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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Finsbury Food Group Plc | LSE:FIF | London | Ordinary Share | GB0009186429 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 110.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMFIF
RNS Number : 8727L
Finsbury Food Group PLC
08 September 2023
Date: 08 September 2023 On behalf Finsbury Food Group Plc ('Finsbury', 'the Company' or of: 'the Group') For immediate release
Finsbury Food Group Plc
PDMR Dealing - Dividend Reinvestment Plan
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 Bob Beveridge, a Non-Executive Director of the Company has acquired 1,445 Ordinary Shares in the Company pursuant to a standing instruction in relation to a dividend reinvestment plan ("DRIP").
Following the acquisitions, Mr Beveridge has an interest in 15,445 Ordinary Shares representing approximately 0.012% of the Company's total issued share capital.
1 Details of the person discharging managerial responsibilities/person closely associated a) Name: Robert Beveridge ------------------------------------ --------------------------------- 2 Reason for the notification ----------------------------------------------------------------------- a) Position/Status: Non-Executive 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 Ordinary Shares of 1 pence instrument: each Identification code: ISIN: GB0009186429 ------------------------------------ --------------------------------- b) Nature of the transaction: Acquisition of Ordinary Shares pursuant to a DRIP. ------------------------------------ --------------------------------- c) Price(s) and volume(s): Price Volume 1) 79.9p 193 ------- 2) 98.4p 330 ------- 3) 99.9p 341 ------- 4) 67.2p 174 ------- 5) 90.6p 268 ------- 6) 93.0p 139 ------- ------------------------------------ --------------------------------- d) Aggregated volume: 1. Single Transaction Price: 2. Single Transaction 3. Single Transaction 4. Single Transaction 5. Single Transaction 6. Single Transaction ------------------------------------ --------------------------------- e) Date of the Transaction: 1. 13 May 2019 2. 13 January 2020 3. 14 January 2022 4. 12 May 2022 5. 12 January 2023 6. 12 May 2023 ------------------------------------ --------------------------------- f) Place of the Transaction: London Stock Exchange ------------------------------------ ---------------------------------
Contact:
Finsbury Food Group John Duffy (Chief Executive Officer) Steve Boyd (Finance Director) www.finsburyfoods.co.uk 029 20 357 500 Panmure Gordon (UK) Limited Dominic Morley Atholl Tweedie Rupert Dearden 020 7886 2500 Alma PR Sam Modlin Rebecca Sanders-Hewett Matthew Young finsbury@almapr.co.uk 020 3405 0205
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, had sales in the financial year ending 2 July 2022 exceeding GBP356 million.
-- 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 GBP1.1 billion (source: IRI 52 w/e 17 June 2023). The retail bread and morning goods market has a value of GBP5.9 billion (source: Kantar Worldpanel 52 w/e 16 April 2023). The retail Free From cake market is valued at GBP65.6 million (source: Kantar Worldpanel 52 w/e 16 April 2023). The retail Free From bread and morning goods market is valued at GBP178.3 million (source: Kantar Worldpanel 52 w/e 16 April 2023).
-- 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, Pontypool and now Coatbridge.
-- The Overseas division comprises the Company's 85% owned company, Lightbody-Stretz Limited, which supplies and distributes the Group's UK-manufactured products and third-party products, in Europe, and the Company's manufacturing facilities in Rybarzowice and ywiec in Poland.
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END
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(END) Dow Jones Newswires
September 08, 2023 05:08 ET (09:08 GMT)
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