Premier Foods plc Premier Foods Fin - Director/PDMR Shareholding

Premier Foods

09/06/2025 14:47

RNS Number : 0548M

Premier Foods plc

09 June 2025

 

9 June 2025                                                        

 

Premier Foods plc (the "Company")

 

Notification of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs")

 

2025 Deferred Bonus Plan Award

Pursuant to the Company's shareholder-approved Remuneration Policy, one-third of any annual bonus awarded to executive directors is delivered in the form of shares deferred for a three-year period. On 6 June 2025 (the "Grant Date"), executive directors of the Company were granted deferred bonus awards, over shares of 10p each in the Company, under the Premier Foods Deferred Bonus Plan (the "DBP") as part of their annual bonus award for the financial year ended 29 March 2025.

 

Name
Title
Number of shares subject to option
Alex Whitehouse
Chief Executive Officer
143,501
Duncan Leggett
Chief Financial Officer
74,364

 

Each deferred bonus award is structured as a nil cost option to acquire shares for nil consideration. They will normally vest and become exercisable under the DBP on the third anniversary of the Grant Date and remain exercisable until the tenth anniversary of the Grant Date. No consideration was paid for the grant of the deferred bonus awards and no consideration shall be payable when a deferred bonus award is exercised. 

 

2025/26 Long Term Incentive Plan Award

On 6 June 2025 (the "Grant Date"), the executive directors and members of the Executive Leadership Team of the Company (each a PDMR) were granted awards over ordinary shares of 10p each in the Company, under the Premier Foods Long Term Incentive Plan (the "LTIP"), as set out below.

 

Name
Title
Number of shares subject to option
Alex Whitehouse
Chief Executive Officer
598,455
Duncan Leggett
Chief Financial Officer
300,434
Jo Cullen
Chief Information Officer
118,725
Richard Martin
Chief Customer Officer
133,492
Simon Rose
General Counsel & Company Secretary
129,856
Paul Thompson
Chief Supply Chain Officer
150,373
David Wilkinson
HR and Communications Director
135,959

 

Each award is structured as a nil cost option to acquire shares for nil consideration. They will normally vest and become exercisable under the LTIP on the third anniversary of the Grant Date and remain exercisable until the day before the tenth anniversary of the Grant Date, subject to the participant continuing to hold an office or employment within the group and the achievement of two independent performance conditions. The first condition comprises of a relative total shareholder return based condition that will apply to 50% of the total number of shares held under an award and the second is an adjusted earnings per share based target that will apply to 50% of the total number of shares held under an award. No consideration was paid for the grant of the awards and no consideration shall be payable when an award is exercised. Details of the 2025/26 LTIP award are set out in the Company's Annual Report, which can be viewed on the Group's website (www.premierfoods.co.uk).

 

The notifications set out below are provided in accordance with the requirements of the Market Abuse Regulation.

 

 

ENQUIRIES:

 

For further information please contact:

Simon Rose

General Counsel & Company Secretary

+44 (0) 1727 815 850

 

 

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Alex Whitehouse
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Premier Foods plc
b)
LEI
213800ZD5I8XHNMCJA67
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
Identification code
Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc
ISIN: GB00B7N0K053
b)
Nature of the transaction
Grant of award under the Premier Foods plc Deferred Bonus Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
143,501
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
6 June 2025
f)
Place of the transaction
Outside a trading venue
5
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
Identification code
Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc

 ISIN: GB00B7N0K053
b)
Nature of the transaction
Grant of award under the Premier Foods plc Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
598,455
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
6 June 2025
f)
Place of the transaction
Outside a trading venue

 

 

 

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Duncan Leggett
2
Reason for the notification
a)
Position/status
Chief Financial Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Premier Foods plc
b)
LEI
213800ZD5I8XHNMCJA67
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
Identification code
Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc
ISIN: GB00B7N0K053
b)
Nature of the transaction
Grant of award under the Premier Foods plc Deferred Bonus Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
74,364
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
6 June 2025
f)
Place of the transaction
Outside a trading venue
5
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
Identification code
Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc

 ISIN: GB00B7N0K053
b)
Nature of the transaction
Grant of award under the Premier Foods plc Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
300,434
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
6 June 2025
f)
Place of the transaction
Outside a trading venue

 

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Jo Cullen
2
Reason for the notification
a)
Position/status
Chief Information Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Premier Foods plc
b)
LEI
213800ZD5I8XHNMCJA67
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
Identification code
Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc

 ISIN: GB00B7N0K053
b)
Nature of the transaction
Grant of award under the Premier Foods plc Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
118,725
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
6 June 2025
f)
Place of the transaction
Outside a trading venue

 

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Richard Martin
2
Reason for the notification
a)
Position/status
Chief Customer Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Premier Foods plc
b)
LEI
213800ZD5I8XHNMCJA67
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
Identification code
Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc

 ISIN: GB00B7N0K053
b)
Nature of the transaction
Grant of award under the Premier Foods plc Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
133,492
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
6 June 2025
f)
Place of the transaction
Outside a trading venue

 

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Simon Rose
2
Reason for the notification
a)
Position/status
General Counsel & Company Secretary
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Premier Foods plc
b)
LEI
213800ZD5I8XHNMCJA67
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
Identification code
Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc

 ISIN: GB00B7N0K053
b)
Nature of the transaction
Grant of award under the Premier Foods plc Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
129,856
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
6 June 2025
f)
Place of the transaction
Outside a trading venue

 

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Paul Thompson
2
Reason for the notification
a)
Position/status
Chief Supply Chain Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Premier Foods plc
b)
LEI
213800ZD5I8XHNMCJA67
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
Identification code
Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc

 ISIN: GB00B7N0K053
b)
Nature of the transaction
Grant of award under the Premier Foods plc Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
150,373
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
6 June 2025
f)
Place of the transaction
Outside a trading venue

 

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
David Wilkinson
2
Reason for the notification
a)
Position/status
HR and Communications Director
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Premier Foods plc
b)
LEI
213800ZD5I8XHNMCJA67
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
Identification code
Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc

 ISIN: GB00B7N0K053
b)
Nature of the transaction
Grant of award under the Premier Foods plc Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
135,959
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
6 June 2025
f)
Place of the transaction
Outside a trading venue

 

 

 

 

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