3rd Apr 2018 14:13
3 April 2018
A.G. BARR p.l.c.
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
LTIP Award - 3 April 2018
On 3 April 2018 A.G. BARR p.l.c. ("A.G. BARR" or the "Company") granted awards in the form of nil-cost options over ordinary shares in the Company under the A.G. BARR p.l.c. Long Term Incentive Plan (the "LTIP") to R A White, S Lorimer, J D Kemp and A L Memmott, as noted below.
R A White, J D Kemp and A L Memmott were also granted an award in the form of a tax qualifying option under the A.G. BARR p.l.c. Executive Share Option Scheme (the "ESOS").
Name | Role | Number of ordinary shares under option | Exercise price |
R A White | CEO | 91,305 (LTIP option) 1,890* (ESOS option) | Nil £6.35 per share |
S Lorimer | Finance Director | 53,946 (LTIP option) | Nil |
J D Kemp | Commercial Director | 47,877 (LTIP option) 1,890* (ESOS option) | Nil £6.35 per share |
A L Memmott | Supply Chain Director | 42,643 (LTIP option) 1,890* (ESOS option) | Nil £6.35 per share |
*If the option under the ESOS is exercised at a gain, the LTIP awards will be reduced by the same value to ensure that the aggregate pre-tax value delivered to the participant remains the same as would have been the case had only the LTIP award been granted.
Julie A. Barr
Company Secretary
A.G. BARR p.l.c.
Related Shares:
Barr (A.G.)