Remuneration Information • Aug 4, 2022
Remuneration Information
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information ![]()
RNS Number : 9825U
Indivior PLC
04 August 2022
INDIVIOR PLC (THE 'COMPANY')
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMR') AND PERSONS CLOSELY ASSOCIATED WITH THEM
The Company announces that on August 3, 2022, it granted a Conditional Award ('Award') over 348,189 Ordinary Shares of US$0.10 each in the Company ('Shares') under the Indivior Long-Term Incentive Plan ('LTIP') to Nina DeLorenzo, Chief Global Impact Officer, a PDMR of the Company.
The vesting of the Award is subject to the Rules of the LTIP and upon continued employment and the achievement of performance conditions. The performance conditions applicable to the Award is based on (1) relative Total Shareholder Return ('TSR') versus the FTSE 250 excluding investment trusts and (2) relative TSR versus the S&P1500 Pharmaceutical and Biotech Index (50% weighting for each measure).
The number of Shares under Award that will vest will depend upon the extent to which the performance conditions have been achieved. The Award is scheduled to vest on March 1, 2025.
This notification is made in accordance with the requirements of the UK Market Abuse Regulation.
Kathryn Hudson
Company Secretary
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nina DeLorenzo
2
Reason for the notification
a)
Position/status
PDMR - Chief Global Impact 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 | 348,189 |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
August 3, 2022
f)
Place of the transaction
Outside a trading venue
Indivior PLC's Legal Entity Identifier code is 213800V3NCQTY7IED471.
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHUPUPPRUPPGWC
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.