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Britvic PLC Remuneration Information 2022
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Remuneration Information
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National Storage Mechanism | Additional information 
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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