Director/PDMR Shareholding

13.12.23 14:14 Uhr

Britvic plc (BVIC )
Director/PDMR Shareholding

13-Dec-2023 / 13:14 GMT/BST

Britvic plc

LEI: 635400L3NVMYD4BVCI53

12 December 2023

Director/PDMR Shareholding

Britvic plc (the "Company") was notified on 12 December 2023, that the Executive Directors were granted conditional awards to acquire, for no consideration, Shares under the 2015 Britvic Performance Share Plan (“PSP”).

At the January 2022 AGM the Directors Remuneration policy was agreed introducing bonus deferral for the CEO and CFO (one third of any bonus earned will be delivered in shares which will be deferred for two years).

Details of the number of Shares awarded to Executive Directors are detailed below:

Name	Position	Number of Shares awarded	Plan
Simon Litherland	Executive Director	206,707	PSP
Simon Litherland	Executive Director	42,882	Deferred bonus
Rebecca Napier	Executive Director	98,858	PSP

The share awards made under the PSP are a conditional right to receive up to the number of Shares stated and will vest to the extent that certain performance criteria are satisfied by the Company over a three-year period from 1 October 2023 to the end of the Company’s financial year in 2026.

The performance condition attaching to the PSP award has two elements. Half of the shares under award shall be measured on relative Total Shareholder Return (“TSR”) against the FTSE 250 (excluding investment trusts) and 20% of that part of the award shall vest at median performance, rising on a straight line to 100% of the award vesting at upper quartile performance. The other half of the shares under award shall be measured on adjusted EPS with threshold vesting at 63.1p, at which 20% of that element of the award shall vest, increasing on a straight-line basis to 72.1p at which 100% of that element of the award shall vest.

Notes

The Company’s ordinary shares of 20 pence per share (“Shares”)

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

Mollie Stoker

Company Secretary

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

SIMON LITHERLAND

Reason for the notification

(a)

Position/status

CHIEF EXECUTIVE OFFICER, DIRECTOR

(b)

Initial notification/Amendment

INITIAL NOTIFICATION

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Name

BRITVIC PLC

(b)

LEI

635400L3NVMYD4BVCI53

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, type of instrument

Identification code

ORDINARY SHARES OF 20 PENCE EACH

ISIN: GB00B0N8QD54

(b)

Nature of the transaction

GRANT OF AWARDS MADE UNDER THE 2015 BRITVIC PERFORMANCE SHARE PLAN (PSP)

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

249,588

(d)

Aggregated information

Aggregated volume
Price

249,588

£0

(e)

Date and time of the transaction

12 December 2023

(f)

Place of the transaction

Outside a trading venue

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

REBECCA NAPIER

Reason for the notification

(a)

Position/status

CHIEF FINANCIAL OFFICER, DIRECTOR

(b)

Initial notification/Amendment

INITIAL NOTIFICATION

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Name

BRITVIC PLC

(b)

LEI

635400L3NVMYD4BVCI53

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, type of instrument

Identification code

ORDINARY SHARES OF 20 PENCE EACH

ISIN: GB00B0N8QD54

(b)

Nature of the transaction

GRANT OF AWARDS MADE UNDER THE 2015 BRITVIC PERFORMANCE SHARE PLAN (PSP)

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

98,858

(d)

Aggregated information

Aggregated volume
Price

98,858

£0

(e)

Date and time of the transaction

12 December 2023

(f)

Place of the transaction

Outside a trading venue

Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


ISIN:	GB00B0N8QD54
Category Code:	DSH
TIDM:	BVIC
LEI Code:	635400L3NVMYD4BVCI53
OAM Categories:	3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.:	291814
EQS News ID:	1796299


End of Announcement	EQS News Service

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