Britvic Announces Director Share Awards

Britvic plc has disclosed share awards for its executive directors under the 2015 Britvic Performance Share Plan (PSP) and the 2023 Deferred Bonus Plan (DBP). The announcement, made on 6 December 2024, reveals that CEO Simon Litherland has been granted 139,630 shares under the PSP and 32,382 shares under the DBP. CFO Rebecca Napier received 65,150 shares under the PSP and 18,614 shares under the DBP.

The PSP awards are contingent on company performance criteria from October 2024 to the end of the financial year 2027. Vesting is linked to adjusted EPS targets, with threshold levels set between 79.5p and 91.4p. Awards under the DBP will vest on 6 December 2026. No consideration is required for the acquisition of these shares.