Britvic plc Director/PDMR Shareholding (1053O)

TIDMBVIC

RNS Number : 1053O

Britvic plc

27 May 2020

Britvic plc

LEI: 635400L3NVMYD4BVCI53

27 May 2020

Director/PDMR Shareholding

Britvic plc (the "Company") announces vesting on 26 May 2020 of awards over the Company's ordinary shares of 20 pence per share ("Shares") made on 26 May 2017 under the Company's Performance Share Plan ("PSP") to Persons Discharging Managerial Responsibility ("PDMRs").

This PSP award had no performance criteria attached beyond service, and therefore on 26 May 2020 the number of Shares under the PSP that vested in respect of PDMRs are as follows:

 
 Name of Executive    Position (Executive    Number of Shares   Number of Shares 
  Director/PDMR        Director/PDMR)         vested             sold(1) 
 Steve Potts          PDMR                   16,461             7,764 
                     ---------------------  -----------------  ----------------- 
 

As a result of the above transactions, the interests of the above PDMR and their connected persons in the Company's Shares (excluding options, awards under the Company's LTIPs and interests as potential beneficiaries of the Company's Employee Benefit Trusts) are as follows:

 
 Name           Number       Name of Connected   Number       Total Shares   Percentage 
                 of Shares    Person              of Shares                   of Issued 
                                                                              Share Capital 
 Steve Potts    43,020       -                   -            43,020         0.02% 
               -----------  ------------------  -----------  -------------  --------------- 
 

The attached notifications, made in accordance with Article 19(3) of the EU Market Abuse Regulation, provide further information.

Clare Thomas

Company Secretary

Notes

1 The participant sold the number of shares stated to cover liabilities for income tax and national insurance contributions arising on vesting in addition to dealing costs. The sale was made on 26 May 2020 at price of 728.33 pence per Share.

 
      1. Details of the person discharging managerial responsibilities/person 
       closely associated 
 (a)     Name                                         Steve Potts 
        -------------------------------------------  -------------------------------------------- 
 Reason for the notification 
 (a)     Position/status                              Chief Information, Transformation and 
                                                       Digital Officer, PDMR 
        -------------------------------------------  -------------------------------------------- 
 (b)     Initial notification/Amendment               Initial notification 
        -------------------------------------------  -------------------------------------------- 
 2. Details of the issuer, emission allowance market participant, 
  auction platform, auctioneer or auction monitor 
 (a)     Name                                         Britvic plc 
        -------------------------------------------  -------------------------------------------- 
 (b)     LEI                                          635400L3NVMYD4BVCI53 
        -------------------------------------------  -------------------------------------------- 
 3. 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                           Ordinary shares of 20 pence each 
          financial instrument,                        ISIN: GB00B0N8QD54 
          type of instrument 
          Identification code 
        -------------------------------------------  -------------------------------------------- 
 (b)     Nature of the transaction                    Vesting and exercise of shares under 
                                                       the Britvic 2017 Performance Share Plan 
        -------------------------------------------  -------------------------------------------- 
 (c)     Price(s) and volume(s)                       Price(s)               Volume(s) 
                                                       GBP0                   16,461 
        -------------------------------------------  ---------------------  --------------------- 
 (d)          Aggregated information                   n/a 
                *    Aggregated volume                  GBP0.00 
 
 
                *    Price 
        -------------------------------------------  ---------------------  --------------------- 
 (e)     Date and time of the                         2020/05/26 
          transaction 
        -------------------------------------------  -------------------------------------------- 
 (f)     Place of the transaction                     London Stock Exchange, Main Market (XLON) 
        -------------------------------------------  -------------------------------------------- 
 
 
 
 
   1. Details of the person discharging managerial responsibilities/person 
   closely associated 
 (a)    Name                                     Steve Potts 
       ---------------------------------------  -------------------------------------------- 
 Reason for the notification 
 (a)    Position/status                          Chief Information, Transformation and 
                                                  Digital Officer, PDMR 
       ---------------------------------------  -------------------------------------------- 
 (b)    Initial notification/Amendment           Initial notification 
       ---------------------------------------  -------------------------------------------- 
 2. Details of the issuer, emission allowance market participant, 
  auction platform, auctioneer or auction monitor 
 (a)    Name                                     Britvic plc 
       ---------------------------------------  -------------------------------------------- 
 (b)    LEI                                      635400L3NVMYD4BVCI53 
       ---------------------------------------  -------------------------------------------- 
 3. 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                       Ordinary shares of 20 pence each 
         financial instrument,                    ISIN: GB00B0N8QD54 
         type of instrument 
         Identification code 
       ---------------------------------------  -------------------------------------------- 
 (b)    Nature of the transaction                Sale of Shares to cover tax liabilities 
                                                  and dealing costs 
       ---------------------------------------  -------------------------------------------- 
 (c)    Price(s) and volume(s)                   Price(s)                    Volume(s) 
                                                  GBP7.2833                   7,764 
       ---------------------------------------  --------------------------  ---------------- 
 (d)         Aggregated information               7,764 
               *    Aggregated volume              GBP56,547.54 
 
 
               *    Price 
       ---------------------------------------  --------------------------  ---------------- 
 (e)    Date and time of the                     2020/05/26 
         transaction 
       ---------------------------------------  -------------------------------------------- 
 (f)    Place of the transaction                 London Stock Exchange, Main Market (XLON) 
       ---------------------------------------  -------------------------------------------- 
 

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 [e-mail] or visit www.rns.com.

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May 27, 2020 07:48 ET (11:48 GMT)