Picture of Finsbury Food logo

FIF Finsbury Food News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer DefensivesBalancedSmall Cap

REG - Finsbury Food Group - PDMR and PCA Dealings

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220705:nRSE3795Ra&default-theme=true

RNS Number : 3795R  Finsbury Food Group PLC  05 July 2022

 Date:          5 July 2022
 On behalf of:  Finsbury Food Group Plc ('Finsbury', 'the Company' or 'the Group')

 

Finsbury Food Group Plc

PDMR and PCA Dealings

 

Finsbury Food Group Plc (AIM: FIF), a leading UK speciality bakery
manufacturer of cake, bread and morning goods for the retail and foodservice
channels, confirms that it has received notification that Nicola Boyd, a
person closely associated with Stephen Boyd, Group Finance Director, has
transferred 84,514 ordinary shares of Finsbury to a shareholding account
through a process of dematerialisation with no resulting change in beneficial
ownership.  Following the transfer, Mr and Mrs Boyd's combined interest
remains 1,280,057 Ordinary Shares representing approximately 0.98% of the
Company's total issued share capital

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     Nicola Boyd
 2   Reason for the notification
 a)  Position/Status:                          Person Closely Associated with Stephen Boyd, Group Finance Director

 b)  Initial Notification/Amendment:           Initial Notification

 3   Details of the issuer, emission allowance market participation, auction
     platform, auctioneer or auction monitor
 a)  Name:                                     Finsbury Food Group Plc
 b)  LEI:                                      213800NP5Y3DYJM1MF44
 4.  Details of 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:  Ordinary Shares of 1 pence each

     Identification code:                      ISIN: GB0009186429
 b)  Nature of the transaction:                Dematerialisation of certificated shares with no change in beneficial

                                         ownership.

 c)  Price(s) and volume(s):

Price  Volume
                                               Nil    84,514

 
 d)  Aggregated volume:                        N/A

     Price:
 e)  Date of the Transaction:                  21 June 2022

 f)  Place of the Transaction:                 Outside a trading venue

 

d)

Aggregated volume:

Price:

N/A

e)

Date of the Transaction:

21 June 2022

 

f)

Place of the Transaction:

Outside a trading venue

 

 

 

For further information:

 

Finsbury Food
Group                       www.finsburyfoods.co.uk
(http://www.finsburyfoods.co.uk/)                  029 20 357
500

John Duffy (Chief Executive Officer)

Steve Boyd (Finance Director)

 

Panmure Gordon (UK)
Limited                                                                 020
7886 2500

Oliver Cardigan (Corporate Finance)

Atholl Tweedie

Erik Anderson (Corporate Broking)

Edward Walsh

 

Alma
PR                                          finsbury@almapr.co.uk
(mailto:finsbury@almapr.co.uk)
                        020 3405 0205

Sam Modlin

David Ison

 

 

Notes to editors:

·      Finsbury Food Group Plc (AIM: FIF) is a leading UK manufacturer
of cake and bread bakery goods, supplying a broad range of blue-chip customers
within both the grocery retail and 'out of home eating' foodservice sectors
including major multiples and leading foodservice providers.

·      The Company is one of the largest speciality bakery groups in the
UK and, with its Overseas division, has sales in the financial year ending 26
June 2021 exceeding £313m.

·      The Company's bakery product range is comprehensive and includes:

·      Large premium and celebration cakes.

·      Small snacking cake formats such as cake slices and bites.

·      Artisan, healthy lifestyle and organic breads through to rolls,
muffins (sweet and savoury) and morning pastries, all of which are available
both fresh and frozen dependent on customer channel requirements.

·      Gluten Free bread, morning goods and cake ranges.

·      The Company is one of the largest ambient cake manufacturers in
the UK, a market valued at £1bn (source: IRI 52 w/e 1(st) January 2022). The
retail bread and morning goods market has a value of £5.2 billion (source:
Kantar Worldpanel 52 w/e 26th December 2021). The retail Free From cake market
is valued at £54 million (source: Kantar Worldpanel 52 w/e 26th December
2021). The retail Free From bread & morning goods market is valued at
£153 million (source: Kantar Worldpanel 52 w/e 26th December 2021).

·      The Company comprises a core UK Bakery division and an Overseas
division:

·      The UK Bakery division has manufacturing sites in Cardiff, East
Kilbride, Hamilton, Salisbury, Sheffield, Manchester, and Pontypool.

·      The Overseas division comprises the Company's 85% owned company,
Lightbody Stretz Ltd, which supplies and distributes the Group's
UK-manufactured products and third-party products, primarily to Europe, and
the Company's manufacturing facilities in Rybarzowice and Zywiec in Poland.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHBKPBDKBKDKOK

Recent news on Finsbury Food

See all news