Britvic PLC — Remuneration Information 2019

Dec 4, 2019

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 6570V

Britvic plc

04 December 2019

Britvic plc

LEI: 635400L3NVMYD4BVCI53

4th December 2019

Director/PDMR Shareholding

Britvic plc (the "Company") announces partial vesting on 2nd December 2019 of awards over the Company's ordinary shares of 20 pence per share ("Shares") made on 2nd December 2016 under the Company's Performance Share Plan ("PSP") and Executive Share Option Plan ("ESOP") to Executive Directors and Persons Discharging Managerial Responsibility ("PDMRs").

The performance criteria attached to the PSP award was EPS and TSR. Taking into account the performance against the criteria, 82.0% of the PSP vested on 2nd December 2019.  Details of the number of Shares under the PSP that vested in respect of Executive Directors and PDMRs are as follows:

Name of Executive Director/PDMR	Position (Executive Director/PDMR)	Number of Shares vested	Number of Shares sold1
Matt Barwell	PDMR	33,471	15,787
Zareena Brown	PDMR	15,948	7,522
Hessel De Jong	PDMR	25,511	13,300
Kevin Donnelly	PDMR	17,009	8,876
Paul Graham	PDMR	31,812	15,005
Clive Hooper	PDMR	28,335	13,365
Simon Litherland	Executive Director	151,796	71,595
Olivier Mercier	PDMR	4,138	0

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.

Jonathan Adelman

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 2nd December 2019 at price of 967.857 pence per Share.

1.          Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Matt 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	Sale of Shares to cover tax liabilities and dealing costs
(c)	Price(s) and volume(s)	Price(s) £9.67857	Volume(s) 15,787
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date and time of the transaction	2nd December 2019
(f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.    Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Zareena Brown
Reason for the notification
(a)	Position/status	Chief Human Resources 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) £9.67857	Volume(s) 7,522
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date and time of the transaction	2nd December 2019
(f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.    Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Hessel De Jong
Reason for the notification
(a)	Position/status	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	Sale of Shares to cover tax liabilities and dealing costs
(c)	Price(s) and volume(s)	Price(s) £9.67857	Volume(s) 13,300
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date and time of the transaction	2nd December 2019
(f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.    Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Kevin Donnelly
Reason for the notification
(a)	Position/status	Managing Director - Ireland, 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) £9.67857	Volume(s) 8,876
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date and time of the transaction	2nd December 2019
(f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.    Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Paul Graham
Reason for the notification
(a)	Position/status	Managing Director - GB, 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) £9.67857	Volume(s) 15,005
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date and time of the transaction	2nd December 2019
(f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.    Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Clive Hooper
Reason for the notification
(a)	Position/status	Chief Supply Chain 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) £9.67857	Volume(s) 13,365
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date and time of the transaction	2nd December 2019
(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
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) £9.67857	Volume(s) 71,595
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date and time of the transaction	2nd December 2019
(f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.    Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Matt 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	Vesting of shares under the Britvic 2016 Performance Share Plan
(c)	Price(s) and volume(s)	Price(s) £0	Volume(s) 33,471
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date and time of the transaction	2nd December 2019
(f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.    Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Zareena Brown
Reason for the notification
(a)	Position/status	Chief Human Resources 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 of shares under the Britvic 2016 Performance Share Plan
(c)	Price(s) and volume(s)	Price(s) £0	Volume(s) 15,948
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date and time of the transaction	2nd December 2019
(f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.    Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Hessel De Jong
Reason for the notification
(a)	Position/status	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	Vesting of shares under the Britvic 2016 Performance Share Plan
(c)	Price(s) and volume(s)	Price(s) £0	Volume(s) 25,511
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date and time of the transaction	2nd December 2019
(f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.    Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Kevin Donnelly
Reason for the notification
(a)	Position/status	Managing Director - Ireland, 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 of shares under the Britvic 2016 Performance Share Plan
(c)	Price(s) and volume(s)	Price(s) £0	Volume(s) 17,009
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date and time of the transaction	2nd December 2019
(f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.    Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Paul Graham
Reason for the notification
(a)	Position/status	Managing Director - GB, 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 of shares under the Britvic 2016 Performance Share Plan
(c)	Price(s) and volume(s)	Price(s) £0	Volume(s) 31,812
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date and time of the transaction	2nd December 2019
(f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.    Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Clive Hooper
Reason for the notification
(a)	Position/status	Chief Supply Chain 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 of shares under the Britvic 2016 Performance Share Plan
(c)	Price(s) and volume(s)	Price(s) £0	Volume(s) 28,335
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date and time of the transaction	2nd December 2019
(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
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 of shares under the Britvic 2016 Performance Share Plan
(c)	Price(s) and volume(s)	Price(s) £0	Volume(s) 151,796
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date and time of the transaction	2nd December 2019
(f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.    Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Olivier Mercier
Reason for the notification
(a)	Position/status	Directeur Général France, 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 of shares under the Britvic 2016 Performance Share Plan
(c)	Price(s) and volume(s)	Price(s) £0	Volume(s) 4,138
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date and time of the transaction	2nd December 2019
(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 rns@lseg.com or visit www.rns.com.

END

DSHFMMGZGDLGLZM