EX-99 2 a5146f.htm EXHIBITS 99.1 a5146f
Exhibit 99.1
 
INDIVIOR PLC (THE 'COMPANY')
 
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
 
The relevant notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation.
 
The Company announces that it was notified on March 1, 2024 of the following changes to the interests of Directors and persons discharging managerial responsibilities ('PDMR') in the Ordinary Shares of $0.50 each in the Company ('Shares').
 
In accordance with the Rules of the Indivior Long-Term Incentive Plan ('LTIP'), conditional awards held by the PDMRs named below, which were granted on March 1, 2021, vested on March 1, 2024.  The vesting of these awards was settled on a net settled basis, resulting in the delivery of shares in the amounts set out below.
 
Name of PDMR
Number of vested Shares
Number of Shares delivered1
Number of vested Shares subject to two-year holding period
Cynthia Cetani
120,353
66,073
 
Mark Crossley2
300,000
-
287,700
Jon Fogle
193,624
106,305
 
Christian Heidbreder
244,825
134,408
 
Kathryn Hudson
53,367
28,283
 
Vishal Kalia
64,558
35,442
 
Ryan Preblick2
213,665
-
204,904
Richard Simkin
298,241
163,734
 
Hillel West
139,727
93,990
 
 
1.   Includes Shares delivered in the form of Depositary Interests ('DIs').
 
2.   Mark Crossley and Ryan Preblick's awards vested on a net-settled basis on March 1, 2024 to account for US social taxes due.  The vested awards are subject to a further two-year holding period.
 
 
Following these transactions, the PDMRs have beneficial interests in the following number of Shares:
 
Name of PDMR
 
Number of Shares held1
 
Cynthia Cetani
 
187,810
 
Mark Crossley
 
90,032
 
Jon Fogle
 
166,651
 
Christian Heidbreder
 
227,330
 
Kathryn Hudson
 
61,141
 
Vishal Kalia
 
124,947
 
Ryan Preblick
 
64,466
 
Richard Simkin
 
251,324
 
Hillel West
 
121,723
 
 
3.   Includes Shares held in the form of DIs.
 
 
Kathryn Hudson
Company Secretary
 
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Cynthia 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
  
Number of shares delivered on vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.
 
c)
 
Price(s) and volume(s)
 
 
Price(s)
Volume(s)
nil
66,073
d)
 
Aggregated information
 
- Volume
 
- Price
 
- Total 
 
 
 
n/a
 
e)
 
Date of the transaction
  
March 1, 2024
f)
 
Place of the transaction
 
n/a
 
 
 
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
a)
 
Name
  
Mark Crossley
2
 
Reason for the notification
 
a)
 
Position/status
  
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
  
Vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.  Shares subject to a further two-year holding period.
  
c)
 
Price(s) and volume(s)
 
 
Price(s)
Volume(s)
nil
287,700
d)
 
Aggregated information
 
- Volume
 
- Price
 
- Total 
 
 
 
n/a
 
e)
 
Date of the transaction
  
March 1, 2024
f)
 
Place of the transaction
 
n/a
 
 
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
  
Delivery of shares on vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.
  
c)
 
Price(s) and volume(s)
 
 
Price(s)
Volume(s)
nil
106,305
d)
 
Aggregated information
 
- Volume
 
- Price
 
- Total 
 
 
 
n/a
 
e)
 
Date of the transaction
  
March 1, 2024
f)
 
Place of the transaction
 
n/a
 
 
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
  
Delivery of shares on vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.
 
c)
 
Price(s) and volume(s)
 
 
Price(s)
Volume(s)
nil
134,408
d)
 
Aggregated information
 
- Volume
 
- Price
 
- Total 
 
 
 
n/a
 
e)
 
Date of the transaction
  
March 1, 2024
f)
 
Place of the transaction
 
n/a
 
 
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
  
Delivery of shares on vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.
  
c)
 
Price(s) and volume(s)
 
 
Price(s)
Volume(s)
nil
28,283
d)
 
Aggregated information
 
- Volume
 
- Price
 
- Total 
 
 
 
n/a
 
e)
 
Date of the transaction
  
March 1, 2024
f)
 
Place of the transaction
 
n/a
 
 
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
  
Delivery of shares on vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.
 
c)
 
Price(s) and volume(s)
 
 
Price(s)
Volume(s)
nil
35,442
d)
 
Aggregated information
 
- Volume
 
- Price
 
- Total 
 
 
 
n/a
 
e)
 
Date of the transaction
  
March 1, 2024
f)
 
Place of the transaction
 
n/a
 
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
  
Ryan Preblick
2
 
Reason for the notification
 
a)
 
Position/status
 
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
  
Vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis. Shares subject to a further two-year holding period.
 
c)
 
Price(s) and volume(s)
 
 
Price(s)
Volume(s)
nil
204,904
d)
 
Aggregated information
 
- Volume
 
- Price
 
- Total 
 
 
 
n/a
 
e)
 
Date of the transaction
  
March 1, 2024
f)
 
Place of the transaction
 
n/a
 
 
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
  
Delivery of shares on vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.
  
c)
 
Price(s) and volume(s)
 
 
Price(s)
Volume(s)
nil
163,734
d)
 
Aggregated information
 
- Volume
 
- Price
 
- Total 
 
 
 
n/a
 
e)
 
Date of the transaction
  
March 1, 2024
f)
 
Place of the transaction
 
n/a
 
 
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 and 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
  
Delivery of shares on vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.
  
c)
 
Price(s) and volume(s)
 
 
Price(s)
 Volume(s)
nil
93,990
d)
 
Aggregated information
 
- Volume
 
- Price
 
- Total 
 
 
 
n/a
 
e)
 
Date of the transaction
  
March 1, 2024
f)
 
Place of the transaction
 
n/a
 
 
Indivior PLC's Legal Entity Identifier code is 213800V3NCQTY7IED471.