REG - Bakkavor Group PLC - Director/PDMR Shareholding

BakkavorAnnouncement

23/05/2023 07:00

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RNS Number : 2514A  Bakkavor Group PLC  23 May 2023

Bakkavor Group PLC

Transaction by PDMR

23 May 2023

 

Bakkavor Group plc

 

(the "Company" or "Bakkavor")

 

NOTIFICATION DEALING WITH GRANT OF AWARD TO PDMR

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them in
accordance with the Market Abuse Regulations.

LTIP Award

On 22 May 2023 the following award over ordinary shares of 2 pence in Bakkavor
Group plc was granted under the Bakkavor Group plc Long Term Incentive Plan to
the following person discharging managerial responsibilities:

 PDMR       No. of shares under Award  Type of Award
 Lee Miley  61,576                     Restricted Share Award

The award noted above is structured as a nil cost option.

The award will ordinarily become exercisable on the third anniversary of grant
subject to the grantee's continued service.

Notification

Details of the full notification received by the Company are set out below.

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Lee Miley
 2   Reason for Notification
 a)  Position/status                                              UK Finance Director
 b)  Initial notification/Amendment                               Initial Announcement
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Bakkavor Group plc
 b)  LEI                                                          213800COL7AD54YU9949
 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 2 pence each in Bakkavor Group plc

     Identification code

                                                                  GB00BF8J3Z99
 b)  Nature of the transaction                                    Grant of nil cost option Restricted Share Award under the Bakkavor Group plc
                                                                  Long Term Incentive Plan. The award will ordinarily become exercisable three
                                                                  years from the date of grant, subject to continued service and once
                                                                  exercisable may ordinarily be exercised at any point up until the tenth
                                                                  anniversary of the date of grant.
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil       61,576 Restricted Share Award under LTIP

 d)  Aggregated information

     -       Aggregated volume                                    N/A single transaction

     -     Price                                                  Nil
 e)  Date of the transaction                                      22 May 2023
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

-       Aggregated volume

-     Price

 

 

N/A single transaction

Nil

e)

Date of the transaction

22 May 2023

f)

Place of the transaction

Outside a trading venue

 

 

 

-Ends-

Enquiries

Company Secretarial:

Annabel Tagoe-Bannerman, Group General Counsel and Company
Secretary                       +44 (0) 20 7908 6130

 

Institutional investors and analysts:

Emily Daw, Group Financial Controller & Head of Investor
Relations
+44 (0) 20 7908 6114

About Bakkavor

We are the leading provider of fresh prepared food in the UK, and our presence
in the US and China positions the Group well in these, high-growth markets. We
leverage our consumer insight and scale to provide innovative food that offers
quality, choice, convenience, and freshness. Around 18,500 colleagues operate
from 44 sites across our three markets supplying a portfolio of over 2,900
products across meals, pizza & bread, salads and desserts to leading
grocery retailers in the UK and US, and international food brands in China.

 

LEI number: 213800COL7AD54YU9949

 

 

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