TIDMABF

RNS Number : 2673X

Associated British Foods PLC

22 November 2017

Associated British Foods plc

Director/PDMR Shareholdings

22 November 2017

A conditional allocation of ordinary shares of 5(15/22) pence in Associated British Foods plc (the 'Company') was made to each of the following directors of the Company on 20 November 2017 under the terms of the Associated British Foods plc 2016 Long-Term Incentive Plan (the 'LTIP Plan'), and the Associated British Foods plc 2016 Short-Term Incentive Plan (the 'STIP Plan'), (together the '2016 Plans'):

 
 Director         No. of shares conditionally   No. of shares conditionally 
                   allocated under               allocated under the 
                   the LTIP plan                 STIP plan 
---------------  ----------------------------  ---------------------------- 
 George Weston    69,696                        17,424 
---------------  ----------------------------  ---------------------------- 
 John Bason       45,901                        11,475 
---------------  ----------------------------  ---------------------------- 
 

The allocation was made on the basis of an allocation price of 3076.2 pence (being the average of the daily closing mid-market prices for the shares over the five consecutive business days 13 to 17 November inclusive) in accordance with the terms of the 2016 Plans.

The notifications for each director below, which were made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provide further detail of the awards granted to each director.

ASSOCIATED BRITISH FOODS PLC

DIRECTOR/PDMR SHAREHOLDING

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
===  ================================================================= 
 a)   Name                       George Weston 
===  =========================  ====================================== 
 2    Reason for the notification 
===  ================================================================= 
 a)   Position/status            Chief Executive 
===  =========================  ====================================== 
 b)   Initial notification/ 
       Amendment                   Initial notification 
===  =========================  ====================================== 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
===  ================================================================= 
 a)   Name                       Associated British Foods plc 
===  =========================  ====================================== 
 b)   LEI                        GBQKSY6W7G0OHCQ8OQ72 
===  =========================  ====================================== 
 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                Ordinary shares of 5(15/22) p 
       of the financial 
       instrument, 
       type of instrument 
                                  GB0006731235 
       Identification 
       code 
===  =========================  ====================================== 
 b)   Nature of 
       the transaction             Grant of conditional award under 
                                   the terms of the Associated British 
                                   Foods plc "2016 Long Term Incentive 
                                   Plan", vesting in 2020, subject 
                                   to certain performance conditions. 
===  =========================  ====================================== 
 c)   Price(s) and                 Price(s)    Volume(s) 
       volume(s)                   ----------  ---------- 
                                    N/A         69,696 
                                   ----------  ---------- 
===  =========================  ====================================== 
 d)   Aggregated                 N/A 
       information 
        *    Aggregated volume 
 
 
        *    Price 
===  =========================  ====================================== 
 e)   Date of the                2017-11-20 
       transaction 
       [YYYY-MM-DD] 
===  =========================  ====================================== 
 f)   Place of the               Outside a trading venue 
       transaction 
===  =========================  ====================================== 
 

ASSOCIATED BRITISH FOODS PLC

DIRECTOR/PDMR SHAREHOLDING

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
===  ================================================================== 
 a)   Name                       George Weston 
===  =========================  ======================================= 
 2    Reason for the notification 
===  ================================================================== 
 a)   Position/status            Chief Executive 
===  =========================  ======================================= 
 b)   Initial notification/ 
       Amendment                   Initial notification 
===  =========================  ======================================= 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
===  ================================================================== 
 a)   Name                       Associated British Foods plc 
===  =========================  ======================================= 
 b)   LEI                        GBQKSY6W7G0OHCQ8OQ72 
===  =========================  ======================================= 
 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                Ordinary shares of 5(15/22) p 
       of the financial 
       instrument, 
       type of instrument 
                                  GB0006731235 
       Identification 
       code 
===  =========================  ======================================= 
 b)   Nature of 
       the transaction             Grant of conditional award under 
                                   the terms of the Associated British 
                                   Foods plc "2016 Short Term Incentive 
                                   Plan", vesting in 2020, subject 
                                   to certain performance conditions. 
===  =========================  ======================================= 
 c)   Price(s) and                 Price(s)    Volume(s) 
       volume(s)                   ----------  ---------- 
                                    N/A         17,424 
                                   ----------  ---------- 
===  =========================  ======================================= 
 d)   Aggregated                 N/A 
       information 
        *    Aggregated volume 
 
