7th Jul 2008 15:50
Britvic plc
7 July 2008
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY (PDMR) OR CONNECTED PERSONS
Britvic plc ("the Company") was notified on 7 July 2008, that the following transactions took place in relation to the Britvic Share Incentive Plan ("SIP") on 4 July 2008. 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 20p each, using deductions from salary in each 4-week pay period, and receive allocations of matching free ordinary shares ("matching shares").
1. The SIP trust acquired 37,157 ordinary shares by purchase in the market on 4 July 2008 at a total cost of £99, 450.12 and allocated them to employees participating in the SIP as matching shares.
The following directors and persons discharging managerial responsibilities purchased the number of ordinary shares of 20p set out against their names below, at a price of £2.64 per ordinary share, and were allocated for no consideration the number of matching shares set out against their names below:
|
Name |
Role |
Number of ordinary shares purchased |
Number of matching shares |
|
Paul Moody |
Executive Director |
43 |
28 |
|
John Gibney |
Executive Director |
43 |
28 |
|
Alan Beaney |
PDMR |
44 |
28 |
|
Doug Frost |
PDMR |
44 |
28 |
|
Andrew Richards |
PDMR |
44 |
28 |
|
Martin Rose |
PDMR |
44 |
28 |
|
Simon Stewart |
PDMR |
44 |
28 |
2. Dividend Reinvestment Plan
Pursuant to the Dividend Reinvestment Plan ("DRIP") offered to shareholders of the Company whose names appeared on the register of members as at 30 May 2008, the following person discharging managerial responsibility acquired shares on 4 July 2008 at a price of £2.66.
|
Name |
Role |
Number of ordinary shares purchased Under the("DRIP") |
Total Holding following this notification |
|
Doug Frost |
PDMR |
1240 |
94,110* |
* Holding includes total shares acquired to date for PDMR's own account and those acquired on behalf of the PDMR by the Trustee of the Company's all-employee Share Incentive Plan ("SIP").
This notification is made pursuant to Disclosure and Transparency Rule 3.1.4.
John Price
Company Secretary
Britvic plc
Related Shares:
Britvic