EX-99 2 a2293g.htm EXHIBIT 99.1 a2293g
 Exhibit 99.1
 
INDIVIOR PLC (THE 'COMPANY')
 
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMR') AND PERSONS CLOSELY ASSOCIATED WITH THEM
 
The Company announces that on March 8, 2024 it granted Conditional Awards ('Awards') over Ordinary Shares of US$0.50 each in the Company ('Shares') under the Indivior Long-Term Incentive Plan ('LTIP') to the PDMRs set out below:
 
Name
 
Maximum number of Shares under Award
 
Executive Directors
 
 
Mark Crossley
 
157,732
 
Ryan Preblick
 
97,692
 
Executive Committee members
 
 
Jeff Burris
 
90,625
 
Cindy Cetani
 
58,203
 
Jon Fogle
 
88,533
 
Christian Heidbreder
 
114,092
 
Kathryn Hudson
 
42,958
 
Vishal Kalia
 
67,852
 
Richard Simkin
 
136,362
 
Hillel West
 
78,105
 
 
The vesting of the Awards is subject to the Rules of the LTIP and upon continued employment and the achievement of performance conditions.  The performance conditions applicable to the Awards are based on (1) relative Total Shareholder Return ('TSR') versus the FTSE 250 excluding investment trusts and (2) relative TSR versus the S&P1500 Pharmaceutical and Biotech Index (50% weighting for each measure).
 
The number of Shares under Award that will vest will depend upon the extent to which the performance conditions have been achieved.
 
No consideration is payable either on the grant or vesting of the Awards. The Awards granted to the Executive Directors will normally vest on the third anniversary of the Award date and are then subject to a further two-year holding period before the Shares are released. The Awards granted to the Executive Committee members will normally vest on the third anniversary of the Award date.
 
This notification is made in accordance with the requirements of the UK Market Abuse Regulation.
 
Kathryn Hudson
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
  
Grant of LTIP Award over Ordinary Shares
 
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
N/A
 
157,732
d)
 
Aggregated information
 
- Aggregated volume
 
 - Price
 
 
N/A
e)
 
Date of the transaction
  
March 8, 2024
f)
 
Place of the transaction
 
Outside a trading venue
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
  
Ryan Preblick
2
 
Reason for the notification
 
a)
 
Position/status
  
Director / PDMR - Chief Financial 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
  
Grant of LTIP Award over Ordinary Shares
 
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
N/A
 
97,692
d)
 
Aggregated information
 
- Aggregated volume
  
- Price
 
 
N/A
e)
 
Date of the transaction
  
March 8, 2024
f)
 
Place of the transaction
 
Outside a trading venue
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
  
Jeff Burris
2
 
Reason for the notification
 
a)
 
Position/status
  
PDMR - Chief Legal 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
  
Grant of LTIP Award over Ordinary Shares
 
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
N/A
 
90,625
d)
 
Aggregated information
 
- Aggregated volume
 
 - Price
 
 
N/A
e)
 
Date of the transaction
  
March 8, 2024
f)
 
Place of the transaction
 
Outside a trading venue
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
  
Cindy Cetani
2
 
Reason for the notification
 
a)
 
Position/status
  
PDMR - Chief Integrity and Compliance 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
  
Grant of LTIP Award over Ordinary Shares
 
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
N/A
 
58,203
d)
 
Aggregated information
 
- Aggregated volume
 
 - Price
 
 
N/A
e)
 
Date of the transaction
  
March 8, 2024
f)
 
Place of the transaction
 
Outside a trading venue
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
  
Jon Fogle
2
 
Reason for the notification
 
a)
 
Position/status
  
PDMR - Chief Human Resources 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
  
Grant of LTIP Award over Ordinary Shares
 
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
N/A
 
88,533
d)
 
Aggregated information
 
- Aggregated volume
 
 - Price
 
 
N/A
e)
 
Date of the transaction
  
March 8, 2024
 
f)
 
Place of the transaction
 
Outside a trading venue
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
  
Christian Heidbreder
2
 
Reason for the notification
 
a)
 
Position/status
  
PDMR - Chief Scientific 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
  
Grant of LTIP Award over Ordinary Shares
 
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
N/A
 
114,092
d)
 
Aggregated information
 
- Aggregated volume
 
 - Price
 
 
N/A
e)
 
Date of the transaction
  
March 8, 2024
f)
 
Place of the transaction
 
Outside a trading venue
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
  
Kathryn Hudson
2
 
Reason for the notification
 
a)
 
Position/status
  
PDMR - Company Secretary
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
  
Grant of LTIP Award over Ordinary Shares
 
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
N/A
 
42,958
d)
 
Aggregated information
 
- Aggregated volume
 
 - Price
 
 
N/A
e)
 
Date of the transaction
  
March 8, 2024
f)
 
Place of the transaction
 
Outside a trading venue
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
  
Vishal Kalia
2
 
Reason for the notification
 
a)
 
Position/status
  
PDMR - Chief Strategy 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
  
Grant of LTIP Award over Ordinary Shares
 
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
N/A
 
67,852
d)
 
Aggregated information
 
- Aggregated volume
 
 - Price
 
 
N/A
e)
 
Date of the transaction
  
March 8, 2024
f)
 
Place of the transaction
 
Outside a trading venue
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
  
Richard Simkin
2
 
Reason for the notification
 
a)
 
Position/status
  
PDMR - Chief Commercial 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
  
Grant of LTIP Award over Ordinary Shares
 
c)
 
Price(s) and volume(s)
 
 
 Price(s)
 
Volume(s)
N/A
 
136,362
d)
 
Aggregated information
 
- Aggregated volume
  
- Price
 
 
N/A
e)
 
Date of the transaction
  
March 8, 2024
f)
 
Place of the transaction
 
Outside a trading venue
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
  
Hillel West
2
 
Reason for the notification
 
a)
 
Position/status
  
PDMR - Chief Manufacturing & Supply 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
  
Grant of LTIP Award over Ordinary Shares
 
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
N/A
 
78,105
d)
 
Aggregated information
 
- Aggregated volume
  
- Price
 
 
N/A
e)
 
Date of the transaction
  
March 8, 2024
f)
 
Place of the transaction
 
Outside a trading venue
 
Indivior PLC's Legal Entity Identifier code is 213800V3NCQTY7IED471.