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PFD Premier Foods Plc

159.80
4.00 (2.57%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Premier Foods Plc LSE:PFD London Ordinary Share GB00B7N0K053 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.00 2.57% 159.80 158.60 159.00 159.20 154.40 157.00 772,418 16:35:21
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Food Preparations, Nec 1.01B 91.6M 0.1054 15.09 1.38B

Premier Foods plc Director/PDMR Shareholding (3746X)

09/08/2018 2:02pm

UK Regulatory


Premier Foods (LSE:PFD)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Premier Foods Charts.

TIDMPFD TIDMIRSH

RNS Number : 3746X

Premier Foods plc

09 August 2018

9 August 2018

Premier Foods plc (the "Company")

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

2018 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 8 August 2018 (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 31 March 2018, as set out below.

 
 Name               Title                      Number of shares subject to options 
 Gavin Darby        Chief Executive Officer                                299,291 
                   -------------------------  ------------------------------------ 
 Alastair Murray    Chief Financial Officer                                124,565 
                   -------------------------  ------------------------------------ 
 

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.

2018 Long Term Incentive Plan Award

On 8 August 2018 (the "Grant Date") executive directors and members of the Executive Leadership Team of the Company (each a person discharging managerial responsibilities) were granted Performance Share 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 options 
 Gavin Darby        Chief Executive Officer                                                3,420,473 
                   -------------------------------------------  ------------------------------------ 
 Alastair Murray    Chief Financial Officer                                                1,525,287 
                   -------------------------------------------  ------------------------------------ 
 Jette Andersen     Managing Director, International                                         498,411 
                   -------------------------------------------  ------------------------------------ 
 Mark Hughes        Procurement & Central Operations Director                                588,705 
                   -------------------------------------------  ------------------------------------ 
 Alex Whitehouse    Managing Director, UK                                                    772,538 
                   -------------------------------------------  ------------------------------------ 
 David Wilkinson    Human Resources & Communications Director                                535,792 
                   -------------------------------------------  ------------------------------------ 
 

Each Performance Share 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 seventh 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 two-thirds 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 one-third of the total number of shares held under an award. No consideration was paid for the grant of the Performance Share Awards and no consideration shall be payable when a Performance Share Award is exercised.

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

ENQUIRIES:

For further information please contact:

Simon Wilbraham

Company Secretary

+44 (0) 1727 815 850

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Gavin Darby 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Chief Executive Officer 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 10p each ("Shares") 
       financial instrument,       in the capital of Premier Foods 
       type of instrument          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         299,291 
                                               ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     8 August 2018 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Alastair Murray 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Chief Financial Officer 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 10p each ("Shares") 
       financial instrument,       in the capital of Premier Foods 
       type of instrument          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         124,565 
                                               ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     8 August 2018 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Gavin Darby 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Chief Executive Officer 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 10p each ("Shares") 
       financial instrument,       in the capital of Premier Foods 
       type of instrument          plc 
       Identification code 
                                   ISIN: GB00B7N0K053 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Grant of a Performance Share Award 
                                   under the Premier Foods plc Long 
                                   Term Incentive Plan 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    Nil         3,420,473 
                                               ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     8 August 2018 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Alastair Murray 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Chief Financial Officer 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 10p each ("Shares") 
       financial instrument,       in the capital of Premier Foods 
       type of instrument          plc 
       Identification code 
                                   ISIN: GB00B7N0K053 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Grant of a Performance Share Award 
                                   under the Premier Foods plc Long 
                                   Term Incentive Plan 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    Nil         1,525,287 
                                               ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     8 August 2018 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Jette Andersen 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Managing Director, International 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 10p each ("Shares") 
       financial instrument,       in the capital of Premier Foods 
       type of instrument          plc 
       Identification code 
                                   ISIN: GB00B7N0K053 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Grant of a Performance Share Award 
                                   under the Premier Foods plc Long 
                                   Term Incentive Plan 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    Nil         498,411 
                                               ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     8 August 2018 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Mark Hughes 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Procurement & Central Operations 
                                   Director 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 10p each ("Shares") 
       financial instrument,       in the capital of Premier Foods 
       type of instrument          plc 
       Identification code 
                                   ISIN: GB00B7N0K053 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Grant of a Performance Share Award 
                                   under the Premier Foods plc Long 
                                   Term Incentive Plan 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    Nil         588,705 
                                               ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     8 August 2018 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Alex Whitehouse 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Managing Director, UK 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 10p each ("Shares") 
       financial instrument,       in the capital of Premier Foods 
       type of instrument          plc 
       Identification code 
                                   ISIN: GB00B7N0K053 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Grant of a Performance Share Award 
                                   under the Premier Foods plc Long 
                                   Term Incentive Plan 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    Nil         772,538 
                                               ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     8 August 2018 
     --------------------------  --------------------------------------- 
 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             Human Resources & Communications 
                                   Director 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 10p each ("Shares") 
       financial instrument,       in the capital of Premier Foods 
       type of instrument          plc 
       Identification code 
                                   ISIN: GB00B7N0K053 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Grant of a Performance Share Award 
                                   under the Premier Foods plc Long 
                                   Term Incentive Plan 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    Nil         535,792 
                                               ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     8 August 2018 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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August 09, 2018 09:02 ET (13:02 GMT)

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