Glanbia PLC Director/PDMR Shareholding (2248W)

TIDMGLB

RNS Number : 2248W

Glanbia PLC

10 November 2017

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  -------------------------------------------------------------------------- 
 a)   Name 
                            Michael Patten 
---  ------------------  ------------------------------------------------------ 
 
 2    Reason for the notification 
---  -------------------------------------------------------------------------- 
 a)   Position/status 
 
                            Group Human Resources and Corporate 
                            Affairs Director and Person Discharging 
                            Managerial Responsibility 
---  ------------------  ------------------------------------------------------ 
 b)   Initial 
       Notification 
       Amendment            Initial Notification 
---  ------------------  ------------------------------------------------------ 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  -------------------------------------------------------------------------- 
 a)   Name 
                            Glanbia plc 
---  ------------------  ------------------------------------------------------ 
 b)   LEI 
                            635400SRMCBHVMSKJS84 
---  ------------------  ------------------------------------------------------ 
 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,          Ordinary Shares of EUR0.06 each 
       type of 
       instrument           ISIN: IE0000669501 
       Identification 
       code 
---  ------------------  ------------------------------------------------------ 
 b)   Nature of           (1) Vesting of awards granted on 
       the transaction     10 November 2014 to Michael Patten 
                           pursuant to the Glanbia plc 2008 
                           Long Term Incentive Plan - 6,283 
                           ordinary shares of EUR0.06 each (subject 
                           to the necessary withholding taxes, 
                           forfeiture provisions and restrictions 
                           on disposal), being 81.06% of the 
                           original award; the balance of the 
                           award lapsed. 
 
                           (2) Sale of 3,109 ordinary shares 
                           of EUR0.06 each by Michael Patten 
                           to settle a withholding tax liability 
                           arising on the vesting of awards 
                           under the 2008 Long Term Incentive 
                           Plan referred to in (1) which is 
                           payable immediately. 
---  ------------------  ------------------------------------------------------ 
 c)   Price(s)              Transaction   Price(s)    Volume(s)   Transaction 
       and volume(s)          No.                                   Type 
                            ============  ==========  ==========  ============= 
 
                             1              EUR16.48    6,283       Acquisition 
                            ============  ==========  ==========  ============= 
 
                             2              EUR16.48    (3,109)     Sale 
                            ============  ==========  ==========  ============= 
---  ------------------  ------------------------------------------------------ 
 d)   Aggregated 
       information           Price(s)   Volume(s) 
       - Aggregated         =========  ========== 
       volume                EUR16.48   3,174 
       - Price              =========  ========== 
---  ------------------  ------------------------------------------------------ 
 e)   Date of 
       the transaction 
                                 (1) and (2) 2017-11-10 - 1:00 P.M. 
                                 UTC 
---  ------------------  ------------------------------------------------------ 
 f)   Place of 
       the transaction      Jersey 
---  ------------------  ------------------------------------------------------ 
 g)   Additional 
       Information 
---  ------------------  ------------------------------------------------------ 
 

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November 10, 2017 11:00 ET (16:00 GMT)