Director/PDMR Shareholding

RNS Number : 6468S

Associated British Foods PLC

23 November 2011

 



Associated British Foods plc

Director shareholdings

23 November 2011

This notification is made by Associated British Foods plc (the 'Company') in accordance with DTR 3.1.4 R.

The Company was notified yesterday by RBC Trust Company (Jersey) Limited, as trustee of the Associated British Foods Share Incentive Plan 2003 that ordinary shares of 5^15/22p in the Company, awarded under the plan on 21 November 2008, vested and were released on 21 November 2011 to the two executive directors, as follows:

Director	No. of shares acquired on vesting
George Weston	131,741 shares
John Bason	87,827 shares

The market price on the date of vesting, 21 November 2011, was £10.70 per share. 

On 21 November 2011, for the purpose in part of meeting their respective tax liabilities on the shares acquired on vesting, George Weston sold 68,712 of the 131,741 shares he acquired at a price of £10.73 per share and John Bason sold 82,827 shares of the 87,827 shares he acquired at a price of 10.73 per share.  The transactions took place on the London market.

 

END

 

 

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