Source - LSE Regulatory
RNS Number : 1447P
Glanbia PLC
14 October 2021
 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 

 [This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

James Bergin

 

 

 

 

2

Reason for the notification

 

a)

Position/status

 

 

CEO, Glanbia Ireland and Person Discharging Managerial Responsibility

 

 

 

b)

Initial Notification Amendment

 

 

Initial Notification

 

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 

Glanbia plc

 

b)

LEI

 

635400SRMCBHVMSKJS84

 

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 €0.06 each

 

ISIN: IE0000669501

b)

Nature of the transaction  

(1) Vesting of awards granted on 18 December 2018 to James Bergin pursuant to the Glanbia Ireland DAC Long Term Incentive Plan - 11,170 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and certain restrictions on disposal), being 51.6% of the original award; the balance of the award lapsed.

 

(2) Sale of 5,821 ordinary shares of €0.06 each by James Bergin to settle a withholding tax liability arising on the vesting of awards under the Long Term Incentive Plan referred to in (1) which is payable immediately.

 

 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Transaction Type

 

€13.75

 

11,170

 

Acquisition

 

€13.75

 

(5,821)

 

Sale

d)

Aggregated information

- Aggregated volume

- Price

 

Price(s)

Volume(s)

 

€13.75

 

5,349

 

 

 

 

e)

Date of the transaction

 

(1) 2021-10-14 - 07:00 A.M.  UTC and (2) 2021-10-14 - 07:00 A.M.  UTC

 

 

 

f)

Place of the transaction

 

1      and 2 - Jersey

 

g)

Additional Information

 

 

 

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