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Glanbia Plc Director's Dealing 2021

May 18, 2021

1960_dirs_2021-05-18_dd6e82cd-c230-491f-b247-52e0cceb837d.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 0560Z

Glanbia PLC

18 May 2021

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 26 April 2018 to Mark Garvey pursuant to the Glanbia plc 2018 Long Term Incentive Plan - 15,346 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 21.0% of the original award; the balance of the award lapsed.

(2) Sale of 7,141 ordinary shares of €0.06 each by Mark Garvey to settle a withholding tax liability arising on the vesting of awards under the 2018 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 €14.30 15,346 Acquisition
2 €14.30 (7,141) Sale

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
€14.30 8,205

e)

Date of the transaction

(1)   and (2) 2021-05-18 - 07:00 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 26 April 2018 to Michael Horan pursuant to the Glanbia plc 2018 Long Term Incentive Plan - 15,808 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 44.8% of the original award; the balance of the award lapsed.

(2) Sale of 7,356 ordinary shares of €0.06 each by Michael Horan to settle  a withholding tax liability arising on the vesting of awards under the 2018 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 €14.30 15,808 Acquisition
2 €14.30 (7,356) Sale

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
€14.30 8,452

e)

Date of the transaction

(1)   and (2) 2021-05-18 - 07:00 A.M.  UTC

f)

Place of the transaction

1 and 2 - Jersey

g)

Additional Information

SIGNATURE

DATE OF NOTIFICATION

18 May 2021

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 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 26 April 2018 to Hugh McGuire pursuant to the Glanbia plc 2018 Long Term Incentive Plan - 9,721 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 13.1% of the original award; the balance of the award lapsed.

(2) Sale of 4,524 ordinary shares of €0.06 each by Hugh McGuire to settle a withholding tax liability arising on the vesting of awards under the 2018 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 €14.30 9,721 Acquisition
2 €14.30 (4,524) Sale

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
€14.30 5,197

e)

Date of the transaction

(1)   and (2) 2021-05-18 - 07:00 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 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 26 April 2018 to Michael Patten pursuant to the Glanbia plc 2018 Long Term Incentive Plan - 18,017 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 44.8% of the original award; the balance of the award lapsed.

(2) Sale of 8,384 ordinary shares of €0.06 each by Michael Patten to settle a withholding tax liability arising on the vesting of awards under the 2018 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 €14.30 18,017 Acquisition
2 €14.30 (8,384) Sale

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
€14.30 9,633

e)

Date of the transaction

(1)   and (2) 2021-05-18 - 07.00 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 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 26 April 2018 to Brian Phelan pursuant to the Glanbia plc 2018 Long Term Incentive Plan - 12,612 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 19.6% of the original award; the balance of the award lapsed.

(2) Sale of 12,612 ordinary shares of €0.06 each by Brian Phelan in part to settle a withholding tax liability arising on the vesting of awards under the 2018 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 €14.30 12,612 Acquisition
2 €14.21 (12,612) Sale

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
€14.30 12,612
€14.21 (12,612)

e)

Date of the transaction

(1)   2021-05-18- 07:00 A.M. UTC and

(2)   2021-05-18- 11.03 A.M. UTC

f)

Place of the transaction

1      Jersey and

2      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 26 April 2018 to Siobhán Talbot pursuant to the Glanbia plc 2018 Long Term Incentive Plan - 32,613 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 21.0% of the original award; the balance of the award lapsed.

(2) Sale of 15,176 ordinary shares of €0.06 each by Siobhán Talbot to settle a withholding tax liability arising on the vesting of awards under the 2018 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 €14.30 32,613 Acquisition
2 €14.30 (15,176) Sale

d)

Aggregated information

- Aggregated volume

- Price

Price(s) Volume(s)
€14.30 17,437

e)

Date of the transaction

(1)   and (2) 2021-05-18 - 07.00A.M. UTC

f)

Place of the transaction

1 and 2 - Jersey

g)

Additional Information

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