Associated British Foods PLC Director/PDMR Shareholding (0540S)

TIDMABF

RNS Number : 0540S

Associated British Foods PLC

06 March 2023

Associated British Foods plc ('the Company')

Director/PDMR Shareholdings

6 March 2023

Conditional allocation of shares

A conditional allocation of ordinary shares of 5(15/22) pence in the Company was made to the following director of the Company on 3 March 2023 under the terms of the Associated British Foods plc Restricted Share Plan 2022

(the 'RSP') and the Associated British Foods plc 2016 Short-Term Incentive Plan   (the 'STIP'). 
 
 Director      No. of shares conditionally   No. of shares conditionally 
                allocated under the RSP       allocated under the STIP 
 Eoin Tonge    54,420                        18,745 
              ----------------------------  ---------------------------- 
 

The allocation was made on the basis of an allocation price of 1665.3 pence (being the average of the daily closing mid-market prices for the shares over the five consecutive business days 2 to 8 December 2022 inclusive, being the period immediately preceding the main share allocation under these plans on 9 December 2022).

The notifications for the director below, which are made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provide further details of the conditional allocation.

ASSOCIATED BRITISH FOODS PLC

DIRECTOR/PDMR SHAREHOLDING

 
      Details of the person discharging managerial responsibilities/person 
  1    closely associated 
 a)   Name                       Eoin Tonge 
     =========================  ================================================ 
      Reason for the notification 
  2 
     =========================================================================== 
 a)   Position/status            Finance Director Designate 
     =========================  ================================================ 
 b)   Initial notification/      Initial notification 
       Amendment 
     =========================  ================================================ 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     =========================================================================== 
 a)   Name                       Associated British Foods plc 
     =========================  ================================================ 
 b)   LEI                        GBQKSY6W7G0OHCQ8OQ72 
     =========================  ================================================ 
      Details of the transaction(s): section to be repeated for 
  4    (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             Ordinary shares of 5(15/22) p 
       the financial 
       instrument, type 
       of instrument 
                                  GB0006731235 
       Identification 
       code 
     =========================  ================================================ 
 b)   Nature of the              Grant of conditional award under the terms 
       transaction                of the Associated British Foods plc Restricted 
                                  Share Plan 2022, vesting on 17 November 2025, 
                                  subject to certain performance underpins. 
     =========================  ================================================ 
 c)   Price(s) and                 Price(s)    Volume(s) 
       volume(s)                    N/A         54,420 
                                               ---------- 
     =========================  ================================================ 
 d)   Aggregated information     N/A 
        *    Aggregated volume 
 
 
        *    Price 
     =========================  ================================================ 
 e)   Date of the transaction    2023-03-03 
       [YYYY-MM-DD] 
     =========================  ================================================ 
 f)   Place of the               Outside a trading venue 
       transaction 
     =========================  ================================================ 
 

ASSOCIATED BRITISH FOODS PLC

DIRECTOR/PDMR SHAREHOLDING

 
      Details of the person discharging managerial responsibilities/person 
  1    closely associated 
 a)   Name                       Eoin Tonge 
     =========================  ================================================= 
      Reason for the notification 
  2 
     ============================================================================ 
 a)   Position/status            Finance Director Designate 
     =========================  ================================================= 
 b)   Initial notification/      Initial notification 
       Amendment 
     =========================  ================================================= 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ============================================================================ 
 a)   Name                       Associated British Foods plc 
     =========================  ================================================= 
 b)   LEI                        GBQKSY6W7G0OHCQ8OQ72 
     =========================  ================================================= 
      Details of the transaction(s): section to be repeated for 
  4    (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             Ordinary shares of 5(15/22) p 
       the financial 
       instrument, type 
       of instrument 
                                  GB0006731235 
       Identification 
       code 
     =========================  ================================================= 
 b)   Nature of the              Grant of conditional award under the terms 
       transaction                of the Associated British Foods plc 2016 Short 
                                  Term Incentive Plan, vesting on 17 November 
                                  2025, subject to certain performance underpins. 
     =========================  ================================================= 
 c)   Price(s) and                 Price(s)    Volume(s) 
       volume(s)                    N/A         18,745 
                                               ---------- 
     =========================  ================================================= 
 d)   Aggregated information     N/A 
        *    Aggregated volume 
 
 
        *    Price 
     =========================  ================================================= 
 e)   Date of the transaction    2023-03-03 
       [YYYY-MM-DD] 
     =========================  ================================================= 
 f)   Place of the               Outside a trading venue 
       transaction 
     =========================  ================================================= 
 

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END

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March 06, 2023 11:36 ET (16:36 GMT)