Source - LSE Regulatory
RNS Number : 2113A
Britvic plc
31 January 2022
 

Britvic plc

LEI: 635400L3NVMYD4BVCI53

31 January 2022

 

Director/PDMR Shareholding

 

Britvic plc (the "Company") was notified on  28 January 2022, that the Executive Directors and Persons Discharging Managerial Responsibilities ("PDMRs") were granted conditional awards to acquire, for no consideration, Shares under the 2015 Britvic Performance Share Plan ("PSP").

Details of the number of Shares awarded to Executive Directors and PDMRs are detailed below:

Name of Executive Director/PDMR

Position (Executive Director/PDMR)

Number of Shares awarded under the PSP

Simon Litherland

Executive Director

193,157

Joanne Wilson

Executive Director

83,063

Matthew Barwell

PDMR

43,364

Paul Graham

PDMR

44,688

Steven Potts

PDMR

39,132

Elly Tomlins

PDMR

38,658

Hessel de Jong

PDMR

37,469

Pedro Magalhaes

PDMR

18,768

Kevin Donnelly

PDMR

19,975

Notes

1.    The Company's ordinary shares of 20 pence per share ("Shares")

 

The share awards made under the PSP are a conditional right to receive up to the number of Shares stated and will vest to the extent that certain performance criteria are satisfied by the Company over a three-year period from 1 October 2021 to the end of the Company's financial year in 2024.

 

The performance condition attaching to the PSP award has two elements. Half of the shares under award shall be measured on relative Total Shareholder Return ("TSR") against the FTSE 250 (excluding investment trusts) and 20% of that part of the award shall vest at median performance, rising on a straight line to 100% of the award vesting at upper quartile performance. The other half of the shares under award shall be measured on adjusted EPS with threshold vesting at 55.4p, at which 20% of that element of the award shall vest, increasing on a straight-line basis to 59.2p at which 60% of the award will vest, and then on a straight-line basis to 100% vesting at 65.0p.

The attached notifications, made in accordance with Article 19(3) of the EU Market Abuse Regulation, provide further information.

 

Clare Thomas

Company Secretary

 

 

 

 

 

1.          Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

SIMON LITHERLAND

Reason for the notification

(a)

Position/status

CHIEF EXECUTIVE OFFICER, DIRECTOR

(b)

Initial notification/Amendment

INITIAL NOTIFICATION

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

(a)

Name

 

BRITVIC PLC

 

(b)

LEI

635400L3NVMYD4BVCI53

3.         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 20 PENCE EACH

 

 

ISIN: GB00B0N8QD54

 

(b)

Nature of the transaction

GRANT OF AWARDS MADE UNDER THE 2015 BRITVIC PERFORMANCE SHARE PLAN (PSP)

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

  193,157

(d)

Aggregated information

-     Aggregated volume

-     Price

 

  193,157

   0

 

(e)

Date and time of the transaction

28 January 2022

(f)

Place of the transaction

Outside a trading venue

 

 

 

 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

JOANNE WILSON

Reason for the notification

(a)

Position/status

CHIEF FINANCIAL OFFICER, DIRECTOR

(b)

Initial notification/Amendment

INITIAL NOTIFICATION

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

(a)

Name

 

BRITVIC PLC

 

(b)

LEI

635400L3NVMYD4BVCI53

      3.   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 20 PENCE EACH

 

 

ISIN: GB00B0N8QD54

 

(b)

Nature of the transaction

GRANT OF AWARDS MADE UNDER THE 2015 BRITVIC PERFORMANCE SHARE PLAN (PSP)

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

83,063

(d)

Aggregated information

-     Aggregated volume

-     Price

 

83,063

0

 

(e)

Date and time of the transaction

28 January 2022

(f)

Place of the transaction

Outside a trading venue

 

 

 

1.          Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

MATTHEW BARWELL

Reason for the notification

(a)

Position/status

CHIEF MARKETING OFFICER, PDMR

(b)

Initial notification/Amendment

INITIAL NOTIFICATION

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

(a)

Name

 

BRITVIC PLC

 

(b)

LEI

635400L3NVMYD4BVCI53

3.         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 20 PENCE EACH

 

 

ISIN: GB00B0N8QD54

 

(b)

Nature of the transaction

GRANT OF AWARDS MADE UNDER THE 2015 BRITVIC PERFORMANCE SHARE PLAN (PSP)

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

43,364

(d)

Aggregated information

-     Aggregated volume

-     Price

 

43,364

0

 

(e)

Date and time of the transaction

28 January 2022

(f)

Place of the transaction

Outside a trading venue

 

 

 

 

1.        Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

PAUL GRAHAM

Reason for the notification

(a)

Position/status

GB MANAGING DIRECTOR, PDMR

(b)

