10th Jun 2025 18:00
C&C Group plc
("C&C" or "the Group")
Grant of awards under 2024 Long-Term Incentive Plan ("LTIP")
C&C, the vertically integrated premium branded drinks group and leading drinks distributor to the UK and Ireland hospitality sectors, announces the grant on 6 June 2025 of awards to PDMRs under the Company's Long-Term Incentive Plan 2024 (the "LTIP") as detailed below.
Awards over a total of 1,560,390 ordinary shares in the Company have been granted to PDMRs as set out below. These are in the form of options over shares with a nominal value exercise price of €0.01 per share (the "LTIP Awards").
The vesting of the LTIP Awards is subject to continued employment and the satisfaction of performance conditions assessed over the three financial years ending in February 2028, as set out in the Directors' Remuneration Report for the financial year ended 28 February 2025.
The LTIP Awards granted to Roger White (CEO) and Andrew Andrea (CF&TO) are subject to a two-year holding period after vesting, following the expiration of which they may be exercised. The LTIP Awards granted to other participants may be exercised from the point of vesting.
Participant (PDMR) |
Total Number of Shares Granted |
Roger White, CEO | 589,480 |
Andrew Andrea, CF&TO | 399,032 |
Andrea Pozzi, COO | 303,479 |
Barry Sheehan, CCO | 122,681 |
Cara Chambers, CMO | 74,727 |
Carole Kingsbury, CTO | 70,991 |
Awards have been calculated using a share price of £1.654 (being the average of the mid-market closing prices for each of the three working days before the Grant Date) converted into € (where applicable) using an exchange rate of £1: €1.1878.
Details of the Awards are provided in the below tables.
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name | Roger White | ||||
2 | Reason for the notification
| |||||
a) | Position/status | Person discharging managerial responsibilities (CEO) | ||||
b) | Initial Notification Amendment | Initial Notification
| ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | C&C Group plc | ||||
b) | LEI | 635400LNUHA2LDXXV850 | ||||
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 | Ordinary Shares of €0.01 each
ISIN: IE00B010DT83 | ||||
b) | Nature of the transaction | Grant of Award under C&C Group plc 2024 LTIP.
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction
| ||||
e) | Date of the transaction | 6 June 2025 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name | Andrew Andrea | ||||
2 | Reason for the notification
| |||||
a) | Position/status | Person discharging managerial responsibilities (CF&TO) | ||||
b) | Initial Notification Amendment | Initial Notification
| ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | C&C Group plc | ||||
b) | LEI | 635400LNUHA2LDXXV850 | ||||
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 | Ordinary Shares of €0.01 each
ISIN: IE00B010DT83 | ||||
b) | Nature of the transaction | Grant of Award under C&C Group plc 2024 LTIP.
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction
| ||||
e) | Date of the transaction | 6 June 2025 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name | Andrea Pozzi | ||||
2 | Reason for the notification
| |||||
a) | Position/status | Person discharging managerial responsibilities (COO) | ||||
b) | Initial Notification Amendment | Initial Notification
| ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | C&C Group plc | ||||
b) | LEI | 635400LNUHA2LDXXV850 | ||||
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 | Ordinary Shares of €0.01 each
ISIN: IE00B010DT83 | ||||
b) | Nature of the transaction | Grant of Award under C&C Group plc 2024 LTIP.
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction
| ||||
e) | Date of the transaction | 6 June 2025 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name | Barry Sheehan | ||||
2 | Reason for the notification
| |||||
a) | Position/status | Person discharging managerial responsibilities (CCO) | ||||
b) | Initial Notification Amendment | Initial Notification
| ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | C&C Group plc | ||||
b) | LEI | 635400LNUHA2LDXXV850 | ||||
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 | Ordinary Shares of €0.01 each
ISIN: IE00B010DT83 | ||||
b) | Nature of the transaction | Grant of Award under C&C Group plc 2024 LTIP.
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction
| ||||
e) | Date of the transaction | 6 June 2025 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name | Cara Chambers | ||||
2 | Reason for the notification
| |||||
a) | Position/status | Person discharging managerial responsibilities (CMO) | ||||
b) | Initial Notification Amendment | Initial Notification
| ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | C&C Group plc | ||||
b) | LEI | 635400LNUHA2LDXXV850 | ||||
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 | Ordinary Shares of €0.01 each
ISIN: IE00B010DT83 | ||||
b) | Nature of the transaction | Grant of Award under C&C Group plc 2024 LTIP.
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction
| ||||
e) | Date of the transaction | 6 June 2025 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name | Carole Kingsbury | ||||
2 | Reason for the notification
| |||||
a) | Position/status | Person discharging managerial responsibilities (CTO) | ||||
b) | Initial Notification Amendment | Initial Notification
| ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | C&C Group plc | ||||
b) | LEI | 635400LNUHA2LDXXV850 | ||||
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 | Ordinary Shares of €0.01 each
ISIN: IE00B010DT83 | ||||
b) | Nature of the transaction | Grant of Award under C&C Group plc 2024 LTIP.
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction
| ||||
e) | Date of the transaction | 6 June 2025 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
ENQUIRIES
C&C Group plc
Email: [email protected]
Investors/Analysts & UK Media:
Instinctif Partners
Justine Warren / Tim Pearson / Amelia Thorn
Tel: +44 (0)20 7457 2020
Email: [email protected]
Irish & Trade Media:
FTI Consulting
Jonathan Neilan / Paddy Berkery / Niamh O'Brien
Tel: +353 86 231 4135 / +353 86 602 5988 / +353 87 707 8379
Email: C&[email protected]
About C&C Group plc
C&C Group plc is a leading, vertically integrated premium drinks company which manufactures, markets and distributes branded beer, cider, wine, spirits, and soft drinks across the UK and Ireland.
· C&C Group's portfolio of owned/exclusive brands include Bulmers, the leading Irish cider brand and Tennent's, the leading Scottish beer brand; as well as a range of fast-growing, premium and craft ciders and beers, such as Heverlee, Menabrea, Five Lamps and Orchard Pig. C&C exports its Magners and Tennent's brands to over 40 countries worldwide.
· C&C Group has owned brand and contract manufacturing/packing operations in Co.Tipperary, Ireland and Glasgow, Scotland.
· C&C is the No.1 drinks distributor to the UK and Ireland hospitality sectors. Operating through the Matthew Clark, Bibendum, Tennent's and Bulmers Ireland brands, the Group has a market leading range, scale and reach including an intimate understanding of the markets it serves. Together this provides a key route-to-market for major international beverage companies.
C&C Group plc is an Irish incorporated FTSE 250 company headquartered in Dublin and is listed on the London Stock Exchange.
Related Shares:
C&C Group