Director Shareholdings

RNS Number : 8104W

Associated British Foods PLC

25 November 2010

 



Associated British Foods plc

Director shareholdings

25 November 2010

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 2007, vested and were released on 22 November 2010 to the two executive directors, as follows:

Director	No. of shares acquired on vesting
George Weston	102,586 shares
John Bason	70,990 shares

The market price on the date of vesting, 22 November 2010, was £10.75 per share. 

On 24 November 2010, for the purpose of meeting their respective tax liabilities on the shares acquired on vesting, George Weston sold 52,529 of the 102,586 shares he acquired at a price of £10.70 per share and John Bason sold 36,351 shares of the 70,990 shares he acquired at a price of £10.70 per share.  The transactions took place on the London market.

 

END

 

 

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