Director/PDMR Shareholding
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 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 instrument, type of instrument
Identification code |
Ordinary shares of US$0.50
ISIN: GB00BDGT2M75 | ||||||||||||
b) | Nature of the transaction | Vesting of awards under the IPO Share Awards Plan Sale of shares to satisfy statutory withholding liabilities.
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c) | Price(s) and volume(s) |
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d) | Aggregated information
- Aggregated volume - Price - Total |
As noted in 4 (c) above | ||||||||||||
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.
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