Director/PDMR Shareholding
Updated : 07:04
14 March 2019
Vivo Energy plc (the "Company")
(LSE: VVO / JSE: VVO)
Notification of Transactions by Directors
On 12 March 2019, 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, and will vest subject to performance conditions relating to EPS, ROACE and TSR growth measured over three financial years between 1 January 2019 to 31 December 2021. Following determination of the extent of satisfaction of performance conditions, the Awards are subject to a holding period of two years, during which period the Awards may not normally be exercised.
The number of Shares underlying each directors Award are detailed below:
Name | Position | Number of Shares |
Christian Chammas | Chief Executive Officer | 1,222,420 |
Johan Depraetere | Chief Financial Officer | 687,613 |
This notification is made in accordance with the requirements of the Market Abuse Regulation.
For further information, please contact:
Claire Dhokia
Deputy Company Secretary
+44 2030 343 718
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 instrument
Identification code |
Nil-cost options over ordinary shares of Vivo Energy plc
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) |
1,222,420 shares
£0 |
d) | Aggregated information
- Aggregated volume
- Price |
1,222,420 shares
£0 |
e) | Date of the transaction | 12 March 2019 |
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 instrument
Identification code |
Nil-cost options over ordinary shares of Vivo Energy plc
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) |
687,613 shares
£0 |
d) | Aggregated information
- Aggregated volume
- Price |
687,613 shares
£0 |
e) | Date of the transaction | 12 March 2019 |
f) | Place of the transaction | Outside a trading venue |
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