Director/PDMR Shareholding

Hilton Food Group PLC

15 May 2023

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philip Heffer		Steve Murrells	Matt Osborne
2	Reason for the notification
a)	Position/status	CEO		CEO elect		CFO
b)	Initial notification /Amendment	Initial notification		Initial notification		Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		Hilton Food Group plc
b)	LEI		213800JY7VJFS2OOX355
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 10p each HFG - GB00B1V9NW54
b)	Nature of the transaction		Grant of Awards of Shares to Directors under the Hilton Food Group Long-Term Incentive Plan 2019. Awards will normally vest on 15 May 2026 subject to continued employment and meeting performance conditions covering the three financial years 2023-2025. The performance conditions comprise: Metric Weighting Threshold     10% vesting Maximum   100% vesting EPS 60% 11% growth       per annum 17% growth      per annum Relative TSR compared with the constituents of the FTSE 250 (excluding investment trusts) 25% Median Upper quartile ESG i)     Scope 1 & 2 energy efficiency 5% 35% reduction over 3 years 52% reduction over 3 years ii)    Scope 3 energy efficiency 5% 21% reduction over 3 years 33% reduction over 3 years iii)   People metrics- diversity and  engagement 5% Specific measures by geography to be assessed by the Remuneration Committee Vesting for all the performance conditions above increase rise pro-rata between threshold and maximum limits.
c)	Price(s) and volume(s)		Name Price(s) Volume(s)  Philip Heffer nil 100,406  Steve Murrells nil 182,039  Matt Osborne nil 55,479
d)	Aggregated information - Aggregated volume - Price		Not applicable.
e)	Date of the transaction		15 May 2023
f)	Place of the transaction		XOFF

Name of authorised official of issuer responsible for making notification:

Neil George, Company Secretary, Tel. [phone], email: [e-mail]

Date of notification

15 May 2023

 

END