LivaNova PLC Director/PDMR Shareholding

 
TIDMLIVN 
 
 

LivaNova PLC

8 November 2016

NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGUALTION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM.

 
1    Details of the person discharging managerial  responsibilities/person closely associated 
a)   Name                                                           Damien McDonald 
2    Reason for the notification 
a)   Position/status                                                Chief Operating Officer 
b)   Initial notification/ Amendment                                Initial Notification 
3    Details of the issuer, emission allowance market participant,  auction platform, auctioneer or auction monitor 
a)   Name                                                           LivaNova PLC 
b)   LEI                                                            81560010B12D0F732924 
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 finan­ cial instrument, type of instrument  Grant of Stock Appreciation Rights ("SARs") over Ordinary  Shares of GBP1.00 each in 
     Identification code                                            the capital of LivaNova PLC 
 
                                                                    ISIN for the LivaNova PLC Ordinary Shares: GB00BYMT0J19 
b)   Nature of the transaction                                      Grant of SARs, having a value equal to $2,000,000, under the  LivaNova PLC 2015 Incentive Award Plan. Subject to the terms and  conditions of the LivaNova PLC 2015 Incentive Award Plan and the  SAR Agreement, the SARs shall vest in equal installments of 25% on  each of the four anniversaries of the grant date, November 4,  2016. Payment of such amount shall be in cash, Ordinary Shares  (based on their fair market value as of the date the SAR is  exercised) or a combination of both, as determined by the LivaNova  PLC 2015 Incentive Award Plan Administrator. 
 
 
c)   Price(s) and volume(s)    Price(s) 
                               NIL COST 
 
                               Volume(s)174,227 
d)   Aggregated information    NOT APPLICABLE - SINGLE TRANSACTION 
     - Aggregated volume 
     - Price 
e)   Date of the transaction   4 November 2016 
f)   Place of the transaction  OUTSIDE OF TRADING VENUE 
 
 

(1) Commission Delegated Regulation (EU) 2016/522 of 17 December 2015 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council as regards an exemption for certain third countries public bodies and central banks, the indicators of market manipulation, the disclosure thresholds, the competent authority for notifications of delays, the permission for trading during closed periods and types of notifiable managers' transactions (see page 1 of this Official Journal).

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(END) Dow Jones Newswires

November 08, 2016 12:30 ET (17:30 GMT)