TIDMFEVR

RNS Number : 7388J

Fevertree Drinks PLC

28 April 2022

Fevertree Drinks plc

Grant of Options

28 April 2022

Fevertree Drinks plc (the "Company") announces the grant of options over a total of 176,334 ordinary shares of 0.25 pence each ("Ordinary Shares") in the Company with an exercise price of 0.25 pence to its Executive Directors.

On 27 April 2022, 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 Date    Exercise 
                                        of share    period                           price 
                                        options 
                                        granted 
 Tim Warrillow       Chief Executive   107,330     1 January        27 April 2025   0.25p per 
                      Officer                       2022 to 31                       share 
                                                    December 2024 
                    ----------------  ----------  ---------------  --------------  ---------- 
 Andy Branchflower   Chief Financial   69,004      1 January        27 April 2025   0.25p per 
                      Officer                       2022 to 31                       share 
                                                    December 2024 
                    ----------------  ----------  ---------------  --------------  ----------

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 2022 awards.

For more information please contact:

Investor queries

   Ann Hyams, Director of Investor Relations I   ann.hyams@fever-tree.com   I +44 (0)7435 828 138

Media queries

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

Nominated Advisor and Joint Broker - Numis Securities

Matt Lewis I Hugo Rubinstein I +44 (0)20 7260 1000

Joint Broker - Investec Bank plc

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

Financial PR advisers - Finsbury

   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 70 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. 107,330 
                                                2. 0.25p         2. 69,004 
d)  Aggregated information                    N/A 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                   27 April 2022 
f)  Place of the transaction                  Outside a trading venue

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April 28, 2022 11:00 ET (15:00 GMT)

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