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INDV Neutral Sentiment Score: 60/100

INDIVIOR PLC (THE 'COMPANY') NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM The Company announces that, subsequent to the de

Key Takeaway: Indivior PLC announced the sale of 23,470 shares by Christian Heidbreder, the Chief Scientific Officer, following the exercise of a share option. The option, granted in 2014, allowed Heidbreder to purchase shares at a price of US$ 7.024 each. The subsequent sale was executed over three days, fetching an average price of US$ 20.84 per share. Following these transactions, Heidbreder maintains a beneficial interest in 92,922 shares of the company.

Market Sentiment Analysis

POSITIVE FACTORS

  • Christian Heidbreder exercised his share option, indicating confidence in the company's performance.
  • Shares sold at an average price of US$ 20.84, which is significantly higher than the option exercise price of US$ 7.024.

Full Press Release Details

INDIVIOR PLC (THE 'COMPANY')
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
The Company announces that, subsequent to the delivery of 23,470
shares on March 12, 2024 arising from the exercise and net
settlement of a share option, Christian Heidbreder, a PDMR, sold
23,470 ordinary shares of US$ 0.50 each in the Company
('Shares') on March 13, 2024, March 14, 2024, and March 15,
The option exercise was in respect of an option over 63,185 Shares
granted on December 29, 2014 at a USD equivalent option price of
US$ 7.024 per share. The Shares were sold at an average
price of US$ 20.84 per share over the three days (6,284 Shares at
US$ 21.06; 15,096 at US$ 20.75; and 2,090 at US$ 20.77
Following completion of the transactions, Christian has a
beneficial interest in 92,922 Shares in the Company.
Further information is provided below in accordance with the UK
Market Abuse Regulation.
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 arising from exercise of an option
c) Price(s) and volume(s) Price(s) Volume(s)
US$ 7.024 63,185
d) Aggregated information - Volume - Price - Total n/a
e) Date of the transaction March 12, 2024
f) Place of the transaction Outside a trading venue
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$0.50 GB00BN4HT335
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
US$ 21.06 6,284
d) Aggregated information - Volume - Price - Total n/a
e) Date of the transaction March 13, 2024
f) Place of the transaction The Nasdaq Stock Market LLC (XNAS)
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$0.50 GB00BN4HT335
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
US$ 20.75 15,096
d) Aggregated information - Volume - Price - Total n/a
e) Date of the transaction March 14, 2024
f) Place of the transaction The Nasdaq Stock Market LLC (XNAS)
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$0.50 GB00BN4HT335
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
US$ 20.77 2,090
d) Aggregated information - Volume - Price - Total n/a
e) Date of the transaction March 15, 2024
f) Place of the transaction The Nasdaq Stock Market LLC (XNAS)
Indivior PLC's Legal Entity Identifier code is
213800V3NCQTY7IED471.

Frequently Asked Questions

What shares did Christian Heidbreder sell?

Christian Heidbreder sold 23,470 ordinary shares of US$ 0.50 each.

When did the share transactions occur?

The share transactions occurred on March 13, 14, and 15, 2024.

What was the average selling price of the shares?

The shares were sold at an average price of US$ 20.84 each.

How many shares does Christian Heidbreder hold now?

He now has a beneficial interest in 92,922 shares in the Company.

What was the initial notification date?

The initial notification date was March 12, 2024.

Last updated: Mar 12, 2024