INDIVIOR PLC
(THE 'COMPANY')
CORRECTION -
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMR') AND PERSONS
CLOSELY ASSOCIATED WITH THEM
Correction made to the announcement
made earlier today at 16:17:57 (RNS No
2961H) on 18 March 2024. The
original announcement included an incorrect shareholding in respect
of the number of shares held by Mr Crossley following completion of
the transactions. Following these transactions, Mr Crossley
holds 90,032 shares.
All other details regarding the
transactions in the announcement remain unchanged.
The amended announcement is set out
in full below:
The Company announces the following
transactions carried out by Mark Crossley, a PDMR and the Chief
Executive of the Company on March 14, 2024, and March 15,
2024.
On March 15, 2024, an award over 19,215
Ordinary Shares of $0.10 each ('Shares') vested in favour of Mark
under the Indivior Deferred Bonus Plan 2018 (the 'DBP'). This
award was granted on March 15, 2022 and vested following the end of
the two-year deferral period. The vesting of the award was not
subject to performance conditions. The vesting of this award
was settled on a net-settled basis, resulting in the delivery of
Shares in the amount set out below.
|
Name of
PDMR
|
Number of
vested Shares
|
Number of
Shares delivered
|
|
Mark Crossley
|
19,215
|
10,549
|
On March 15, 2024, Mark also received 15,444
Shares, following the exercise and net settlement of a share
option. The option exercise was in respect of an option over 42,123
Shares granted on December 29, 2014, at an option price of £5.55
per share.
On March 14, 2024, March 15, 2024 and March 18,
2024, Mark Crossley disposed of a total of 117,197 Shares; 25,993
Shares arising from the above transactions and 91,204 Shares from
the release of vested awards under the Indivior Long-Term Incentive
Plan on March 5, 2024.
91,204 Shares were sold on March 14, 2024 at an
average price of £16.30 per share. 15,444 Shares were sold on March
15, 2024 at an average price of £16.44 per share and 10,549 Shares
were sold on March 18, 2024 at an average price of £16.17 per
share.
Following the completion of these transactions,
Mark Crossley has an interest in 90,032 Shares in the
Company.
This notification is made in accordance
with the requirements of the UK Market
Abuse Regulation.
Kathryn Hudson
Company Secretary
Company Secretary
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Mark Crossley
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Director / PDMR - Chief Executive
Officer
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Indivior PLC
|
|
b)
|
LEI
|
213800V3NCQTY7IED471
|
|
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
GB00BN4HT335
|
|
b)
|
Nature of the transaction
|
Delivery of Shares on Vesting of an
award granted under the DBP.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
N/A
|
10,549
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
|
e)
|
Date of the transaction
|
March 15, 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
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
GB00BN4HT335
|
|
b)
|
Nature of the transaction
|
Delivery of Shares arising from exercise of an
option
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£5.55
|
15,444
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
|
e)
|
Date of the transaction
|
March 15, 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
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
GB00BN4HT335
|
|
b)
|
Nature of the transaction
|
Sale of Ordinary Shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£16.30
|
91,204
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
|
e)
|
Date of the transaction
|
March 14, 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange (XLON)
|
|
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
GB00BN4HT335
|
|
b)
|
Nature of the transaction
|
Sale of Ordinary Shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£16.44
|
15,444
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
|
e)
|
Date of the transaction
|
March 15, 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange (XLON)
|
|
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
GB00BN4HT335
|
|
b)
|
Nature of the transaction
|
Sale of Ordinary Shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£16.17
|
10,549
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
|
e)
|
Date of the transaction
|
March 18, 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
Indivior PLC's Legal Entity
Identifier code is 213800V3NCQTY7IED471.