Britvic plc (the “Company") was notified on 19 June 2024 that the following transactions have taken place in relation to the Britvic Share Incentive Plan (“SIP”). The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company of 20 pence each (“Shares”), using deductions from salary in each monthly pay period, and receive allocations of matching free Shares (“Matching Shares”).
The following Directors purchased the number of Shares set out against their names below, at a price of 963.50 pence per Share, and were allocated for no consideration the number of Matching Shares (purchased by the SIP trustees at a price of 963.50 pence per Matching Share) set out against their names below:
Name
Role
Number of Shares purchased
Number of Matching Shares
Simon Litherland
Executive Director
16
5
Rebecca Napier
Executive Director
16
5
As a result of the above transactions, the interests of the above Directors and their connected persons 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) are as follows:
Name
Number of Shares
Name of Connected Person
Number of Shares
Total Shares
Percentage of Issued Share Capital
Simon Litherland
449,887
-
-
449,887
0.18%
Rebecca Napier
260
260
0.00%
The attached notification, made in accordance with the Market Abuse Regulation, provides further information.
Mollie Stoker
Company Secretary
Britvic plc LEI: 635400L3NVMYD4BVCI53
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them
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
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
Acquisition of shares under the Britvic Share Incentive Plan
(c)
Price(s) and volume(s)
Price(s)
963.50 pence
0 pence
Volume(s)
16 (Partnership shares)
5 (Matching shares)
(d)
Aggregated information
Aggregated volume
Price
21 shares
£154.16
(e)
Date and time of the transaction
2024/06/18
(f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Rebecca Napier
Reason for the notification
(a)
Position/status
Chief Financial Officer, Executive 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
Acquisition of shares under the Britvic Share Incentive Plan
(c)
Price(s) and volume(s)
Price(s)
963.50 pence
0 pence
Volume(s)
16 (Partnership shares)
5 (Matching shares)
(d)
Aggregated information
Aggregated volume
Price
21 shares
£154.16
(e)
Date and time of the transaction
2024/06/18
(f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Britvic plc is a United Kingdom-based soft drinks company. The Company operates in the soft drinks manufacturing and distribution industry. Its range of drinks include Barley water, family favorites, fruit creations, others. It operates through five segments: GB, Brazil, Ireland, France and International. The GB segment include its operations in the United Kingdom excluding Northern Ireland. In Great Britain, its brands include Robinsons, J2O, Fruit Shoot, R Whites and Purdeys. The Ireland segment includes its operations in Republic of Ireland and Northern Ireland. In Ireland, its portfolio includes brands, such as Ballygowan, MiWadi, Club, TK and Cidona. In France, the Company operates private label syrups business, and its brands include Teisseire, Pressade and Moulin de Valdonne brands. In Brazil, it supplies liquid concentrates. Its brands in Brazil include Maguary, Bela Ischia and Dafruta. The International segment includes branded flavored concentrates.