7 May 2024
A.G. BARR p.l.c.
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
LTIP Award - 2 May 2024
On 2 May 2024 A.G. BARR p.l.c. (the "Company") granted awards in the form of nil-cost options over ordinary shares in the Company under the A.G. BARR p.l.c. Long Term Incentive Plan (the "LTIP") to the individuals noted below:
| Name | Role | Number of ordinary shares under LTIP option | Exercise price |
| E A Sutherland | CEO | 171,957 | Nil |
| S Lorimer | Finance Director | 97,833 | Nil |
| J A Barr | Group Legal & Risk Director | 8,762 | Nil |
The options will normally vest on the third anniversary of grant, subject to the achievement of stretching performance targets and the rules of the LTIP.
Neil McLennan
Company Secretary
A.G. BARR p.l.c.
The Company makes the below announcement and notification in accordance with the requirements of the UK Market Abuse Regulation.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | E A Sutherland (Chief Executive) S Lorimer (Finance Director) J A Barr (Group Legal & Risk Director) | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | As per 1(a) | ||||
| b) | Initial notification /Amendment | Initial notifications | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | A.G. BARR p.l.c. | ||||
| b) | LEI | 213800QWTXXXF8BNEC87 | ||||
| 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 41/6p each
GB00B6XZKY75 | ||||
| b) | Nature of the transaction | Award over A.G. BARR p.l.c. ordinary shares of 4ā p under the A.G. BARR p.l.c. Long Term Incentive Plan (the "LTIP"). | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume
- Price |
171,957 for E A Sutherland 97,833 for S Lorimer 8,762 for J A Barr Nil - E A Sutherland Nil - S Lorimer Nil - J A Barr | ||||
| e) | Date of the transaction | 2 May 2024 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.