TIDMBVIC

RNS Number : 0650C

Britvic plc

05 February 2020

Britvic plc

LEI: 635400L3NVMYD4BVCI53

5 February 2020

Director/PDMR Shareholding

Britvic plc (the "Company") was notified on 4 February 2020 that Simon Litherland, a Person Discharging Managerial Responsibility ("PDMR"), exercised and sold Shares(1) granted under the Company's Executive Share Option Plan (Approved) ("ESOP Approved"), under the Company's Executive Share Option Plan (Unapproved) ("ESOP Unapproved") and under the Performance Share Plan (Nil cost) ("PSP") as follows:

 
 Date of Grant    Plan               Option   Sale price   Number of           Number 
                                      Price    (GBP)        Shares exercised    of Shares 
                                      (GBP)                                     sold 
 6 December 
  2011            ESOP Approved      3.32     9.41         6,242               6,242 
                 -----------------  -------  -----------  ------------------  ----------- 
 6 December 
  2011            ESOP Unapproved    3.32     9.41         114,449             114,449 
                 -----------------  -------  -----------  ------------------  ----------- 
 6 March 2013     ESOP Unapproved    4.28     9.41         357,881             357,881 
                 -----------------  -------  -----------  ------------------  ----------- 
 6 December 
  2013            ESOP Unapproved    6.65     9.41         230,248             230,248 
                 -----------------  -------  -----------  ------------------  ----------- 
 6 December 
  2011            PSP                0        9.41         43,969              43,969 
                 -----------------  -------  -----------  ------------------  ----------- 
 

Following the above transactions, Simon's interest 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) remains unchanged at 311,633 Shares which represents 0.12% of the Company's issued share capital. This holding fulfils more than twice the requirement that applies to the CEO under the Company's approved Remuneration Policy.

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 share awards were made in respect of the Company's ordinary shares of 20 pence per share ("Shares").

 
 1. Details of the person discharging managerial responsibilities/person 
  closely associated 
 (a)    Name                                      Simon Litherland 
       ----------------------------------------  ---------------------------------------------- 
 Reason for the notification 
 (a)    Position/status                           Chief Executive Officer, Executive Director 
       ----------------------------------------  ---------------------------------------------- 
 (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                 Exercise of shares under the Britvic 
                                                   plc 2011 Executive Share Option Plan 
                                                   Approved 
       ----------------------------------------  ---------------------------------------------- 
 (c)    Price(s) and volume(s)                    Price(s)                     Volume(s) 
                                                   332 pence                    6,242 
       ----------------------------------------  ---------------------------  ----------------- 
 (d)               Aggregated information          6,242 
                     *    Aggregated volume         GBP20,697.85 
 
 
                     *    Price 
       ----------------------------------------  ---------------------------  ----------------- 
 (e)    Date and time of the                      2020/02/04 
         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                                      Simon Litherland 
       ----------------------------------------  ---------------------------------------------- 
 Reason for the notification 
 (a)    Position/status                           Chief Executive Officer, Executive Director 
       ----------------------------------------  ---------------------------------------------- 
 (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                 Exercise of shares under the Britvic 
                                                   plc 2011 Executive Share Option Plan 
                                                   Unapproved 
       ----------------------------------------  ---------------------------------------------- 
 (c)    Price(s) and volume(s)                    Price(s)                      Volume(s) 
                                                   332 pence                     114,449 
       ----------------------------------------  ----------------------------  ---------------- 
 (d)               Aggregated information          114,449 
                     *    Aggregated volume         GBP379,501.44 
 
 
                     *    Price 
       ----------------------------------------  ----------------------------  ---------------- 
 (e)    Date and time of the                      2020/02/04 
         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                                    Simon Litherland 
       --------------------------------------  ---------------------------------------------- 
 Reason for the notification 
 (a)    Position/status                         Chief Executive Officer, Executive Director 
       --------------------------------------  ---------------------------------------------- 
 (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               Exercise of shares under the Britvic 
                                                 plc 2013 Executive Share Option Plan 
                                                 Unapproved 
       --------------------------------------  ---------------------------------------------- 
 (c)    Price(s) and volume(s)                  Price(s)                       Volume(s) 
                                                 428 pence                      357,881 
       --------------------------------------  -----------------------------  --------------- 
 (d)               Aggregated information        357,881 
                     *    Aggregated volume       GBP1,530,012.85 
 
