Indivior PLC

Remuneration Information • Feb 27, 2017

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RNS Number : 9549X

Indivior PLC

27 February 2017

Indivior PLC (the 'Company')

Notification of transactions by directors / persons discharging managerial responsibilities ('PDMRs')

The Company announces that on February 24, 2017 it made conditional awards ('Awards') over ordinary shares of US$0.10 in the Company ('Shares') under the terms of the Indivior Long-Term Incentive Plan (the 'LTIP') to the PDMRs set out below:

Name	Maximum number of Shares under Award
Executive Directors
Shaun Thaxter	1,032,288
Mark Crossley	533,167
Executive Committee members
Debby Betz	205,936
Ingo Elfering	257,146
Jon Fogle	240,395
Christian Heidbreder	500,824
Javier Rodriguez	471,364
Richard Simkin	616,474
Frank Stier	169,965
Ponni Subbiah	242,324

The vesting of the Awards is subject to the rules of the LTIP and upon continued employment and the achievement of performance conditions.  The performance conditions applicable to the Awards are based on (1) Relative Total Shareholder Return ("TSR") to the TSR of the constituents of the FTSE 250 (excluding investment trusts); (2) Relative TSR to the TSR constituents of the S&P1500 Pharmaceutical and Biotech Index (one-third weighting for each measure); and (3) Key Pipeline Targets.

The number of Shares under Award that will vest will depend upon the extent to which the performance conditions have been achieved.

No consideration is payable either on the grant or vesting of the Awards. The Awards granted to the Executive Directors will normally vest on the third anniversary of the Award date and are then subject to a further two-year holding period before the Shares are released. The Awards granted to the Executive Committee members will normally vest on the third anniversary of the Award date.

This notification is made in accordance with the requirements of the EU Market Abuse Regulation.

Kathryn Hudson

Company Secretary

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Shaun Thaxter

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

Indivior PLC

b)

LEI

213800V3NCQTY7IED471

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 US$0.10

GB00BRS65X63

b)

Nature of the transaction

Award over Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	1,032,288

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

February 24, 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Crossley

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

Indivior PLC

b)

LEI

213800V3NCQTY7IED471

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 US$0.10

GB00BRS65X63

b)

Nature of the transaction

Award over Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	533,167

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

February 24, 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Debby Betz

2

Reason for the notification

a)

Position/status

Chief Corporate Affairs & Communications Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Indivior PLC

b)

LEI

213800V3NCQTY7IED471

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 US$0.10

GB00BRS65X63

b)

Nature of the transaction

Award over Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	205,936

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

February 24, 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ingo Elfering

2

Reason for the notification

a)

Position/status

Chief Information Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Indivior PLC

b)

LEI

213800V3NCQTY7IED471

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 US$0.10

GB00BRS65X63

b)

Nature of the transaction

Award over Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	257,146

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

February 24, 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jon Fogle

2

Reason for the notification

a)

Position/status

Chief Human Resources Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Indivior PLC

b)

LEI

213800V3NCQTY7IED471

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 US$0.10

GB00BRS65X63

b)

Nature of the transaction

Award over Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	240,395

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

February 24, 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Christian Heidbreder

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

Indivior PLC

b)

LEI

213800V3NCQTY7IED471

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 US$0.10

GB00BRS65X63

b)

Nature of the transaction

Award over Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	500,824

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

February 24, 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Javier Rodriguez

2

Reason for the notification

a)

Position/status

Chief Legal Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Indivior PLC

b)

LEI

213800V3NCQTY7IED471

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 US$0.10

GB00BRS65X63

b)

Nature of the transaction

Award over Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	471,364

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

February 24, 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Simkin

2

Reason for the notification

a)

Position/status

Chief Commercial Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Indivior PLC

b)

LEI

213800V3NCQTY7IED471

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 US$0.10

GB00BRS65X63

b)

Nature of the transaction

Award over Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	616,474

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

February 24, 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Frank Stier

2

Reason for the notification

a)

Position/status

Chief Supply Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Indivior PLC

b)

LEI

213800V3NCQTY7IED471

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 US$0.10

GB00BRS65X63

b)

Nature of the transaction

Award over Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	169,965

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

February 24, 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ponni Subbiah

2

Reason for the notification

a)

Position/status

Chief Medical Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Indivior PLC

b)

LEI

213800V3NCQTY7IED471

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 US$0.10

GB00BRS65X63

b)

Nature of the transaction

Award over Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	242,324

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

February 24, 2017

f)

Place of the transaction

London Stock Exchange (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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