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Indivior PLC

Remuneration Information Feb 25, 2020

4923_dirs_2020-02-25_b4154b35-c04c-4bbc-b62f-ef0f8edd2402.html

Remuneration Information

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RNS Number : 0447E

Indivior PLC

25 February 2020

INDIVIOR PLC (THE 'COMPANY')

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

The relevant notification set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

The Company announces that it was notified on February 24, 2020 of the following changes to the interests of persons discharging managerial responsibilities ('PDMR') in the Ordinary Shares of $0.10 each in the Company ('Shares').

In accordance with the Rules of the Indivior Long-Term Incentive Plan ('LTIP'), conditional awards held by the PDMRs named below, which were granted on February 24, 2017, vested on February 24, 2020.  The vesting of these awards was settled on a net settled basis, resulting in the delivery of shares in the amounts set out below.

Name of PDMR Number of vested Shares Number of Shares delivered
Debby Betz 40,157 22,046
Jon Fogle 46,877 25,735
Christian Heidbreder 97,660 53,615
Javier Rodriguez 91,915 50,461
Richard Simkin 120,212 65,996
Frank Stier 33,143 17,565

Following these transactions, the PDMRs has beneficial interests in the following number of Shares:

Name of PDMR Number of Shares held1
Debby Betz 138,108
Jon Fogle 249,079
Christian Heidbreder 438,961
Javier Rodriguez 422,373
Richard Simkin 608,449
Frank Stier 165,214

1.   These holdings include Shares held in the form of American Depositary Receipts ('ADRs').

Kathryn Hudson

Company Secretary

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Debby Betz

2

Reason for the notification

a)

Position/status

PDMR - 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

Vesting of Conditional Award over Ordinary Shares of US$0.10.  Vesting has been settled on a net settlement basis.

c)

Price(s) and volume(s)

Price(s) Volume(s)
nil 22,046

d)

Aggregated information

- Volume

- Price

- Total 

n/a

e)

Date of the transaction

February 24, 2020

f)

Place of the transaction

n/a

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jon Fogle

2

Reason for the notification

a)

Position/status

PDMR - 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

Vesting of Conditional Award over Ordinary Shares of US$0.10. Vesting has been settled on a net settlement basis.

c)

Price(s) and volume(s)

Price(s) Volume(s)
nil 25,735

d)

Aggregated information

- Volume

- Price

- Total 

n/a

e)

Date of the transaction

February 24, 2020

f)

Place of the transaction

n/a

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Christian Heidbreder

2

Reason for the notification

a)

Position/status

PDMR - 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

Vesting of Conditional Award over Ordinary Shares of US$0.10. Vesting has been settled on a net settlement basis.

c)

Price(s) and volume(s)

Price(s) Volume(s)
nil 53,615

d)

Aggregated information

- Volume

- Price

- Total 

n/a

e)

Date of the transaction

February 24, 2020

f)

Place of the transaction

n/a

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Javier Rodriguez

2

Reason for the notification

a)

Position/status

PDMR - 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

Vesting of Conditional Award over Ordinary Shares of US$0.10. Vesting has been settled on a net settlement basis.

c)

Price(s) and volume(s)

Price(s) Volume(s)
nil 50,461

d)

Aggregated information

- Volume

- Price

- Total 

n/a

e)

Date of the transaction

February 24, 2020

f)

Place of the transaction

n/a

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Simkin

2

Reason for the notification

a)

Position/status

PDMR - Chief Commercial & Strategy 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

Vesting of Conditional Award over Ordinary Shares of US$0.10. Vesting has been settled on a net settlement basis.

c)

Price(s) and volume(s)

Price(s) Volume(s)
nil 65,996

d)

Aggregated information

- Volume

- Price

- Total 

n/a

e)

Date of the transaction

February 24, 2020

f)

Place of the transaction

n/a

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Frank Stier

2

Reason for the notification

a)

Position/status

PDMR - Chief Manufacturing & 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

Vesting of Conditional Award over Ordinary Shares of US$0.10. Vesting has been settled on a net settlement basis.

c)

Price(s) and volume(s)

Price(s) Volume(s)
nil 17,565

d)

Aggregated information

- Volume

- Price

- Total 

n/a

e)

Date of the transaction

February 24, 2020

f)

Place of the transaction

n/a

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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