Fevertree Drinks PLC Grant of Options (4787Y)

TIDMFEVR

RNS Number : 4787Y

Fevertree Drinks PLC

05 May 2023

5 May 2023

Fevertree Drinks plc

Grant of Options

Fevertree Drinks plc (the "Company") announces the grant of options over a total of 270,856 ordinary shares of 0.25 pence each ("Ordinary Shares") in the Company with an exercise price of 0.25 pence.

On 3 May 2023, the following options were issued to the Company's Executive Directors, pursuant to the Company's Long Term Incentive Plan ("LTIP"):

 
 Name                Title             Number      Performance    Vesting      Exercise 
                                        of share    period         Date         price 
                                        options 
                                        granted 
 Tim Warrillow       Chief Executive   164,865     1 January      3 May 2026   0.25p per 
                      Officer                       2023 to                     share 
                                                    31 December 
                                                    2025 
                    ----------------  ----------  -------------  -----------  ---------- 
 Andy Branchflower   Chief Financial   105,991     1 January      3 May 2026   0.25p per 
                      Officer                       2023 to                     share 
                                                    31 December 
                                                    2025 
                    ----------------  ----------  -------------  -----------  ----------

The number of Ordinary Shares stated is the maximum number that could be issued to each Executive Director upon full satisfaction of the performance conditions attached to the 2023 awards.

Ends

For further information:

Investor queries

Ann Hyams, Director of Investor Relations I ann.hyams@fever-tree.com I +44 (0)2045 168 106

Media queries

Oliver Winters, Director of Communications I oliver.winters@fever-tree.com I +44 (0)770 332 9024

Nominated Advisor and Broker - Investec Bank plc

David Flin I Alex Wright I +44 (0)20 7597 5970

Corporate Broker - Morgan Stanley & Co. International plc

Andrew Foster I Jessica Pauley I +44 (0)20 7425 8000

Financial PR advisers - FGS Global

Faeth Birch +44 (0)7768 943 171 I Anjali Unnikrishnan +44 (0)7826 534 233

Notes to Editors:

Fever-Tree is the world's leading supplier of premium carbonated mixers for alcoholic spirits by retail sales value, with distribution to over 85 countries worldwide. Based in the UK, the brand was launched in 2005 to provide high quality mixers which could cater to the growing demand for premium spirits, in particular gin, but also increasingly for vodka, rum and whisky. The Company now sells a range of carbonated mixers to hotels, restaurants, bars and cafes ("On Trade") as well as selected retail outlets ("Off Trade").

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations

 
1   Details of the persons discharging managerial responsibilities 
     / person closely associated 
a)  Name                                      1. Tim Warrillow 
                                               2. Andy Branchflower 
2   Reason for the notification 
a)  Position/status                           1. Chief Executive Officer 
                                               2. 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                                      Fevertree Drinks plc 
b)  LEI                                       2138007AJRLHRVQZLD07 
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,  Ordinary shares of 0.25 pence 
     type of instrument                        each 
    Identification code                       GB00BRJ9BJ26 
b)  Nature of the transaction                 Grant of options 
c)  Price(s) and volume(s)                    Exercise Prices  Volumes 
                                                per share 
                                               1. 0.25p         1. 164,865 
                                                2. 0.25p         2. 105,991 
d)  Aggregated information                    N/A 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                   3 May 2023 
f)  Place of the transaction                  Outside a trading venue

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END

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May 05, 2023 02:00 ET (06:00 GMT)

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