Notification of Transactions by Directors
Vivo Energy plc
(Incorporated in England and Wales)
(Registration number: 11250655)
(Share code: VVO)
LEI: 213800TR7V9QN896AU56
ISIN: GB00BDGT2M75
12 March 2020
Vivo Energy plc (the "Company")
(LSE: VVO / JSE: VVO)
Notification of Transactions by Directors
On 11 March 2020, Vivo Energy plc granted to certain Directors nil-cost options (the Awards) over
ordinary shares of the Company (the Shares). The Awards were granted under the 2018 Long Term
Incentive Plan as set out below:
Number of
Name Position
Shares
Christian Chammas Chief Executive Officer 1,454,548
Johan Depraetere Chief Financial Officer 818,183
The Awards will vest subject the continued employment of the Directors and the satisfaction of
performance conditions relating to EPS, ROACE and TSR growth measured over three financial years
between 1 January 2020 to 31 December 2022.
Following determination of the extent of satisfaction of performance conditions, the Awards are subject
to a holding period of 2 years, during which period the Awards may not normally be exercised.
The information set out below is provided in accordance with the requirements of Article 19(3) of the
Market Abuse Regulation and provides further details of the Award:
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Christian Chammas
2 Reason for the notification
a) Position/status Director and PDMR
b) Initial/Amendment notification Initial Notification
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 Nil-cost options over ordinary shares of Vivo Energy plc
instrument, type of instrument
Identification code ISIN: GB00BDGT2M75
b) Nature of the transaction Grant of nil-cost options under the 2018 Long Term
Incentive Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£Nil 1,454,548 shares
d) Aggregated information Aggregated Volume Price
- Aggregated volume
1,454,548 shares £Nil
- Price
e) Date of the transaction 11 March 2020
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 Director and PDMR
b) Initial/Amendment notification Initial Notification
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 Nil-cost options over ordinary shares of Vivo Energy plc
instrument, type of instrument
ISIN: GB00BDGT2M75
Identification code
b) Nature of the transaction Grant of nil-cost options under the 2018 Long Term
Incentive Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£Nil 818,183 shares
d) Aggregated information Aggregated Volume Price
- Aggregated volume
818,183 shares £Nil
- Price
e) Date of the transaction 11 March 2020
f) Place of the transaction Outside a trading venue
For further information, please contact:
Claire Dhokia
Group Company Secretary
+44 2030 343 718
claire.dhokia@vivoenergy.com
JSE Sponsor:
J.P. Morgan Equities South Africa (Pty) Ltd
Date: 12-03-2020 12:30:00
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