18th May 2018 16:30
Director/PDMR Shareholding
FOR IMMEDIATE RELEASE
18 May 2018
Vivo Energy plc
Notification of Transactions by Directors/Persons Discharging Managerial Responsibility
On 18 May 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 IPO Plan, and will vest, subject to performance conditions relating to consolidated gross cash profit growth and adjusted net income growth being met, in three equal tranches on the first, second, and third anniversary of the admission of the Shares to the premium listing segment of the Official List and to trading on the London Stock Exchange's main market for listed securities.
Details of the number of Shares underlying each PDMR's Award, as previously disclosed in the Company's final prospectus dated 4 May 2018, are detailed below.
Name | Position | Number of Shares |
Christian Chammas | Chief Executive Officer | 1,197,860 |
Johan Depraetere | Chief Financial Officer | 842,245 |
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 IPO Plan |
c) | Price(s) and volume(s) |
1,197,860 shares
£0 |
d) | Aggregated information
- Aggregated volume
- Price |
1,197,860 shares
£0 |
e) | Date of the transaction | 18 May 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 IPO Plan |
c) | Price(s) and volume(s) |
842,245 shares
£0 |
d) | Aggregated information
- Aggregated volume
- Price |
842,245 shares
£0 |
e) | Date of the transaction | 18 May 2018 |
f) | Place of the transaction | Outside a trading venue |
Related Shares:
VVO.L