Premier Foods plc Premier Foods Fin - Director/PDMR Shareholding

Premier Foods

01/06/2026 14:46

RNS Number : 5149G
  
Premier Foods plc
  
01 June 2026
  
 


1 June 2026                                                        
 
Premier Foods plc (the "Company")
 
Notification of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs")
 
2026 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 29 May 2026 (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 28 March 2026.
 




Name


Title


Number of shares subject to option
 




Alex Whitehouse


Chief Executive Officer


112,249




Duncan Leggett


Chief Financial Officer


70,861




 
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. 
 
2026 Long Term Incentive Plan Award
On 29 May 2026 (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


627,308




Duncan Leggett


Chief Financial Officer


314,919




Jo Cullen


Chief Information Officer


124,449




Catherine Thompson (née Lloyd)


Chief Marketing Officer


137,524




Ruth McGowan


Chief Strategy and Transformation Officer


122,789




Steve Morton


Chief Supply Chain Officer


122,789




Matt Roberts


Chief Customer Officer


137,524




Simon Rose


General Counsel & Company Secretary


136,117




David Wilkinson


HR and Communications Director


142,514




 
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 2026 LTIP award are set out in the Company's FY25/26 Annual Report, which will be published on 2 June 2026 and available to view 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


112,249









d)
 


Aggregated information
- Aggregated volume
- Price


N/A
 




e)


Date of the transaction


29 May 2026




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


627,308









d)
 


Aggregated information
- Aggregated volume
- Price


N/A
 




e)


Date of the transaction


29 May 2026




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


70,861









d)
 


Aggregated information
- Aggregated volume
- Price


N/A
 




e)


Date of the transaction


29 May 2026




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


314,919









d)
 


Aggregated information
- Aggregated volume
- Price


N/A
 




e)


Date of the transaction


29 May 2026




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


124,449









d)
 


Aggregated information
- Aggregated volume
- Price


N/A
 




e)


Date of the transaction


29 May 2026




f)


Place of the transaction


Outside a trading venue




 
 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Catherine Thompson (née Lloyd)




2


Reason for the notification




a)


Position/status


Chief Marketing 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


137,524









d)
 


Aggregated information
- Aggregated volume
- Price


N/A
 




e)


Date of the transaction


29 May 2026




f)


Place of the transaction


Outside a trading venue




 
 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Ruth McGowan




2


Reason for the notification




a)


Position/status


Chief Strategy and Transformation 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


122,789









d)
 


Aggregated information
- Aggregated volume
- Price


N/A
 




e)


Date of the transaction


29 May 2026




f)


Place of the transaction


Outside a trading venue




 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Steve Morton




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


122,789









d)
 


Aggregated information
- Aggregated volume
- Price


N/A
 




e)


Date of the transaction


29 May 2026




f)


Place of the transaction


Outside a trading venue




 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Matt Roberts




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


137,524









d)
 


Aggregated information
- Aggregated volume
- Price


N/A
 




e)


Date of the transaction


29 May 2026




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


136,117









d)
 


Aggregated information
- Aggregated volume
- Price


N/A
 




e)


Date of the transaction


29 May 2026




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


142,514









d)
 


Aggregated information
- Aggregated volume
- Price


N/A
 




e)


Date of the transaction


29 May 2026




f)


Place of the transaction


Outside a trading venue




 
 
 
 




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