24 May 2021
Vivo Energy plc (the "Company")
(LSE: VVO / JSE: VVO)
Notification of Transactions by Directors
The Company has been notified today that Christian Chammas, Chief Executive Officer has exercised nil-cost options to acquire shares awarded under the IPO Share Awards Plan.
The shares acquired are in connection with the IPO Share Awards Plan and were awarded on 18 May 2018, with the third and final tranche of awards vesting on 10 May 2021. The vesting of the awards was subject to the satisfaction of performance conditions and continued employment. For further details of the plan, please see the Company's 2020 Annual Report, available at https://investors.vivoenergy.com/.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||||
| a) | Name | Christian Chammas
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| 2 | Reason for the notification | |||||||||
| a) | Position/status | Chief Executive Officer | ||||||||
| b) | Initial/Amendment notification | Initial Notification | ||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
| a) | Name | Vivo Energy plc | ||||||||
| b) | LEI | 213800TR7V9QN896AU56 | ||||||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||||
| a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of US$0.50
ISIN: GB00BDGT2M75 | ||||||||
| b) | Nature of the transaction |
Vesting of awards under the IPO Share Awards Plan.
Sale of shares to satisfy statutory withholding liabilities.
| ||||||||
| c) | Price(s) and volume(s) |
| ||||||||
| d) | Aggregated information
- Aggregated volume - Price - Total |
As noted in 4 (c) above | ||||||||
| e) | Date of the transaction | 20 May 2021 | ||||||||
| f) | Place of the transaction | The London Stock Exchange | ||||||||
This notification is made in accordance with the requirements of the Market Abuse Regulation.
ENDS
For further information, please contact:
Minna Gonzalez-Gomez
Group Company Secretary
+44 2030 343 718
Minna.Gonzalez-Gomez@vivoenergy.com
About Vivo Energy:
Vivo Energy operates and markets its products in countries across North, West, East and Southern Africa. The Group has a network of over 2,300 service stations in 23 countries operating under the Shell and Engen brands and exports lubricants to a number of other African countries. Its retail offering includes fuels, lubricants, card services, shops, restaurants and other non-fuel services. It provides fuels, lubricants and liquefied petroleum gas (LPG) to business customers across a range of sectors including marine, mining, construction, power, transport, wholesalers and manufacturing. The Company employs around 2,700 people and has access to over 1,000,000 cubic metres of fuel storage capacity and has a joint venture, Shell and Vivo Lubricants B.V., that sources, blends, packages and supplies Shell-branded lubricants.
Vivo Energy has its primary listing on the London Stock Exchange and secondary listing on the Johannesburg Stock Exchange.
For more information about Vivo Energy please visit www.vivoenergy.com
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