COMMUNIQUÉ DE PRESSE

par Britvic Plc (isin : GB00B0N8QD54)

Director/PDMR Shareholding*

Britvic plc (BVIC )
Director/PDMR Shareholding*

31-Jan-2024 / 14:21 GMT/BST


Britvic plc

LEI: 635400L3NVMYD4BVCI53

30 January 2024

 

Director Shareholder

 

Britvic plc (the “Company”) announces partial vesting on 28 January 2024 of awards over the Company’s ordinary shares of 20 pence per share (“Shares”) made on 28 January 2021 under the Company’s Performance Share Plan (“PSP”) to Executive Directors.

The performance criteria attached to the PSP award were Relative Total Shareholder Returns and adjusted, diluted EPS. Considering the performance against the criteria, 60.7% of the PSP vested on 28 January 2024.  Details of the number of Shares under the PSP that vested in respect of Executive Directors are as follows:

Name of Executive Director

Number of Shares vested

Number of Shares sold 1

Simon Litherland

86,762

40,922

 

As a result of the above transactions, the interests of the above Executive Directors and their connected persons in the Company’s Shares (excluding options, awards under the Company’s LTIPs and interests as potential beneficiaries of the Company’s Employee Benefit Trusts) are as follows:

 

Name of Executive Director

Number of Shares

Name of Connected Person

Number of Shares

Total Shares

Percentage of Issued Share Capital

Simon Litherland

439,902

-

-

439,902

0.18%

 

Notes

  1. The participant sold the number of shares stated to cover liabilities for income tax and national insurance contributions arising on vesting in addition to dealing costs.  The sale was made on 29 January 2024 at a price of 886.422 pence per Share.
  2. The net resulting 45,840 shares are to be held for a further 2 years in line with the Directors Remuneration Policy.

This notification is made in accordance with DTR 3.1.4R(1)(a) of the FCA’s Disclosure Guidance and Transparency Rules. 

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

 

 

Mollie Stoker

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, Executive Director

(b)

Initial notification/Amendment

 

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

(a)

Name

Britvic plc

(b)

LEI

635400L3NVMYD4BVCI53

  1. 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

Sale of Shares to cover tax liabilities and dealing costs

(c)

Price(s) and volume(s)

Price(s)

£8.86422

Volume(s)

40,922

(d)

Aggregated information

  • Aggregated volume
  • Price

 

40,922

£362,741.61

 

(e)

Date and time of the transaction

29 January 2024

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

  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, Executive Director

(b)

Initial notification/Amendment

Initial notification

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

(a)

Name

Britvic plc

(b)

LEI

635400L3NVMYD4BVCI53

  1. 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

Vesting of shares under the Britvic 2019 Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

86,762

(d)

Aggregated information

  • Aggregated volume
  • Price

 

n/a

£0

 

(e)

Date and time of the transaction

29 January 2024

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 



Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


ISIN:GB00B0N8QD54
Category Code:DSH
TIDM:BVIC
LEI Code:635400L3NVMYD4BVCI53
OAM Categories:3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.:300918
EQS News ID:1827377

 
End of AnnouncementEQS News Service

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