Director/PDMR Shareholding

Director/PDMR Shareholding

Young & Co's Brewery PLC

Young & Co.’s Brewery, P.L.C.

(the “Company”)

PDMR Notifications

Circumstances giving rise to the notifications

Under the terms of the Company’s deferred annual bonus awards for the Company’s financial period ended 28 March 2016, certain directors were eligible to subscribe at nominal value for a set number of the Company’s A shares. The terms of issue included a performance condition related to the Company’s adjusted earnings per ordinary share from continuing operations for the financial year ending 1 April 2019 and the extent to which those earnings exceeded the same measure for the financial period ended 30 March 2015. If the performance condition were not met in full, then the director concerned would be required to transfer a percentage of those shares for no consideration back to the Company, or to an employee benefit trust designated by the Company for this purpose.

Further background detail on the operation of the scheme as it related to the Company’s financial period ended 28 March 2016 and the numbers of shares subsequently awarded and subscribed for is set out in the announcements made by the Company on 19 May 2016 and 14 June 2016.

The outcome of the performance condition is now known and the company’s remuneration committee has determined that the following directors must transfer the following shares for nil consideration to RBT II Trustees Limited, being the trustee of the Ram Brewery Trust II which is the employee benefit trust designated by the Company for this purpose:

● Stephen Goodyear – 1,110 shares;

● Patrick Dardis – 775 shares; and

● Torquil Sligo-Young – 522 shares.

Notifications

In connection with the above, the Company today received the following notifications:

From Stephen Goodyear

1		Details of the person discharging managerial responsibilities/person closely associated
a)		Name		Stephen Goodyear
2		Reason for the notification
a)		Position/status		Non-executive Chairman
b)		Initial notification / Amendment		Initial notification
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name		Young & Co.’s Brewery, P.L.C.
b)		LEI		213800JMZDORXCMKFW06
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		A Ordinary shares of 12.5p each in the issuer’s capital. GB00B2NDK765
b)		Nature of the transaction		Transfer of shares
c)		Price(s) and volume(s)		Price(s) Volume(s) £nil 1,110
d)		Aggregated information - Aggregated volume - Price		1,110 £nil
e)		Date of the transaction		28 May 2019; 10.35 GMT
f)		Place of the transaction		Outside a trading venue

From Patrick Dardis

1		Details of the person discharging managerial responsibilities/person closely associated
a)		Name		Patrick Anthony Dardis
2		Reason for the notification
a)		Position/status		Chief Executive Officer
b)		Initial notification / Amendment		Initial notification
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name		Young & Co.’s Brewery, P.L.C.
b)		LEI		213800JMZDORXCMKFW06
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		A Ordinary shares of 12.5p each in the issuer’s capital. GB00B2NDK765
b)		Nature of the transaction		Transfer of shares
c)		Price(s) and volume(s)		Price(s) Volume(s) £nil 775
d)		Aggregated information - Aggregated volume - Price		775 £nil
e)		Date of the transaction		28 May 2019; 10.35 GMT
f)		Place of the transaction		Outside a trading venue

From Torquil Sligo-Young

1		Details of the person discharging managerial responsibilities/person closely associated
a)		Name		Torquil Charles fflorance Barrow Sligo-Young
2		Reason for the notification
a)		Position/status		Information Resources Director
b)		Initial notification / Amendment		Initial notification
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name		Young & Co.’s Brewery, P.L.C.
b)		LEI		213800JMZDORXCMKFW06
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		A Ordinary shares of 12.5p each in the issuer’s capital. GB00B2NDK765
b)		Nature of the transaction		Transfer of shares
c)		Price(s) and volume(s)		Price(s) Volume(s) £nil 522
d)		Aggregated information - Aggregated volume - Price		522 £nil
e)		Date of the transaction		28 May 2019; 10.35 GMT
f)		Place of the transaction		Outside a trading venue

Krishan Pandit

Assistant Company Secretary

Tuesday, 28 May 2019

Tel: [phone]

View source version on businesswire.com: https://www.businesswire.com/news/home/20190528005422/en/