Director/PDMR Shareholding

RNS Number : 8175F

Premier Foods plc

29 April 2014

 



29 April 2014                                                   

Premier Foods plc (the "Company")

Share Interests of directors and Persons Discharging Managerial Responsibilities (PDMRs)

The following notifications are made in accordance with DR 3.1.4R(1)(a).

Following the completion of the Capital Refinancing Plan which was announced on 14 April 2014 the Remuneration Committee of the Company, or scheme trustee where relevant, have approved the following adjustments to various share plans of the Company.  Adjustments to the number of shares under award and where relevant, to option prices, have been made to take into account the impact of the 8 for 5 Rights Issue using the theoretical ex-rights method.

1)         CEO Co-investment Award

Name	Date Award Granted	No. of shares subject to award prior to adjustment	No. of shares subject to award following adjustment
Gavin Darby	22/02/2013	1,477,572	2,255,442

2)         Long Term Incentive Plan

Name	Date Award Granted	No. of shares subject to award prior to adjustment	No. of shares subject to award following adjustment
Gavin Darby	22/02/2013	1,477,572	2,255,442
Ian Deste	20/03/2012	191,304	292,016
Mark Hughes	23/05/2011 20/03/2012	31,747 192,608	48,460 294,006
Richard Johnson	20/03/2012	156,521	238,921
Andrew McDonald	20/03/2012	139,130	212,375
Mark Vickery	23/05/2011 20/03/2012	25,757 174,782	39,316 266,796

3)         Restricted Stock Plan

Name	Date Award Granted	No. of shares subject to award prior to adjustment	No. of shares subject to award following adjustment
Ian Deste	22/02/2013	284,960	434,977
Mark Hughes	22/02/2013	239,616	365,762
Richard Johnson	22/02/2013	211,081	322,204
Andrew McDonald	22/02/2013	211,081	322,204
Mark Vickery	22/02/2013	217,440	331,911

4)         Sharesave Plan

Name	Date Award Granted	No. of shares subject to award prior to adjustment	No. of shares subject to award following adjustment	Option price prior to adjustment	Option price following adjustment
Ian Deste	19/10/2012	1,902	2,903	51.50p	33.48p
Mark Hughes	19/10/2010 18/10/2011 19/10/2012 11/10/2013	2,321 980 1,902 2,106	3,542 1,495 2,903 3,214	152.00p 91.50p 51.50p 111.10p	99.58p 62.57p 33.48p 72.79p
Andrew McDonald	11/10/2013	2,106	3,214	111.10p	72.79p
Mark Vickery	19/10/2010 18/10/2011	2,321 980	3,542 1,495	152.00p 91.50p	99.58p 62.57p

Enquiries

For further information contact:

Andrew McDonald

General Counsel & Company Secretary

Tel: [phone]

 

END

 

 

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