Indivior Pharmaceuticals, Inc 6-K, filed Mar 11, 2024
Indivior Pharmaceuticals, Inc. (INDV)
6-K
2024-03-11
For: 2024-03-11
View Original
Added on
April 10, 2026
About this 6-K
Indivior Pharmaceuticals, Inc filed this 6-K on March 11, 2024.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
________________________
Washington, D.C. 20549
_____________________
FORM 6-K
_____________________
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
Date: March 11, 2024
Commission File Number: 001-37835
________________________________________
Indivior PLC
________________________________________
10710 Midlothian Turnpike, Suite 125
North Chesterfield, Virginia 23235
(Address of principal executive office)
_______________________________
Indicate
by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F
Form
20-F ☒ Form 40-F ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7): ☐
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EXHIBIT INDEX
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Exhibit No.
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Description of Exhibit
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99.1
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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Indivior PLC
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Date: March 11,
2024
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/s/
Kathryn Hudson
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Name:
Kathryn Hudson
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Title:
Company Secretary
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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
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Maximum number of Shares under Award
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Executive Directors
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Mark Crossley
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157,732
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Ryan Preblick
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97,692
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Executive Committee members
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Jeff Burris
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90,625
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Cindy Cetani
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58,203
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Jon Fogle
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88,533
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Christian Heidbreder
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114,092
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Kathryn Hudson
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42,958
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Vishal Kalia
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67,852
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Richard Simkin
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136,362
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Hillel West
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78,105
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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
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1
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Details of the person discharging managerial responsibilities /
person closely associated
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||
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a)
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Name
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Mark Crossley
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2
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Reason for the notification
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a)
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Position/status
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Director / PDMR - Chief Executive Officer
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b)
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Initial notification /Amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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||
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a)
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Name
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Indivior PLC
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b)
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LEI
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213800V3NCQTY7IED471
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4
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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
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||
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a)
|
Description of the financial instrument, type of
instrument
Identification code
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Ordinary Shares of US$0.50
GB00BN4HT335
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|
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b)
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Nature of the transaction
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Grant of LTIP Award over Ordinary Shares
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|
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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N/A
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157,732
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||
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d)
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Aggregated information
- Aggregated volume
- Price
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N/A
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e)
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Date of the transaction
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March 8, 2024
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f)
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Place of the transaction
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Outside a trading venue
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1
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Details of the person discharging managerial responsibilities /
person closely associated
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a)
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Name
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Ryan Preblick
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2
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Reason for the notification
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a)
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Position/status
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Director / PDMR - Chief Financial Officer
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b)
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Initial notification /Amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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||
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a)
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Name
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Indivior PLC
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b)
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LEI
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213800V3NCQTY7IED471
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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)
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Nature of the transaction
|
Grant of LTIP Award over Ordinary Shares
|
|
|
c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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|
N/A
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97,692
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||
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d)
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Aggregated information
- Aggregated volume
- Price
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N/A
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e)
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Date of the transaction
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March 8, 2024
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f)
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Place of the transaction
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Outside a trading venue
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1
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Details of the person discharging managerial responsibilities /
person closely associated
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a)
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Name
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Jeff Burris
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2
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Reason for the notification
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a)
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Position/status
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PDMR - Chief Legal Officer
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b)
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Initial notification /Amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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||
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a)
|
Name
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Indivior PLC
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b)
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LEI
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213800V3NCQTY7IED471
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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)
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|
N/A
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90,625
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||
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d)
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Aggregated information
- Aggregated volume
- Price
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N/A
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e)
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Date of the transaction
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March 8, 2024
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f)
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Place of the transaction
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Outside a trading venue
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1
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Details of the person discharging managerial responsibilities /
person closely associated
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a)
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Name
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Cindy Cetani
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2
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Reason for the notification
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a)
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Position/status
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PDMR - Chief Integrity and Compliance Officer
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b)
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Initial notification /Amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a)
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Name
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Indivior PLC
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b)
|
LEI
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213800V3NCQTY7IED471
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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
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58,203
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||
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d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
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|
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e)
|
Date of the transaction
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March 8, 2024
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|
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f)
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Place of the transaction
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Outside a trading venue
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1
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Details of the person discharging managerial responsibilities /
person closely associated
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||
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a)
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Name
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Jon Fogle
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2
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Reason for the notification
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a)
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Position/status
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PDMR - Chief Human Resources Officer
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b)
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Initial notification /Amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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||
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a)
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Name
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Indivior PLC
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b)
|
LEI
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213800V3NCQTY7IED471
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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
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||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
|
|
e)
|
Date of the transaction
|
March 8, 2024
|
|
|
f)
|
Place of the transaction
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Outside a trading venue
|
|
|
1
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Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
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Christian Heidbreder
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2
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Reason for the notification
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a)
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Position/status
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PDMR - Chief Scientific Officer
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b)
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Initial notification /Amendment
|
Initial notification
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|
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3
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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
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Outside a trading venue
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
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Vishal Kalia
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2
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Reason for the notification
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||
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a)
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Position/status
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PDMR - Chief Strategy Officer
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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
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Richard Simkin
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2
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Reason for the notification
|
||
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a)
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Position/status
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PDMR - Chief Commercial Officer
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|
|
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.