TIDMBVIC

RNS Number : 7104V

Britvic plc

04 December 2019

Britvic plc

LEI: 635400L3NVMYD4BVCI53

4(th) December 2019

Director/PDMR Shareholding

Britvic plc (the "Company") announces partial vesting on 2(nd) December 2019 of awards over the Company's ordinary shares of 20 pence per share ("Shares") made on 2(nd) December 2016 under the Company's Performance Share Plan ("PSP") and Executive Share Option Plan ("ESOP") to Executive Directors and Persons Discharging Managerial Responsibility ("PDMRs").

The performance criteria attached to the PSP award was EPS and TSR. Taking into account the performance against the criteria, 82.0% of the PSP vested on 2(nd) December 2019. Details of the number of Shares under the PSP that vested in respect of Executive Directors and 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                   21,314             10,053 
                     ---------------------  -----------------  -----------------

This notification is made in accordance with DTR 3.1.4R(1)(a) of the FCA's Disclosure Guidance and Transparency Rules.

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

Jonathan Adelman

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 2(nd) December 2019 at price of 967.857 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                   Sale of Shares to cover tax liabilities 
                                                     and dealing costs 
       ------------------------------------------  -------------------------------------------- 
 (c)    Price(s) and volume(s)                      Price(s)                  Volume(s) 
                                                     GBP9.67857                10,053 
       ------------------------------------------  ------------------------  ------------------ 
 (d)               Aggregated information           n/a 
                     *    Aggregated volume 
 
 
                     *    Price 
       ------------------------------------------  ------------------------  ------------------ 
 (e)    Date and time of the                        2(nd) December 2019 
         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                        Vesting of shares under the Britvic 
                                                           2016 Performance Share Plan 
        -----------------------------------------------  -------------------------------------------- 
 (c)     Price(s) and volume(s)                           Price(s)              Volume(s) 
                                                           GBP0                  21,314 
        -----------------------------------------------  --------------------  ---------------------- 
 (d)                Aggregated information                n/a 
                      *    Aggregated volume 
 
 
                      *    Price 
        -----------------------------------------------  --------------------  ---------------------- 
 (e)     Date and time of the                             2(nd) December 2019 
          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 rns@lseg.com or visit www.rns.com.

END

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