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Glanbia Plc — Director's Dealing 2017
Nov 10, 2017
1960_dirs_2017-11-10_8042c0a3-1ac2-43b8-b9c5-7f577bcdcae1.html
Director's Dealing
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RNS Number : 2248W
Glanbia PLC
10 November 2017
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Michael Patten
2
Reason for the notification
a)
Position/status
Group Human Resources and Corporate Affairs Director and Person Discharging Managerial Responsibility
b)
Initial Notification Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Glanbia plc
b)
LEI
635400SRMCBHVMSKJS84
4
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 €0.06 each
ISIN: IE0000669501
b)
Nature of the transaction
(1) Vesting of awards granted on 10 November 2014 to Michael Patten pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 6,283 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 81.06% of the original award; the balance of the award lapsed.
(2) Sale of 3,109 ordinary shares of €0.06 each by Michael Patten to settle a withholding tax liability arising on the vesting of awards under the 2008 Long Term Incentive Plan referred to in (1) which is payable immediately.
c)
Price(s) and volume(s)
| Transaction No. | Price(s) | Volume(s) | Transaction Type |
| 1 | €16.48 | 6,283 | Acquisition |
| 2 | €16.48 | (3,109) | Sale |
d)
Aggregated information
- Aggregated volume
- Price
| Price(s) | Volume(s) |
| €16.48 | 3,174 |
e)
Date of the transaction
(1) and (2) 2017-11-10 - 1:00 P.M. UTC
f)
Place of the transaction
Jersey
g)
Additional Information
This information is provided by RNS
The company news service from the London Stock Exchange
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