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Glanbia Plc Director's Dealing 2018

May 25, 2018

1960_dirs_2018-05-25_adb92dfa-0a4a-4f70-8359-f1c0f375362e.html

Director's Dealing

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RNS Number : 3713P

Glanbia PLC

25 May 2018

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

Mark Garvey

2

Reason for the notification

a)

Position/status

Group Finance Director, Executive 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 18 May 2015 to Mark Garvey pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 35,861 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 76.8% of the original award; the balance of the award lapsed.

(2) Sale of 16,687  ordinary shares of €0.06 each by Mark Garvey 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 €15.08 35,861 Acquisition
2 €15.08 (16,687) Sale

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
€15.08 19,174

e)

Date of the transaction

(1)   and (2) 2018-05-25 - 08:00 A.M.  UTC

f)

Place of the transaction

1 and 2 - Jersey

g)

Additional Information

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 Horan

2

Reason for the notification

a)

Position/status

Group Secretary 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 18 May 2015 to Michael Horan pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 16,601 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 77.4% of the original award; the balance of the award lapsed.

(2) Sale of 7,725  ordinary shares of €0.06 each by Michael Horan 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 €15.08 16,601 Acquisition
2 €15.08 (7,725) Sale

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
€15.08 8,876

e)

Date of the transaction

(1)   and (2) 2018-05-25 - 08:00 A.M.  UTC

f)

Place of the transaction

1 and 2 - Jersey

g)

Additional Information

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

Hugh McGuire

2

Reason for the notification

a)

Position/status

CEO Glanbia Performance Nutrition, Executive 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 18 May 2015 to Hugh McGuire pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 35,239 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 75.46% of the original award; the balance of the award lapsed.

(2) Sale of 17,447 ordinary shares of €0.06 each by Hugh McGuire 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.

(3) Sale of 16,061 ordinary shares of €0.06 each by Hugh McGuire to settle in part 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 €15.08 35,239 Acquisition
2 €15.08 (17,447) Sale
3 €15.00 (16,061) Sale

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
€15.08 17,792
€15.00 (16,061)

e)

Date of the transaction

(1)   and (2) 2018-05-25 - 08:00 A.M.  UTC

(3)   2018-05-25-  09.20 A.M. UTC

f)

Place of the transaction

1 and 2 - Jersey

3 - Dublin

g)

Additional Information

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 18 May 2015 to Michael Patten pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 24,182 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 78.9% of the original award; the balance of the award lapsed.

(2) Sale of 11,253 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 €15.08 24,182 Acquisition
2 €15.08 (11,253) Sale

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
€15.08 12,929

e)

Date of the transaction

(1)   and (2) 2018-05-25 - 08:00 A.M.  UTC

f)

Place of the transaction

1 and 2 - Jersey

g)

Additional Information

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

Brian Phelan

2

Reason for the notification

a)

Position/status

CEO Glanbia Nutritionals, Executive 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 18 May 2015 to Brian Phelan pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 24,295 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 53.39% of the original award; the balance of the award lapsed.

(2) Sale of 11,306 ordinary shares of €0.06 each by Brian Phelan 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.

(3) Sale of 6,000 ordinary shares of €0.06 each.

c)

Price(s) and volume(s)

Transaction No. Price(s) Volume(s) Transaction Type
1 €15.08 24,295 Acquisition
2 €15.08 (11,306) Sale
3 €15.00 (6,000) Sale

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
€15.08 12,989
€15.00 (6,000)

e)

Date of the transaction

(1)   and (2) 2018-05-25 - 08:00 A.M.  UTC

(3)   2018-05-25-  09.20  A.M. UTC

f)

Place of the transaction

1 and 2 - Jersey

3 - Dublin

g)

Additional Information

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

Siobhán Talbot

2

Reason for the notification

a)

Position/status

Group Managing Director, Executive 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 18 May 2015 to Siobhán Talbot pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 84,047 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 76.8% of the original award; the balance of the award lapsed.

(2) Sale of 39,110 ordinary shares of €0.06 each by Siobhán Talbot 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.

(3) Sale of 34,937 ordinary shares of €0.06 each.

c)

Price(s) and volume(s)

Transaction No. Price(s) Volume(s) Transaction Type
1 €15.08 84,047 Acquisition
2 €15.08 (39,110) Sale
3 €15.00 (34,937) Sale

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
€15.08 44,937
€15.00 (34,937)

e)

Date of the transaction

(1)   and (2) 2018-05-25 - 08:00 A.M.  UTC

(3)   2018-05-25-  09.20 A.M. UTC

f)

Place of the transaction

1 and 2 - Jersey

3 - Dublin

g)

Additional Information

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

Tom Tench

2

Reason for the notification

a)

Position/status

Group Corporate Development 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 18 May 2015 to Tom Tench pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 22,636 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 78.6% of the original award; the balance of the award lapsed.

(2) Sale of 8,461 ordinary shares of €0.06 each by Tom Tench 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 €15.08 22,636 Acquisition
2 €15.08 (8,461) Sale

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
€15.08 14,175

e)

Date of the transaction

(1)   and (2) 2018-05-25 - 08:00 A.M.  UTC

f)

Place of the transaction

1 and 2 - Jersey

g)

Additional Information

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.

END

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