Fevertree Drinks PLC Grant of Options (4526Z)

TIDMFEVR

RNS Number : 4526Z

Fevertree Drinks PLC

21 May 2021

May 21, 2021

Fever-Tree Drinks plc

Grant of Options

Fevertree Drinks plc (the "Company") announces the grant of options over a total of 124,968 ordinary shares of 0.25 pence each ("Ordinary Shares") in the Company with an exercise price of 0.25 pence.

On 20 May 2021, the following options were issued to the Company's Executive Directors, pursuant to the Company's Long Term Incentive Plan ("LTIP"):

 
 Name                Title             Number      Performance    Vesting    Exercise 
                                        of share    period         Date       price 
                                        options 
                                        granted 
 Tim Warrillow       Chief Executive   76,065      1 January      28 April   0.25p per 
                      Officer                       2021 to        2024       share 
                                                    31 December 
                                                    2023 
                    ----------------  ----------  -------------  ---------  ---------- 
 Andy Branchflower   Chief Financial   48,903      1 January      28 April   0.25p per 
                      Officer                       2021 to        2024       share 
                                                    31 December 
                                                    2023 
                    ----------------  ----------  -------------  ---------  ---------- 
 

The number of Ordinary Shares stated is the maximum number that could be issued to each Executive Director upon full satisfaction of the performance conditions attached to the 2021 awards.

For more information please contact:

Investor queries

   Ann Hyams, Director of Investor Relations I   [e-mail]   I [phone] 

Media queries

Oliver Winters, Director of Communications I [e-mail] I [phone]

Nominated Advisor and Joint Broker - Numis Securities

Garry Levin I Matt Lewis I Hugo Rubinstein I [phone]

Joint Broker - Investec Bank plc

David Flin I Alex Wright I [phone]

Financial PR advisers - Finsbury

Faeth Birch [phone]; Anjali Unnikrishnan +44 (0) 7826 534 233; Amanda Healy [phone]

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations

 
1   Details of the persons discharging managerial responsibilities 
     / person closely associated 
a)  Name                                      1. Tim Warrillow 
                                               2. Andy Branchflower 
2   Reason for the notification 
a)  Position/status                           1. Chief Executive Officer 
                                               2. Chief Financial 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 instrument,  Ordinary shares of 0.25 pence 
     type of instrument                        each 
    Identification code                       GB00BRJ9BJ26 
b)  Nature of the transaction                 Grant of options 
c)  Price(s) and volume(s)                    Exercise Prices  Volumes 
                                                per share 
                                               1. 0.25p         1. 76,065 
                                                2. 0.25p         2. 48,903 
d)  Aggregated information                    N/A 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                   20 May 2021 
f)  Place of the transaction                  Outside a trading venue 
 

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May 21, 2021 06:21 ET (10:21 GMT)