Vivo Energy PLC Notification of Transactions by Directors (6134Z)
May 21 2019 - 2:02AM
UK Regulatory
TIDMVVO
RNS Number : 6134Z
Vivo Energy PLC
21 May 2019
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, Ordinary shares of US$0.50
type of 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) Director Number Number Price
of Vested of Shares (GBP)
Shares sold to
Acquired cover
statutory
withholding
liabilities
Christian
Chammas 399,111 188,525 1.154
----------- ------------- -------
Johan
Depraetere 280,625 132,557 1.154
----------- ------------- -------
------------------------------ ----------------------------------------------------
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
------------------------------ ----------------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHCKKDBABKDFPB
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