Indivior PLC Director/PDMR Shareholding (6043H)

TIDMINDV

RNS Number : 6043H

Indivior PLC

13 March 2018

INDIVIOR PLC (THE 'COMPANY')

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

The relevant notification set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

The Company announces that it was notified on March 13, 2018 of the following changes to the interests of a director and person discharging managerial responsibilities ('PDMR') in the Ordinary Shares of $0.10 each in the Company ('Shares').

In accordance with the Rules of the Indivior Long-Term Incentive Plan ('LTIP'), on March 12, 2018 the Director and PDMR named below received Shares following the vesting of a Conditional Award granted on March 11, 2015 pursuant to the LTIP. The award vested at 73.5% of maximum.

 
 Name of          Number       Type of Award   Number           Number 
  Director         of Shares                    of Shares        of Shares 
  / PDMR           Received                     sold (to         retained 
                                                cover tax 
                                                liabilities 
                                                and expenses) 
---------------  -----------  --------------  ---------------  ----------- 
                               Conditional 
 Shaun Thaxter     1,219,432    Award          551,896          667,536 
---------------  -----------  --------------  ---------------  ----------- 
 

A minimum number of Shares were sold to cover tax liabilities and expenses arising on the vesting of the award. The Shares were sold on March 12, 2018 at an average price of GBP4.03642 per Share.

Following this transaction, Shaun Thaxter has a beneficial interest in 1,509,334 Shares.

Kathryn Hudson

Company Secretary

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------ 
 a)   Name                      Shaun Thaxter 
---  ------------------------  ---------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status           Director / PDMR - Chief Executive 
                                 Officer 
---  ------------------------  ---------------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  ---------------------------------- 
 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            Ordinary Shares of US$0.10 
       the financial             GB00BRS65X63 
       instrument, type 
       of instrument 
       Identification 
       code 
---  ------------------------  ---------------------------------- 
 b)   Nature of the             Vesting of Conditional Award 
       transaction               over Ordinary Shares of US$0.10 
---  ------------------------  ---------------------------------- 
 c)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                  ----------  ---------- 
                                   nil         1,219,432 
                                  ----------  ---------- 
---  ------------------------  ---------------------------------- 
 d)   Aggregated information 
       - Volume 
                                  n/a 
       - Price 
 
       - Total 
---  ------------------------  ---------------------------------- 
 e)   Date of the transaction   March 12, 2018 
---  ------------------------  ---------------------------------- 
 f)   Place of the              n/a 
       transaction 
---  ------------------------  ---------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------ 
 a)   Name                      Shaun Thaxter 
---  ------------------------  ---------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status           Director / PDMR - Chief Executive 
                                 Officer 
---  ------------------------  ---------------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  ---------------------------------- 
 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            Ordinary Shares of US$0.10 
       the financial 
       instrument, type 
       of instrument 
                                 GB00BRS65X63 
       Identification 
       code 
---  ------------------------  ---------------------------------- 
 b)   Nature of the             Sale of shares 
       transaction 
---  ------------------------  ---------------------------------- 
 c)   Price(s) and                Price(s)      Volume(s) 
       volume(s)                  ------------  ---------- 
                                   GBP4.03642    551,896 
                                  ------------  ---------- 
---  ------------------------  ---------------------------------- 
 d)   Aggregated information 
       - Volume 
                                  551,896 
       - Price 
                                  GBP4.03642 
       - Total                    GBP2,227,684.05 
---  ------------------------  ---------------------------------- 
 e)   Date of the transaction   March 12, 2018 
---  ------------------------  ---------------------------------- 
 f)   Place of the              London Stock Exchange 
       transaction 
---  ------------------------  ---------------------------------- 
 

Indivior PLC's Legal Entity Identifier code is 213800V3NCQTY7IED471.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 13, 2018 11:14 ET (15:14 GMT)