VIVO ENERGY PLC - Notification of Transactions by Directors/Persons Discharging Managerial Responsibility

Release Date: 10/08/2018 07:05
Code(s): VVO
 
Wrap Text
 Vivo Energy plc
(Incorporated in England and Wales)
(Registration number: 11250655)
(Share code: VVO)
LEI: 213800TR7V9QN896AU56
ISIN: GB00BDGT2M75

Director/PDMR Shareholding

FOR IMMEDIATE RELEASE

10 August 2018

Vivo Energy plc


Notification of Transactions by Directors/Persons Discharging Managerial Responsibility
On 8 August 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 Long Term Incentive Plan, and will vest subject to performance conditions relating to EPS, ROACE and TSR growth measured over three financial years between 1 January 2018 to 31 December 2020. 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.
Details of the number of Shares underlying each PDMR?s Award, are detailed below.
Number of Name Position
Shares Christian Chammas Chief Executive Officer 1,081,081
Johan Depraetere Chief Financial Officer 608,108
This notification is made in accordance with the requirements of the Market Abuse Regulation. Paul Waters Head of Corporate Secretariat paul.waters@vivoenergy.com
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 Nil-cost options over ordinary shares of Vivo Energy plc 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)
1,081,081 shares #0 d) Aggregated information
- Aggregated volume 1,081,081 shares - Price #0 e) Date of the transaction 8 August 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
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