9th Dec 2020 15:18
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
1 | Details of the person discharging managerial responsibilities/person closely associated
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a) | Name |
James Bergin
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2 | Reason for the notification
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a) | Position/status |
CEO, Glanbia Ireland and Person Discharging Managerial Responsibility
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b) | Initial Notification Amendment |
Initial Notification
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||||||||
a) | Name |
Glanbia plc
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b) | LEI |
635400SRMCBHVMSKJS84
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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 €0.06 each
ISIN: IE0000669501 | |||||||||||||||
b) | Nature of the transaction | (1) Vesting of awards granted on 17 August 2017 to James Bergin pursuant to the Glanbia Ireland DAC Long Term Incentive Plan - 8,137 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and certain restrictions on disposal), being 52.3% of the original award; the balance of the award lapsed.
(2) Sale of 4,240 ordinary shares of €0.06 each by James Bergin to settle a withholding tax liability arising on the vesting of awards under the Long Term Incentive Plan referred to in (1) which is payable immediately.
(3) Mandatory deferral of a proportion of James Bergin's 2019 Annual Incentive into 8,413 ordinary shares of €0.06 each in Glanbia plc (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal)
(4) Sale of 4,375 ordinary shares of €0.06 each by James Bergin to settle a withholding tax liability arising on the mandatory deferral of the proportion of his 2019 Annual Incentive into shares in Glanbia plc referred to in (3) which is payable immediately.
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction |
(1) 2020-12-09 - 08:00 A.M. UTC and (2) 2020-12-09 - 08:00 A.M. UTC
(3) 2020-12-09 - 10:47 A.M. UTC and (4) 2020-12-09 - 11:06 A.M. UTC
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f) | Place of the transaction |
1 and 2 - Jersey 3 and 4 - - Dublin
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g) | Additional Information |
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Related Shares:
Glanbia