Assoc.British Foods - Director/PDMR Shareholding

Associated British Foods

22/05/2026 16:13

RNS Number : 5227F

Associated British Foods PLC

22 May 2026

 

Associated British Foods plc

 

Director/PDMR Shareholdings

 

22 May 2026

Conditional allocation of shares

A conditional allocation of ordinary shares of 515/22 pence in Associated British Foods plc (the 'Company') was made to each of the following directors of the Company on 21 May 2026 under the terms of the Associated British Foods plc 2025 Restricted Share Plan (the 'RSP') and the Associated British Foods plc 2025 Short-Term Incentive Plan (the 'STIP') (together the 'Plans'):

 

Director
No. of shares conditionally allocated under the RSP
No. of shares conditionally allocated under the STIP
Eoin Tonge
2,354
588
Joana Edwards
18,731
2,157

 

The allocation was made on the basis of an allocation price of 2,124.4 p (being the average of the daily closing prices for the shares over the five consecutive business days Monday 1 December 2025 to Friday 5 December 2025, being the period immediately preceding the main share allocation under these Plans on 8 December 2025). The awards reflect the appointment of these Executives to their new roles (as communicated on 5 March 2026).

 

The notifications for the directors below, which are made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation, provide further detail.

 

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
ABF Executive Director and Primark Chief Executive
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 2025 Restricted Share Plan, vesting in 2028, subject to certain performance underpins.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
2,354
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
[YYYY-MM-DD]
2026-05-21
f)
Place of the transaction
Outside a trading venue

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Eoin Tonge
2
Reason for the notification
a)
Position/status
ABF Executive Director and Primark Chief Executive
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 2025 Short-Term Incentive Plan, vesting in 2028, subject to certain performance conditions.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
588
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
[YYYY-MM-DD]
2026-05-21
f)
Place of the transaction
Outside a trading venue

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Joana Edwards
2
Reason for the notification
a)
Position/status
Group Chief Financial Officer
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 2025 Restricted Share Plan, vesting in 2028, subject to certain performance underpins.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
18,731
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
[YYYY-MM-DD]
2026-05-21
f)
Place of the transaction
Outside a trading venue

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Joana Edwards
2
Reason for the notification
a)
Position/status
Group Chief Financial Officer
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 2025 Short-Term Incentive Plan, vesting in 2028, subject to certain performance conditions.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
2,157
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
[YYYY-MM-DD]
2026-05-21
f)
Place of the transaction
Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
DSHELLFLQELBBBF