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Britvic PLC — Director's Dealing 2020
May 27, 2020
4843_dirs_2020-05-27_a31a550c-5654-41ad-a9a5-381af9a9936e.html
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 1053O
Britvic plc
27 May 2020
Britvic plc
LEI: 635400L3NVMYD4BVCI53
27 May 2020
Director/PDMR Shareholding
Britvic plc (the "Company") announces vesting on 26 May 2020 of awards over the Company's ordinary shares of 20 pence per share ("Shares") made on 26 May 2017 under the Company's Performance Share Plan ("PSP") to Persons Discharging Managerial Responsibility ("PDMRs").
This PSP award had no performance criteria attached beyond service, and therefore on 26 May 2020 the number of Shares under the PSP that vested in respect of PDMRs are as follows:
| Name of Executive Director/PDMR | Position (Executive Director/PDMR) | Number of Shares vested | Number of Shares sold1 |
| Steve Potts | PDMR | 16,461 | 7,764 |
As a result of the above transactions, the interests of the above PDMR 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 | Number of Shares | Name of Connected Person | Number of Shares | Total Shares | Percentage of Issued Share Capital |
| Steve Potts | 43,020 | - | - | 43,020 | 0.02% |
The attached notifications, made in accordance with Article 19(3) of the EU Market Abuse Regulation, provide further information.
Clare Thomas
Company Secretary
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 26 May 2020 at price of 728.33 pence per Share.
| 1. Details of the person discharging managerial responsibilities/person closely associated | |||
| (a) | Name | Steve 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 | Vesting and exercise of shares under the Britvic 2017 Performance Share Plan | |
| (c) | Price(s) and volume(s) | Price(s) £0 |
Volume(s) 16,461 |
| (d) | Aggregated information - Aggregated volume - Price |
n/a £0.00 |
|
| (e) | Date and time of the transaction | 2020/05/26 | |
| (f) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |||
| (a) | Name | Steve 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 | Sale of Shares to cover tax liabilities and dealing costs | |
| (c) | Price(s) and volume(s) | Price(s) £7.2833 |
Volume(s) 7,764 |
| (d) | Aggregated information - Aggregated volume - Price |
7,764 £56,547.54 |
|
| (e) | Date and time of the transaction | 2020/05/26 | |
| (f) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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