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VIVO ENERGY PLC - Notification of Transactions by Directors

Release Date: 21/05/2019 08:00
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

21 May 2019

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


                          Notification of Transactions by Directors

Vesting of Award

The Company has been notified that Christian Chammas and Johan Depraetere 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 that was granted on the 18
May 2018, with the first tranche of awards vesting on the 10 May 2019. 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 2018 Annual Report, available at
https://investors.vivoenergy.com/.

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


 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)                                               Number of
                                                           Number of       Shares sold
                                                             Vested          to cover          Price
                                         Director
                                                             Shares         statutory         (GBP)
                                                            Acquired       withholding
                                                                            liabilities
                                        Christian
                                        Chammas             399,111           188,525          1.154

                                        Johan
                                                            280,625           132,557          1.154
                                        Depraetere
 d)   Aggregated information

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

 e)   Date of the transaction         17 May 2019
 f)   Place of the transaction        London Stock Exchange




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

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