To view the PDF file, sign up for a MySharenet subscription.

VIVO ENERGY PLC - Notification of Transactions by Directors

Release Date: 04/08/2020 17:40
Code(s): VVO     PDF:  
Wrap Text
Notification of Transactions by Directors

 Vivo Energy plc
(Incorporated in England and Wales)
(Registration number: 11250655)
(Share code: VVO)
LEI: 213800TR7V9QN896AU56
ISIN: GB00BDGT2M75

4 August 2020

                            Vivo Energy plc (the "Company")
                                      (LSE: VVO / JSE: VVO)


                          Notification of Transactions by Directors

The Company has been notified today that Christian Chammas, Chief Executive Officer and Johan
Depraetere, Chief Financial Officer have exercised nil-cost options to acquire shares awarded under
the IPO Share Awards Plan.

The shares acquired are in connection with the IPO Share Awards Plan and were awarded on 18 May
2018, with the second tranche of awards vesting on 10 May 2020. The vesting of the awards was
subject to the satisfaction of performance conditions and continued employment. For further details
of the plan, please see the Company’s 2019 Annual Report, available at
https://investors.vivoenergy.com/.


 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                         Christian Chammas
                                   Johan Depraetere
 2    Reason for the notification
 a)   Position/status                 Executive Directors
 b)   Initial/Amendment
                                    Initial Notification
      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
      instrument, type of                 Ordinary shares of US$0.50
      instrument

      Identification code                 ISIN: GB00BDGT2M75

 b)   Nature of the transaction           Vesting of awards under the IPO Share Awards Plan
                                          Sale of shares to satisfy statutory withholding liabilities.


 c)   Price(s) and volume(s)
                                                Director       Number       Number of       Price (s)
                                                               of Vested    Shares sold to  (GBP)
                                                               Shares       cover statutory
                                                               Acquired     withholding
                                                                            liabilities
                                                Christian      384,035      181,404         £0.7287
                                                Chammas


                                                Johan      270,024          127,550             £0.717
                                                Depraetere


 d)   Aggregated information

           -   Aggregated volume          As noted in 4 (c) above
           -   Price
           -   Total

 e)   Date of the transaction             3 August 2020
 f)   Place of the transaction            The London Stock Exchange


This notification is made in accordance with the requirements of the Market Abuse Regulation.

JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

Date: 04-08-2020 05:40:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.