Fevertree Drinks PLC Director/PDMR Shareholding (0745M)

TIDMFEVR

RNS Number : 0745M

Fevertree Drinks PLC

26 July 2017

Fevertree Drinks plc

("Fever-Tree" or the "Company")

Director / PDMR Shareholding

Fever-Tree, the world's leading supplier of premium carbonated mixers, announces that the Company was informed on 25 July 2017 that certain Directors of the Company as detailed below sold ordinary shares of 0.25 pence each in the capital the Company ("Ordinary Shares") in response to demand from institutional investors.

 
                  Date of Transaction   Number of Ordinary   Price at which      Beneficial          Beneficial 
  Director                              Shares disposed of   the Ordinary        holding of          holding of 
                                                             Shares were         Ordinary Shares     Ordinary Shares 
                                                             disposed of         following this      following this 
                                                                                 transaction         transaction (%) 
---------------  --------------------  -------------------  ------------------  ------------------  ------------------ 
 Tim Warrillow    25/07/2017                     1,500,000              1,925p           6,184,352                5.4% 
---------------  --------------------  -------------------  ------------------  ------------------  ------------------ 
 Bill Ronald      25/07/2017                        50,000              2,083p             392,771                0.3% 
---------------  --------------------  -------------------  ------------------  ------------------  ------------------ 
 

Tim Warrillow and Bill Ronald have agreed that they will not, without Investec's prior written consent, dispose of further Ordinary Shares in the Company for a period of 12 months (subject to certain customary exceptions).

For further information:

 
                                  c/o FTI +44 (0)20 
 Fevertree Drinks plc              3727 1000 
 Tim Warrillow, Co-founder and 
  CEO 
 Andy Branchflower, Finance 
  Director 
 
 Investec Bank plc - Nominated    [phone] 
  Adviser and Broker               5970 
 Garry Levin 
 Matt Lewis 
 Alex Wright 
 David Anderson 
 
 

Notes to Editors:

Fever-Tree is the world's leading supplier of premium carbonated mixers for alcoholic spirits by retail sales value, with distribution to over 50 countries worldwide. Based in the UK, the brand was launched in 2005 to provide high quality mixers which could cater to the growing demand for premium spirits, in particular gin, but also increasingly for vodka, rum and whisky. The Company now sells a range of carbonated mixers to hotels, restaurants, bars and cafes ("On-Trade") as well as selected retail outlets ("Off-Trade"). Approximately 56 per cent of the Group's sales were derived from outside of the UK in financial year 2016, with key overseas markets in the US and Europe.

ANNEX

The notifications below are provided in accordance with the requirements of the EU Market Abuse Regulations:

 
 1.   Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ---------------------------------------------------------- 
 a)   Name                             Tim Warrillow 
---  -------------------------------  ------------------------- 
 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                             Fevertree Drinks plc 
---  -------------------------------  ------------------------- 
 b)   LEI                              2138007AJRLHRVQZLD07 
---  -------------------------------  ------------------------- 
 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     Ordinary Shares of 0.25p 
       instrument, type of              each 
       instrument                       GB00BRJ9BJ26 
       Identification code 
---  -------------------------------  ------------------------- 
 b)   Nature of the transaction        Sale of Ordinary Shares 
---  -------------------------------  ------------------------- 
 c)   Price(s) and volume(s)            Price(s)   Volume(s) 
                                        ---------  ---------- 
                                         1,925p     1,500,000 
                                        ---------  ---------- 
---  -------------------------------  ------------------------- 
 d)   Aggregated information           N/A 
---  -------------------------------  ------------------------- 
 e)   Date of the transaction          25 July 2017 
---  -------------------------------  ------------------------- 
 f)   Place of the transaction         London Stock Exchange 
---  -------------------------------  ------------------------- 
 
 
 1.   Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ---------------------------------------------------------- 
 a)   Name                             Bill Ronald 
---  -------------------------------  ------------------------- 
 2.   Reason for the notification 
---  ---------------------------------------------------------- 
 a)   Position/status                  Non-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                             Fevertree Drinks plc 
---  -------------------------------  ------------------------- 
 b)   LEI                              2138007AJRLHRVQZLD07 
---  -------------------------------  ------------------------- 
 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     Ordinary Shares of 0.25p 
       instrument, type of              each 
       instrument                       GB00BRJ9BJ26 
       Identification code 
---  -------------------------------  ------------------------- 
 b)   Nature of the transaction        Sale of Ordinary Shares 
---  -------------------------------  ------------------------- 
 c)   Price(s) and volume(s)            Price(s)   Volume(s) 
                                        ---------  ---------- 
                                         2,083p     50,000 
                                        ---------  ---------- 
---  -------------------------------  ------------------------- 
 d)   Aggregated information           N/A 
---  -------------------------------  ------------------------- 
 e)   Date of the transaction          25 July 2017 
---  -------------------------------  ------------------------- 
 f)   Place of the transaction         London Stock Exchange 
---  -------------------------------  ------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 26, 2017 02:01 ET (06:01 GMT)