REG - Premier Foods plc Premier Foods Fin - Director/PDMR Shareholding
09/06/2025 15:00
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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 Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc
Identification code 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 N/A
- Aggregated volume
- Price
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 Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc
Identification code 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 N/A
- Aggregated volume
- Price
e) Date of the transaction 6 June 2025
f) Place of the transaction Outside a trading venue
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 Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc
Identification code 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 N/A
- Aggregated volume
- Price
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 Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc
Identification code 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 N/A
- Aggregated volume
- Price
e) Date of the transaction 6 June 2025
f) Place of the transaction Outside a trading venue
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 Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc
Identification code 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 N/A
- Aggregated volume
- Price
e) Date of the transaction 6 June 2025
f) Place of the transaction Outside a trading venue
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 Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc
Identification code 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 N/A
- Aggregated volume
- Price
e) Date of the transaction 6 June 2025
f) Place of the transaction Outside a trading venue
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 Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc
Identification code 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 N/A
- Aggregated volume
- Price
e) Date of the transaction 6 June 2025
f) Place of the transaction Outside a trading venue
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 Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc
Identification code 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 N/A
- Aggregated volume
- Price
e) Date of the transaction 6 June 2025
f) Place of the transaction Outside a trading venue
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 Ordinary shares of 10p each ("Shares") in the capital of Premier Foods plc
Identification code 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 N/A
- Aggregated volume
- Price
e) Date of the transaction 6 June 2025
f) Place of the transaction Outside a trading venue
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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