Director/PDMR Shareholding

RNS Number : 0540S

Associated British Foods PLC

06 March 2023

 

Associated British Foods plc ('the Company')

Director/PDMR Shareholdings

6 March 2023

Conditional allocation of shares

A conditional allocation of ordinary shares of 5^15/22 pence in the Company was made to the following director of the Company on 3 March 2023 under the terms of the Associated British Foods plc Restricted Share Plan 2022 (the 'RSP') and the Associated British Foods plc 2016 Short-Term Incentive Plan   (the 'STIP').

Director	No. of shares conditionally allocated under the RSP	No. of shares conditionally allocated under the STIP
Eoin Tonge	54,420	18,745

The allocation was made on the basis of an allocation price of 1665.3 pence (being the average of the daily closing mid-market prices for the shares over the five consecutive business days 2 to 8 December 2022 inclusive, being the period immediately preceding the main share allocation under these plans on 9 December 2022).

The notifications for the director below, which are made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provide further details of the conditional allocation.

ASSOCIATED BRITISH FOODS PLC

DIRECTOR/PDMR SHAREHOLDING

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Eoin Tonge
2	Reason for the notification
a)	Position/status	Finance Director Designate
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Associated British Foods plc
b)	LEI	GBQKSY6W7G0OHCQ8OQ72
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 515/22p GB0006731235
b)	Nature of the transaction	Grant of conditional award under the terms of the Associated British Foods plc Restricted Share Plan 2022, vesting on 17 November 2025, subject to certain performance underpins.
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 54,420
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction [YYYY-MM-DD]	2023-03-03
f)	Place of the transaction	Outside a trading venue

ASSOCIATED BRITISH FOODS PLC

DIRECTOR/PDMR SHAREHOLDING

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Eoin Tonge
2	Reason for the notification
a)	Position/status	Finance Director Designate
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Associated British Foods plc
b)	LEI	GBQKSY6W7G0OHCQ8OQ72
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 515/22p GB0006731235
b)	Nature of the transaction	Grant of conditional award under the terms of the Associated British Foods plc 2016 Short Term Incentive Plan, vesting on 17 November 2025, subject to certain performance underpins.
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 18,745
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction [YYYY-MM-DD]	2023-03-03
f)	Place of the transaction	Outside a trading venue

 

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