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REG - Assoc.British Foods - Director/PDMR Shareholding

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RNS Number : 0569F  Associated British Foods PLC  05 July 2023

Associated British Foods plc ('the Company')

 

Director/PDMR Shareholdings

 

5 July 2023

Award of shares

In connection with the buyout of a forfeited incentive scheme award granted by
his former employer (the M&S 22-23 STIP), on 3 July 2023 the Company's
Finance Director, Eoin Tonge, received a transfer of 27,459 ordinary shares of
5(15/22) pence in the Company in accordance with the provisions of Listing
Rule 9.4.2(2).

 

Vesting of shares

In addition, on 3 July 2023, Mr Tonge received a transfer of 68,751 Ordinary
shares of 5(15/22) pence in the Company, on the vesting of awards granted to
him on 3 March 2023 (as announced on 6 March 2023).

 

Sale of shares

On 3 July 2023, Mr Tonge sold 45,355 shares at a price of 2006.7p per share
for the purpose of meeting his tax liabilities on the shares acquired in
respect of the above.

The notifications for the director below, which are made in accordance with
the requirements of Article 19 of the 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                                              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  Ordinary shares of 5(15/22)p

     Identification code

                                                                  GB0006731235
 b)  Nature of the transaction                                    Acquisition of shares of shares in lieu of the M&S 22-23 STIP

 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  Nil       27,459

 d)  Aggregated information                                       N/A

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2023-07-03

      YYYY-MM-DD 
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

 YYYY-MM-DD 

2023-07-03

 

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

 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  Ordinary shares of 5(15/22)p

     Identification code

                                                                  GB0006731235
 b)  Nature of the transaction                                    Acquisition of shares on the vesting of an award in lieu of the M&S RSP

                                                            awards.

 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  Nil       22,656

 d)  Aggregated information                                       N/A

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2023-07-03

      YYYY-MM-DD 
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

 YYYY-MM-DD 

2023-07-03

 

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

 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  Ordinary shares of 5(15/22)p

     Identification code

                                                                  GB0006731235
 b)  Nature of the transaction                                    Acquisition of shares on the vesting of an award in lieu of the M&S 20-23

                                                            PSP.

 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  Nil       46,095

 d)  Aggregated information                                       N/A

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2023-07-03

      YYYY-MM-DD 
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

 YYYY-MM-DD 

2023-07-03

 

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

 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  Ordinary shares of 5(15/22)p

     Identification code

                                                                  GB0006731235
 b)  Nature of the transaction                                    Sale of shares to cover tax liabilities.

 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  2006.7p   45,355

 d)  Aggregated information                                       N/A

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2023-07-03

      YYYY-MM-DD 
 f)  Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

 YYYY-MM-DD 

2023-07-03

 

f)

Place of the transaction

London Stock Exchange (XLON)

 

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