REG - Assoc.British Foods - Director/PDMR Shareholding
21/11/2024 16:30
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RNS Number : 2178N Associated British Foods PLC 21 November 2024
Associated British Foods plc
Director/PDMR Shareholdings
21 November 2024
Vesting and sale of shares
Ordinary shares of 5(15/22) pence in Associated British Foods plc (the
'Company'), awarded on 19 November 2021 under the terms of the Associated
British Foods plc 2016 Long-Term Incentive Plan (the 'LTIP Plan') and the
Associated British Foods plc 2016 Short-Term Incentive Plan (the 'STIP Plan'),
vested and were released on 19 November 2024 to the Company's Chief Executive,
George Weston, as follows:
Director No. of shares acquired on vesting under the LTIP Plan No. of shares acquired on vesting under the STIP Plan
George Weston 106,809 13,366
On 19 November 2024, George Weston sold 56,653 shares at an average price of
2160.7345 p per share for the purpose of meeting his tax liabilities on the
shares acquired in respect of the above.
Vesting and sale of shares
Ordinary shares of 5(15/22) pence in Associated British Foods plc (the
'Company'), awarded on 3 March 2023 in lieu of the M&S 2021-24 PSP, vested
and were released on 19 November 2024 to the Company's Finance Director, Eoin
Tonge, as follows:
Director No. of shares acquired on vesting in lieu of the M&S 2021-24 PSP award
Eoin Tonge 73,265
On 19 November 2024, Eoin Tonge sold 34,539 shares at an average price of
2160.7345 p per share for the purpose of meeting his tax liabilities on the
shares acquired in respect of the above.
The notifications for the directors 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 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 Ordinary shares of 5(15/22)p
Identification code
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 plc Long‐Term Incentive Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 106,809
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 2024-11-19
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
2024-11-19
f)
Place of the transaction
Outside a trading venue
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 Ordinary shares of 5(15/22)p
Identification code
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 plc Short‐Term Incentive Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 13,366
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 2024-11-19
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
2024-11-19
f)
Place of the transaction
Outside a trading venue
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 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)
2160.7345p 56,653
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 2024-11-19
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
2024-11-19
f)
Place of the transaction
London Stock Exchange (XLON)
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 and release of an award in lieu of the
M&S 2021-24 PSP.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 73,265
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 2024-11-19
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
2024-11-19
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 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)
2160.7345p 34,539
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 2024-11-19
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
2024-11-19
f)
Place of the transaction
London Stock Exchange (XLON)
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