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Glanbia Plc — Director's Dealing 2019
Nov 18, 2019
1960_dirs_2019-11-18_a74a6f41-7d92-401a-96f8-4bfa9cffc43e.html
Director's Dealing
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RNS Number : 7944T
Glanbia PLC
18 November 2019
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
James Bergin
2
Reason for the notification
a)
Position/status
CEO, Glanbia Ireland 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 November 2016 to James Bergin pursuant to the Glanbia Ireland DAC Long Term Incentive Plan - 22,929 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and certain restrictions on disposal), being 74.7% of the original award; the balance of the award lapsed.
(2) Sale of 11,947 ordinary shares of €0.06 each by James Bergin to settle a withholding tax liability arising on the vesting of awards under the Long Term Incentive Plan referred to in (1) which is payable immediately.
(3) Acquisition of 757 shares through an inheritance
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | Transaction Type |
| €11.51 | 22,929 | Acquisition |
| €11.51 | (11,947) | Sale |
| ### €N/A | 757 | Inheritance |
d)
Aggregated information
- Aggregated volume
- Price
| Price(s) | Volume(s) |
| €11.51 | 10,982 |
| €N/A | 757 |
e)
Date of the transaction
(1) 2019-11-18 - 08:00A.M. UTC and (2) 2019-11-18 - 08:00 A.M. UTC
(3) 2019-11-18 - 08:00 A.M. UTC
f)
Place of the transaction
1 and 2 - Jersey
3 Kilkenny
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.
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