Initial notification/Amendment

INITIAL NOTIFICATION

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

(a)

Name

 

BRITVIC PLC

 

(b)

LEI

635400L3NVMYD4BVCI53

3.         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 20 PENCE EACH

 

 

ISIN: GB00B0N8QD54

 

(b)

Nature of the transaction

GRANT OF AWARDS MADE UNDER THE 2015 BRITVIC PERFORMANCE SHARE PLAN (PSP)

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

44,688)

(d)

Aggregated information

-     Aggregated volume

-     Price

 

44,688

0

 

(e)

Date and time of the transaction

28 January 2022

(f)

Place of the transaction

Outside a trading venue

 

 

 

 

1.          Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

STEVEN POTTS

Reason for the notification

(a)

Position/status

CHIEF INFORMATION, TRANSFORMATION AND DIGITAL OFFICER, PDMR

(b)

Initial notification/Amendment

INITIAL NOTIFICATION

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

(a)

Name

 

BRITVIC PLC

 

(b)

LEI

635400L3NVMYD4BVCI53

3.         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 20 PENCE EACH

 

 

ISIN: GB00B0N8QD54

 

(b)

Nature of the transaction

GRANT OF AWARDS MADE UNDER THE 2015 BRITVIC PERFORMANCE SHARE PLAN (PSP)

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

39,132

(d)

Aggregated information

-     Aggregated volume

-     Price

 

39,132

0

 

(e)

Date and time of the transaction

28 January 2022

(f)

Place of the transaction

Outside a trading venue

 

 

 

 

1.          Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

ELLY TOMLINS

Reason for the notification

(a)

Position/status

CHIEF PEOPLE OFFICER, PDMR

(b)

Initial notification/Amendment

INITIAL NOTIFICATION

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

(a)

Name

 

BRITVIC PLC

 

(b)

LEI

635400L3NVMYD4BVCI53

3.         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 20 PENCE EACH

 

 

ISIN: GB00B0N8QD54

 

(b)

Nature of the transaction

GRANT OF AWARDS MADE UNDER THE 2015 BRITVIC PERFORMANCE SHARE PLAN (PSP)

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

38,658

(d)

Aggregated information

-     Aggregated volume

-     Price

 

38,658

0

 

(e)

Date and time of the transaction

28 January 2022

(f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

1.          Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

HESSEL DE JONG

Reason for the notification

(a)

Position/status

BRITVIC TEISSEIRE INTERNATIONAL MANAGING DIRECTOR, PDMR

(b)

Initial notification/Amendment

INITIAL NOTIFICATION

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

(a)

Name

 

BRITVIC PLC

 

(b)

LEI

635400L3NVMYD4BVCI53

3.         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 20 PENCE EACH

 

 

ISIN: GB00B0N8QD54

 

(b)

Nature of the transaction

GRANT OF AWARDS MADE UNDER THE 2015 BRITVIC PERFORMANCE SHARE PLAN (PSP)

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

37,469

(d)

Aggregated information

-     Aggregated volume

-     Price

 

37,469

0

 

(e)

Date and time of the transaction

28 January 2022

(f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

1.          Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

PEDRO MAGALHAES

Reason for the notification

(a)

Position/status

BRAZIL MANAGING DIRECTOR, PDMR

(b)

Initial notification/Amendment

INITIAL NOTIFICATION

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

(a)

Name

 

BRITVIC PLC

 

(b)

LEI

635400L3NVMYD4BVCI53

3.         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 20 PENCE EACH

 

 

ISIN: GB00B0N8QD54

 

(b)

Nature of the transaction

GRANT OF AWARDS MADE UNDER THE 2015 BRITVIC PERFORMANCE SHARE PLAN (PSP)

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

18,768

(d)

Aggregated information

-     Aggregated volume

-     Price

 

18,768

0

 

(e)

Date and time of the transaction

28 January 2022

(f)

Place of the transaction

Outside a trading venue

 

 

 

1.          Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

KEVIN DONNELLY

Reason for the notification

(a)

Position/status

IRELAND MANAGING DIRECTOR, PDMR

(b)

Initial notification/Amendment

INITIAL NOTIFICATION

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

(a)

Name

 

BRITVIC PLC

 

(b)

LEI

635400L3NVMYD4BVCI53

3.         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 20 PENCE EACH

 

 

ISIN: GB00B0N8QD54

 

(b)

Nature of the transaction

GRANT OF AWARDS MADE UNDER THE 2015 BRITVIC PERFORMANCE SHARE PLAN (PSP)

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

19,975

(d)

Aggregated information

-     Aggregated volume

-     Price

 

19,975

0

 

(e)

Date and time of the transaction

28 January 2022

(f)

Place of the transaction

Outside a trading venue

 

 

 

 

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