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HIKMA Pharmaceuticals PLC Remuneration Information 2020

Feb 27, 2020

4841_dirs_2020-02-27_e88f3c8f-179e-49d5-b935-89172224cb54.html

Remuneration Information

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RNS Number : 4008E

Hikma Pharmaceuticals Plc

27 February 2020

Hikma Pharmaceuticals PLC - EIP Awards

LONDON, 27 February 2020: Hikma Pharmaceuticals PLC (LSE: HIK) (NasdaqDubai: HIK)

(LEI: 549300BNS685UXH4JI75) announces that the Remuneration Committee made the following conditional awards under the Hikma Pharmaceuticals PLC 2014 Executive Incentive Plan (the "EIP") to Persons Discharging Managerial Responsibility ("PDMR") of the Company.

Awards under the EIP were made on 27 February 2020 at a price of 1,930 pence per Ordinary Share (being the average price for the 30-day period prior to 31 December 2019, in accordance with the EIP rules) as follows:

Notification and public disclosure of transactions by persons discharging managerial responsibilities

Said Darwazah

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Said Darwazah
2 Reason for the notification
a) Position/status Executive Chairman
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element B of the 2014 Executive Incentive Plan (EIP). Shares under Element B EIP award will vest after 2 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 47,169
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Said Darwazah

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Said Darwazah
2 Reason for the notification
a) Position/status Executive Chairman
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element C of the 2014 Executive Incentive Plan (EIP). Shares under Element C EIP award will vest after 3 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 27,057
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Sigurdur Olafsson

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Sigurdur Olafsson
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element B of the 2014 Executive Incentive Plan (EIP). Shares under Element B EIP award will vest after 2 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 53,148
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Sigurdur Olafsson

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Sigurdur Olafsson
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element C of the 2014 Executive Incentive Plan (EIP). Shares under Element C EIP award will vest after 3 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 31,426
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Mazen Darwazah

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Mazen Darwazah
2 Reason for the notification
a) Position/status Executive Vice Chairman
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element B of the 2014 Executive Incentive Plan (EIP). Shares under Element B EIP award will vest after 2 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 32,993
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Mazen Darwazah

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Mazen Darwazah
2 Reason for the notification
a) Position/status Executive Vice Chairman
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element C of the 2014 Executive Incentive Plan (EIP). Shares under Element C EIP award will vest after 3 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 18,831
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Bassam Kanaan

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Bassam Kanaan
2 Reason for the notification
a) Position/status EVP, Corporate Development and M&A
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element B of the 2014 Executive Incentive Plan (EIP). Shares under Element B EIP award will vest after 2 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 22,610
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Bassam Kanaan

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Bassam Kanaan
2 Reason for the notification
a) Position/status EVP, Corporate Development and M&A
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element C of the 2014 Executive Incentive Plan (EIP). Shares under Element C EIP award will vest after 3 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 17,007
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Khalid Nabilsi

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Khalid Nabilsi
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element B of the 2014 Executive Incentive Plan (EIP). Shares under Element B EIP award will vest after 2 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 22,709
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Khalid Nabilsi

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Khalid Nabilsi
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element C of the 2014 Executive Incentive Plan (EIP). Shares under Element C EIP award will vest after 3 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 17,180
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Riad Mishlawi

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Riad Mishlawi
2 Reason for the notification
a) Position/status President, Injectables
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element B of the 2014 Executive Incentive Plan (EIP). Shares under Element B EIP award will vest after 2 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 27,086
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Riad Mishlawi

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Riad Mishlawi
2 Reason for the notification
a) Position/status President, Injectables
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element C of the 2014 Executive Incentive Plan (EIP). Shares under Element C EIP award will vest after 3 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 22,437
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Majda Labadi

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Majda Labadi
2 Reason for the notification
a) Position/status EVP, Organisational Development
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element B of the 2014 Executive Incentive Plan (EIP). Shares under Element B EIP award will vest after 2 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 14,211
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Majda Labadi

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Majda Labadi
2 Reason for the notification
a) Position/status EVP, Organisational Development
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element C of the 2014 Executive Incentive Plan (EIP). Shares under Element C EIP award will vest after 3 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 10,690
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Susan Ringdal

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Susan Ringdal
2 Reason for the notification
a) Position/status EVP, Strategic Planning and Global Affairs
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element B of the 2014 Executive Incentive Plan (EIP). Shares under Element B EIP award will vest after 2 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 11,749
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Susan Ringdal

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Susan Ringdal
2 Reason for the notification
a) Position/status EVP, Strategic Planning and Global Affairs
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element C of the 2014 Executive Incentive Plan (EIP). Shares under Element C EIP award will vest after 3 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 8,874
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Brian Hoffmann

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Brian Hoffmann
2 Reason for the notification
a) Position/status President, US Generics
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element B of the 2014 Executive Incentive Plan (EIP). Shares under Element B EIP award will vest after 2 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 14,441
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Brian Hoffmann

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Brian Hoffmann
2 Reason for the notification
a) Position/status President, US Generics
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element C of the 2014 Executive Incentive Plan (EIP). Shares under Element C EIP award will vest after 3 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 11,962
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Henriette Nielsen

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Henriette Nielsen
2 Reason for the notification
a) Position/status EVP, Business Operations
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element B of the 2014 Executive Incentive Plan (EIP). Shares under Element B EIP award will vest after 2 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 15,635
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Henriette Nielsen

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Henriette Nielsen
2 Reason for the notification
a) Position/status EVP, Business Operations
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element C of the 2014 Executive Incentive Plan (EIP). Shares under Element C EIP award will vest after 3 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 13,060
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Shahin Fesharaki

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Shahin Fesharaki
2 Reason for the notification
a) Position/status Chief Scientific Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element B of the 2014 Executive Incentive Plan (EIP). Shares under Element B EIP award will vest after 2 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 7,752
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Shahin Fesharaki

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Shahin Fesharaki
2 Reason for the notification
a) Position/status Chief Scientific Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Hikma Pharmaceuticals PLC
b) LEI 549300BNS685UXH4JI75
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 and identification code Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083
b) Nature of the transaction The Company granted the named individual above a conditional award to acquire Shares under Element C of the 2014 Executive Incentive Plan (EIP). Shares under Element C EIP award will vest after 3 years.
c) Price(s) and volume(s) Price(s): £19.30

Volume(s): 5,831
d) Aggregated information N/A
e) Date of the transaction 27 February 2020
f) Place of the transaction London Stock Exchange (XLON)

Peter Speirs

Company Secretary, responsible for releasing this announcement

+44 (0) 20 7399 2760

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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