9th Aug 2018 15:14
Director/PDMR Shareholding
FOR IMMEDIATE RELEASE
9 August 2018
Vivo Energy plc
Notification of Transactions by Directors/Persons Discharging Managerial Responsibility
On 8 August 2018, Vivo Energy plc (the Company) granted to certain directors and persons discharging managerial responsibility (the PDMRs) nil-cost options (the Awards) over ordinary shares of the Company (the Shares). The Awards were granted under the 2018 Long Term Incentive Plan, and will vest subject to performance conditions relating to EPS, ROACE and TSR growth measured over three financial years between 1 January 2018 to 31 December 2020. Following determination of the extent of satisfaction of performance conditions, the Awards are subject to a holding period of 2 years, during which period the Awards may not normally be exercised.
Details of the number of Shares underlying each PDMR's Award, are detailed below.
Name | Position | Number of Shares |
Christian Chammas | Chief Executive Officer | 1,081,081 |
Johan Depraetere | Chief Financial Officer | 608,108 |
This notification is made in accordance with the requirements of the Market Abuse Regulation.
Paul WatersHead of Corporate Secretariat[email protected]
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Christian Chammas |
2 | Reason for the notification | |
a) | Position/status | Chief Executive Officer |
b) | Initial/Amendment notification | Initial |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Vivo Energy plc |
b) | LEI | 213800TR7V9QN896AU56 |
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 financial instrument, type of instrument
Identification code | Nil-cost options over ordinary shares of Vivo Energy plc
ISIN: GB00BDGT2M75 |
b) | Nature of the transaction | Grant of nil-cost options under the 2018 Long Term Incentive Plan |
c) | Price(s) and volume(s) | 1,081,081 shares
£0 |
d) | Aggregated information
- Aggregated volume
- Price |
1,081,081 shares
£0 |
e) | Date of the transaction | 8 August 2018 |
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Johan Depraetere |
2 | Reason for the notification | |
a) | Position/status | Chief Financial Officer |
b) | Initial/Amendment notification | Initial |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Vivo Energy plc |
b) | LEI | 213800TR7V9QN896AU56 |
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 financial instrument, type of instrument
Identification code | Nil-cost options over ordinary shares of Vivo Energy plc
ISIN: GB00BDGT2M75 |
b) | Nature of the transaction | Grant of nil-cost options under the 2018 Long Term Incentive Plan |
c) | Price(s) and volume(s) | 608,108 shares
£0 |
d) | Aggregated information
- Aggregated volume
- Price |
608,108 shares
£0 |
e) | Date of the transaction | 8 August 2018 |
f) | Place of the transaction | Outside a trading venue |
Related Shares:
VVO.L