REG - Assoc British Foods - Director/PDMR Shareholding <Origin Href="QuoteRef">ABF.L</Origin>

Associated British FoodsAnnouncement

28/11/2017 14:35

RNS Number : 7549X
Associated British Foods PLC
28 November 2017
Associated British Foods plc
Director/PDMR Shareholdings
28 November 2017
Ordinary shares of 515/22pence in Associated British Foods plc (the 'Company'), awarded under the terms of the Associated British Foods Long Term Incentive Plan on 24 November 2014 at an allocation price of 3101.2p per share vested and were released on 24 November 2017 to the Company's two executive directors as follows: 
Director
No. of shares acquired on vesting
George Weston
32,969
John Bason
21,716
Over 24 and 27 November 2017, George Weston sold 15,543 shares at an average price of 3042.956p per share for the purpose of meeting his tax liability on the shares acquired on vesting. Over the same dates, John Bason sold 21,716 shares at an average price of 3042.956p per share, in part to meeting his tax liability on the shares acquired on vesting.
The notifications for each director below, which were made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provide further detail of the awards granted to each director.
ASSOCIATED BRITISH FOODS PLC
DIRECTOR/PDMR SHAREHOLDING
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
George Weston
2
Reason for the notification
a)
Position/status
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
Acquisition of shares on the vesting and release of an award under the terms of the Associated British Foods Long Term Incentive Plan. 
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
32,969
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
[YYYY-MM-DD]
2017-11-24
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
George Weston
2
Reason for the notification
a)
Position/status
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
Sale of a proportion of the shares acquired on the vesting and release of an award under the terms of the Associated British Foods Long Term Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3042.956p
15,543
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
[YYYY-MM-DD]
2017/11/27
f)
Place of the transaction
London Stock Exchange (XLON)
ASSOCIATED BRITISH FOODS PLC
DIRECTOR/PDMR SHAREHOLDING
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
John Bason
2
Reason for the notification
a)
Position/status
Finance Director
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
Acquisition of shares on the vesting and release of an award under the terms of the Associated British Foods Long Term Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s) 
N/A
21,716
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
[YYYY-MM-DD]
2017/11/24
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
John Bason
2
Reason for the notification
a)
Position/status
Finance Director
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
Sale of a proportion of the shares acquired on the vesting and release of an award under the terms of the Associated British Foods Long Term Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3042.956p
21,716
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
[YYYY-MM-DD]
2017/11/27
f)
Place of the transaction
London Stock Exchange (XLON)

This information is provided by RNS
The company news service from the London Stock Exchange
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