TIDMIMB

RNS Number : 8581Q

Imperial Brands PLC

02 March 2021

2 March 2021

IMPERIAL BRANDS PLC

(THE "COMPANY")

Legal Entity Identifier (LEI) No. 549300DFVPOB67JL3A42

NOTIFICATION OF TRANSACTIONS OF DIRECTOR/PDMR

Recruitment Award

On 1 March 2021, the Company's new Group Manufacturing and Supply Chain Director, Javier Huerta, was granted a nil-cost option award (the "Recruitment Award") over ordinary shares of 10 pence each in the Company ("Shares").

The Recruitment Award has been granted in order to facilitate Javier Huerta's recruitment, and to replace certain share awards granted to him by his former employer, Unilever plc, and which he forfeited on joining the Company.

The Recruitment Award has been granted over 50,246 Shares, which has been set by reference to the value of the forfeited awards and the 3-day average closing price of the Company's shares immediately prior to the date of joining.

In order to replicate the terms of Javier Huerta's forfeited awards, the Recruitment Award is split into six tranches, as follows:

 
 Number of    Expected         Original Unilever share award 
   Shares      Vesting                    replaced 
                 Date 
 5,243       25 March      Award of shares granted under 
              2021          the Unilever Management Co-Investment 
                            Plan due to vest on 25 March 
                            2021 
            ------------  --------------------------------------- 
 19,092      25 March      Award of shares granted under 
              2021          the Unilever Management Co-Investment 
                            Plan due to vest on 25 March 
                            2021 
            ------------  --------------------------------------- 
 1,957       9 February    Award of shares granted under 
              2022          the Unilever Management Co-Investment 
                            Plan due to vest on 9 February 
                            2022 
            ------------  --------------------------------------- 
 14,044      9 February    Award of shares granted under 
              2022          the Unilever Management Co-Investment 
                            Plan due to vest on 9 February 
                            2022 
            ------------  --------------------------------------- 
 7,797       14 February   Award of shares granted under 
              2023          the Unilever Management Co-Investment 
                            Plan due to vest on 14 February 
                            2023 
            ------------  --------------------------------------- 
 2,113       15 February   Award of shares granted under 
              2023          the Unilever Management Co-Investment 
                            Plan due to vest on 15 February 
                            2023 
            ------------  --------------------------------------- 
 

The vesting of the Recruitment Award (and each tranche thereof) is subject to Javier Huerta's continued service with the Company.

As at the date of this announcement, the Company has 946,408,101 Shares in issue (excluding shares held in Treasury).

This announcement is made in accordance with the requirements of Market Abuse Regulation Article 19.

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                    JAVIER ESTERBAN HUERTA RUIZ 
     ----------------------  ------------------------------------------------ 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status         PDMR - GROUP MANUFACTURING AND SUPPLY CHAIN 
                               DIRECTOR 
     ----------------------  ------------------------------------------------ 
 b)   Initial notification/   INITIAL NOTIFICATION 
       Amendment 
     ----------------------  ------------------------------------------------ 
 3.   Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ------------------------------------------------------------------------ 
 a)   Name                    IMPERIAL BRANDS PLC 
     ----------------------  ------------------------------------------------ 
 b)   LEI                     549300DFVPOB67JL3A42 
     ----------------------  ------------------------------------------------ 
 4.   Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of 
       transaction; (iii) each date; (iv) each place where 
       transactions have been conducted 
     ------------------------------------------------------------------------ 
 a)   Description             ORDINARY SHARES 
       of the financial 
       instrument, 
       type of instrument 
                             ------------------------------------------------ 
      Identification          GB0004544929 
       code 
     ----------------------  ------------------------------------------------ 
 b)   Nature of               GRANT OF A NIL COST OPTION AWARD WHICH 
       the transaction         VESTS IN SIX TRANCHES, TWO ON 25 MARCH 
                               2021, TWO ON 9 FEBRUARY 2022, 14 FEBRUARY 
                               2023 AND 15 FEBRUARY 2023 SUBJECT TO CONTINUED 
                               SERVICE. 
     ----------------------  ------------------------------------------------ 
      Price(s) and             Price(s)    Volume(s) 
       volume(s)                Nil         50,246 
                                           ---------- 
     ----------------------  ------------------------------------------------ 
 d)   Aggregated               Aggregate Price    Aggregate 
       information                                  Volume 
                                Nil                50,246 
                                                  ---------- 
     ----------------------  ------------------------------------------------ 
 e)   Date of the             1 MARCH 2021 
       transaction 
     ----------------------  ------------------------------------------------ 
 f)   Place of the            OUTSIDE A TRADING VENUE 
       transaction 
     ----------------------  ------------------------------------------------ 
 

Exercise of Long Term Incentive Plan Award and sale to cover tax liabilities.

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                         OLIVER REGINALD TANT 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              EXECUTIVE DIRECTOR - CHIEF FINANCIAL 
                                    OFFICER 
     ---------------------------  -------------------------------------- 
 b)   Initial notification          INITIAL NOTIFICATION 
       /Amendment 
     ---------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         IMPERIAL BRANDS PLC 
     ---------------------------  -------------------------------------- 
 b)   LEI                          549300DFVPOB67JL3A42 
     ---------------------------  -------------------------------------- 
 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            ORDINARY SHARES 
 
       Identification code           GB0004544929 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    EXERCISE OF OPTIONS IN RESPECT OF 
                                    THE LONG TERM INCENTIVE PLAN 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)          Volume(s) 
                                      NOT APPLICABLE    11,184 
                                                       ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume           11,184 
                                     NOT APPLICABLE 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      1 MARCH 2021 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     OUTSIDE A TRADING VENUE 
     ---------------------------  -------------------------------------- 
 

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                        OLIVER REGINALD TANT 
     --------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ---------------------------------------------------------------------- 
 a)   Position/status             EXECUTIVE DIRECTOR - CHIEF FINANCIAL 
                                   OFFICER 
     --------------------------  ------------------------------------------ 
 b)   Initial notification         INITIAL NOTIFICATION 
       /Amendment 
     --------------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------- 
 a)   Name                        IMPERIAL BRANDS PLC 
     --------------------------  ------------------------------------------ 
 b)   LEI                         549300DFVPOB67JL3A42 
     --------------------------  ------------------------------------------ 
 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           ORDINARY SHARES 
 
       Identification code          GB0004544929 
     --------------------------  ------------------------------------------ 
 b)   Nature of the transaction   SALE OF VESTED SHARES TO COVER INCOME 
                                   TAX ON EXERCISING OF LONG TERM INCENTIVE 
                                   PLAN 
     --------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)         Volume(s) 
                                     GBP 13.660568    5,281 
                                                     ---------- 
     --------------------------  ------------------------------------------ 
 d)   Aggregated information 
 
       - Aggregated volume          5,281 
                                    GBP 72,141.46 
       - Price 
     --------------------------  ------------------------------------------ 
 e)   Date of the transaction     1 MARCH 2021 
     --------------------------  ------------------------------------------ 
 f)   Place of the transaction    XLON - LONDON STOCK EXCHANGE 
     --------------------------  ------------------------------------------ 
 

Trevor Williams

Deputy Company Secretary

Copies of our announcements are available on our website: www.imperialbrandsplc.com/Investors/Stock-Exchange-announcements

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