 
        *    Price 
===  =========================  ======================================= 
 e)   Date of the                2017/11/20 
       transaction 
       [YYYY-MM-DD] 
===  =========================  ======================================= 
 f)   Place of the               Outside a trading venue 
       transaction 
===  =========================  ======================================= 
 

ASSOCIATED BRITISH FOODS PLC

DIRECTOR/PDMR SHAREHOLDING

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
===  ================================================================= 
 a)   Name                       John Bason 
===  =========================  ====================================== 
 2    Reason for the notification 
===  ================================================================= 
 a)   Position/status            Finance Director 
===  =========================  ====================================== 
 b)   Initial notification/ 
       Amendment                   Initial notification 
===  =========================  ====================================== 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
===  ================================================================= 
 a)   Name                       Associated British Foods plc 
===  =========================  ====================================== 
 b)   LEI                        GBQKSY6W7G0OHCQ8OQ72 
===  =========================  ====================================== 
 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                Ordinary shares of 5(15/22) p 
       of the financial 
       instrument, 
       type of instrument 
                                  GB0006731235 
       Identification 
       code 
===  =========================  ====================================== 
 b)   Nature of 
       the transaction             Grant of conditional award under 
                                   the terms of the Associated British 
                                   Foods plc "2016 Long Term Incentive 
                                   Plan", vesting in 2020, subject 
                                   to certain performance conditions. 
===  =========================  ====================================== 
 c)   Price(s) and                 Price(s)    Volume(s) 
       volume(s)                   ----------  ---------- 
                                    N/A         45,901 
                                   ----------  ---------- 
===  =========================  ====================================== 
 d)   Aggregated                 N/A 
       information 
        *    Aggregated volume 
 
 
        *    Price 
===  =========================  ====================================== 
 e)   Date of the                2017/11/20 
       transaction 
       [YYYY-MM-DD] 
===  =========================  ====================================== 
 f)   Place of the               Outside a trading venue 
       transaction 
===  =========================  ====================================== 
 

ASSOCIATED BRITISH FOODS PLC

DIRECTOR/PDMR SHAREHOLDING

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
===  ================================================================== 
 a)   Name                       John Bason 
===  =========================  ======================================= 
 2    Reason for the notification 
===  ================================================================== 
 a)   Position/status            Finance Director 
===  =========================  ======================================= 
 b)   Initial notification/ 
       Amendment                   Initial notification 
===  =========================  ======================================= 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
===  ================================================================== 
 a)   Name                       Associated British Foods plc 
===  =========================  ======================================= 
 b)   LEI                        GBQKSY6W7G0OHCQ8OQ72 
===  =========================  ======================================= 
 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                Ordinary shares of 5(15/22) p 
       of the financial 
       instrument, 
       type of instrument 
                                  GB0006731235 
       Identification 
       code 
===  =========================  ======================================= 
 b)   Nature of 
       the transaction             Grant of conditional award under 
                                   the terms of the Associated British 
                                   Foods plc "2016 Short Term Incentive 
                                   Plan", vesting in 2020, subject 
                                   to certain performance conditions. 
===  =========================  ======================================= 
 c)   Price(s) and                 Price(s)    Volume(s) 
       volume(s)                   ----------  ---------- 
                                    N/A         11,475 
                                   ----------  ---------- 
===  =========================  ======================================= 
 d)   Aggregated                 N/A 
       information 
        *    Aggregated volume 
 
 
        *    Price 
===  =========================  ======================================= 
 e)   Date of the                2017/11/20 
       transaction 
       [YYYY-MM-DD] 
===  =========================  ======================================= 
 f)   Place of the               Outside a trading venue 
       transaction 
===  =========================  ======================================= 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 22, 2017 09:56 ET (14:56 GMT)

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