 
                     *    Price 
       --------------------------------------  -----------------------------  --------------- 
 (e)    Date and time of the                    2020/02/04 
         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                                    Simon Litherland 
       --------------------------------------  ---------------------------------------------- 
 Reason for the notification 
 (a)    Position/status                         Chief Executive Officer, Executive Director 
       --------------------------------------  ---------------------------------------------- 
 (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               Exercise of shares under the Britvic 
                                                 plc 2013 Executive Share Option Plan 
                                                 Unapproved 
       --------------------------------------  ---------------------------------------------- 
 (c)    Price(s) and volume(s)                  Price(s)                       Volume(s) 
                                                 665 pence                      230,248 
       --------------------------------------  -----------------------------  --------------- 
 (d)               Aggregated information        230,248 
                     *    Aggregated volume       GBP1,529,997.96 
 
 
                     *    Price 
       --------------------------------------  -----------------------------  --------------- 
 (e)    Date and time of the                    2020/02/04 
         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                                          Simon Litherland 
       --------------------------------------------  ---------------------------------------------- 
 Reason for the notification 
 (a)    Position/status                               Chief Executive Officer, Executive Director 
       --------------------------------------------  ---------------------------------------------- 
 (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                     Exercise of shares under the Britvic 
                                                       plc 2011 Performance Share Plan 
       --------------------------------------------  ---------------------------------------------- 
 (c)    Price(s) and volume(s)                        Price(s)                Volume(s) 
                                                       0 pence                 43,969 
       --------------------------------------------  ----------------------  ---------------------- 
 (d)               Aggregated information              43,969 
                     *    Aggregated volume             GBP0 
 
 
                     *    Price 
       --------------------------------------------  ----------------------  ---------------------- 
 (e)    Date and time of the                          2020/02/04 
         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                                      Simon Litherland 
       ----------------------------------------  ---------------------------------------------- 
 Reason for the notification 
 (a)    Position/status                           Chief Executive Officer, Executive Director 
       ----------------------------------------  ---------------------------------------------- 
 (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 exercised Executive Share Option 
                                                   Plan Approved shares 
       ----------------------------------------  ---------------------------------------------- 
 (c)    Price(s) and volume(s)                    Price(s)                     Volume(s) 
                                                   941 pence                    6,242 
       ----------------------------------------  ---------------------------  ----------------- 
 (d)               Aggregated information          6,242 
                     *    Aggregated volume         GBP58,737.58 
 
 
                     *    Price 
       ----------------------------------------  ---------------------------  ----------------- 
 (e)    Date and time of the                      2020/02/04 
         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                                    Simon Litherland 
       --------------------------------------  ---------------------------------------------- 
 Reason for the notification 
 (a)    Position/status                         Chief Executive Officer, Executive Director 
       --------------------------------------  ---------------------------------------------- 
 (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 exercised Executive Share Option 
                                                 Plan Unapproved shares 
       --------------------------------------  ---------------------------------------------- 
 (c)    Price(s) and volume(s)                  Price(s)                       Volume(s) 
                                                 941 pence                      702,578 
       --------------------------------------  -----------------------------  --------------- 
 (d)               Aggregated information        702,578 
                     *    Aggregated volume       GBP6,611,299.04 
 
 
                     *    Price 
       --------------------------------------  -----------------------------  --------------- 
 (e)    Date and time of the                    2020/02/04 
         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                                      Simon Litherland 
       ----------------------------------------  ---------------------------------------------- 
 Reason for the notification 
 (a)    Position/status                           Chief Executive Officer, Executive Director 
       ----------------------------------------  ---------------------------------------------- 
 (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 exercised Performance Share 
                                                   Plan shares 
       ----------------------------------------  ---------------------------------------------- 
 (c)    Price(s) and volume(s)                    Price(s)                      Volume(s) 
                                                   941 pence                     43,969 
       ----------------------------------------  ----------------------------  ---------------- 
 (d)               Aggregated information          43,969 
                     *    Aggregated volume         GBP413,750.78 
 
 
                     *    Price 
       ----------------------------------------  ----------------------------  ---------------- 
 (e)    Date and time of the                      2020/02/04 
         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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February 05, 2020 06:16 ET (11:16 GMT)

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