REG - Assoc.British Foods - Director/PDMR Shareholding

Associated British FoodsAnnouncement

22/11/2024 16:15

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RNS Number : 3936N  Associated British Foods PLC  22 November 2024

Associated British Foods plc

 

Director/PDMR Shareholdings

 

22 November 2024

Conditional allocation of shares

A conditional allocation of ordinary shares of 5(15/22) pence in Associated
British Foods plc (the 'Company') was made to each of the following directors
of the Company on 22 November 2024 under the terms of the Restricted Share
Plan 2022 (RSP) and the Associated British Foods plc 2016 Short-Term Incentive
Plan (the 'STIP Plan') (together the 'Plans'):

 

 Director       No. of shares conditionally allocated under the RSP  No. of shares conditionally allocated under the STIP Plan
 George Weston  69,598                                               27,839
 Eoin Tonge     43,571                                               17,428

 

The allocation was made on the basis of an allocation price of 2173.2 p (being
the average of the daily closing mid-market prices for the shares over the
five consecutive business days 15 to 21 November 2024 inclusive) in accordance
with the terms of the Plans.

 

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                                    Grant of conditional award under the terms of the Associated British Foods plc

                                                            Restricted Share Plan 2022, vesting in 2027, subject to certain performance
                                                                  underpins.
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  Nil       69,598

 d)  Aggregated information                                       N/A

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2024-11-22

      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 

2024-11-22

 

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                                    Grant of conditional award under the terms of the Associated British Foods plc

                                                            2016 Short-Term Incentive Plan, vesting in 2027, subject to certain
                                                                  performance conditions.
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  Nil       27,839

 d)  Aggregated information                                       N/A

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2024-11-22

      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 

2024-11-22

 

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                                    Grant of conditional award under the terms of the Associated British Foods plc

                                                            Restricted Share Plan 2022, vesting in 2027, subject to certain performance
                                                                  underpins.
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  Nil       43,571

 d)  Aggregated information                                       N/A

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2024-11-22

      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 

2024-11-22

 

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                                    Grant of conditional award under the terms of the Associated British Foods plc

                                                            2016 Short-Term Incentive Plan, vesting in 2027, subject to certain
                                                                  performance conditions.
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  Nil       17,428

 d)  Aggregated information                                       N/A

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2024-11-22

      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 

2024-11-22

 

f)

Place of the transaction

Outside a trading venue

 

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