Associated British Foods PLC Director/PDMR Shareholding (5245U)
23 Novembre 2023 - 6:32PM
UK Regulatory
TIDMABF
RNS Number : 5245U
Associated British Foods PLC
23 November 2023
Associated British Foods plc
Director/PDMR Shareholdings
23 November 2023
Vesting and sale of shares
Ordinary shares of 5(15/22) pence in Associated British Foods
plc (the 'Company'), awarded on 20 November 2020 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'), vested and were released on 20
November 2023 to the Company's Chief Executive, George Weston, as
follows:
Director No. of shares acquired No. of shares acquired
on vesting under the LTIP on vesting under the
Plan STIP Plan
George Weston 63,063 13,484
--------------------------- -----------------------
On 21 November 2023, George Weston sold 36,086 shares at an
average price of 2349.5488 p per share for the purpose of meeting
his tax liabilities on the shares acquired in respect of the
above.
Conditional allocation of shares
A conditional allocation of ordinary shares of 5(15/22) pence in
the Company was made to each of the following directors of the
Company on 23 November 2023 under the terms of the Restricted Share
Plan 2022 (RSP) and the STIP Plan (together the 'Plans'):
Director No. of shares conditionally No. of shares conditionally
allocated under the RSP allocated under the STIP
Plan
George Weston 61,293 24,517
---------------------------- ----------------------------
Eoin Tonge 38,374 15,350
---------------------------- ----------------------------
The allocation was made on the basis of an allocation price of
2361.6 p (being the average of the daily closing mid-market prices
for the shares over the five consecutive business days 16 to 22
November 2023 inclusive) in accordance with the terms of the
Plans.
The notifications for the directors below, which are made in
accordance with the requirements of Article 19 of the Market Abuse
Regulation, provide further detail.
ASSOCIATED BRITISH FOODS PLC
DIRECTOR/PDMR SHAREHOLDING
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name George Weston
========================= =================================================
Reason for the notification
2
============================================================================
a) Position/status Chief Executive
========================= =================================================
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 Acquisition of shares on the vesting and release
transaction of an award under the terms of the Associated
British Foods plc Long--Term Incentive Plan.
========================= =================================================
c) Price(s) and Price(s) Volume(s)
volume(s) Nil 63,063
----------
========================= =================================================
d) Aggregated information N/A
* Aggregated volume
* Price
========================= =================================================
e) Date of the transaction 2023-11-20
[YYYY-MM-DD]
========================= =================================================
f) Place of the Outside a trading venue
transaction
========================= =================================================
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name George Weston
========================= ============================================
Reason for the notification
2
=======================================================================
a) Position/status Chief Executive
========================= ============================================
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 Acquisition of shares on the vesting and
transaction release of an award under the terms of the
Associated British Foods plc Short--Term
Incentive Plan.
========================= ============================================
c) Price(s) and Price(s) Volume(s)
volume(s) Nil 13,484
----------
========================= ============================================
d) Aggregated information N/A
* Aggregated volume
* Price
========================= ============================================
e) Date of the transaction 2023-11-20
[YYYY-MM-DD]
========================= ============================================
f) Place of the Outside a trading venue
transaction
========================= ============================================
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name George Weston
=========================== ==========================================
Reason for the notification
2
=======================================================================
a) Position/status Chief Executive
=========================== ==========================================
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 Sale of shares to cover tax liabilities
transaction
=========================== ==========================================
c) Price(s) and Price(s) Volume(s)
volume(s) 2349.5488p 36,086
----------
=========================== ==========================================
d) Aggregated information N/A
* Aggregated volume
* Price
=========================== ==========================================
e) Date of the transaction 2023-11-21
[YYYY-MM-DD]
=========================== ==========================================
f) Place of the London Stock Exchange (XLON)
transaction
=========================== ==========================================
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name George Weston
========================= ================================================
Reason for the notification
2
===========================================================================
a) Position/status Chief Executive
========================= ================================================
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 in 2026, subject
to certain performance underpins.
========================= ================================================
c) Price(s) and Price(s) Volume(s)
volume(s) Nil 61,293
----------
========================= ================================================
d) Aggregated information N/A
* Aggregated volume
* Price
========================= ================================================
e) Date of the transaction 2023-11-23
[YYYY-MM-DD]
========================= ================================================
f) Place of the Outside a trading venue
transaction
========================= ================================================
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name George Weston
========================= =============================================
Reason for the notification
2
========================================================================
a) Position/status Chief Executive
========================= =============================================
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 in 2026,
subject to certain performance conditions.
========================= =============================================
c) Price(s) and Price(s) Volume(s)
volume(s) Nil 24,517
----------
========================= =============================================
d) Aggregated information N/A
* Aggregated volume
* Price
========================= =============================================
e) Date of the transaction 2023-11-23
[YYYY-MM-DD]
========================= =============================================
f) Place of the Outside a trading venue
transaction
========================= =============================================
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
========================= ================================================
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 in 2026, subject
to certain performance underpins.
========================= ================================================
c) Price(s) and Price(s) Volume(s)
volume(s) Nil 38,374
----------
========================= ================================================
d) Aggregated information N/A
* Aggregated volume
* Price
========================= ================================================
e) Date of the transaction 2023-11-23
[YYYY-MM-DD]
========================= ================================================
f) Place of the Outside a trading venue
transaction
========================= ================================================
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
========================= =============================================
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 in 2026,
subject to certain performance conditions.
========================= =============================================
c) Price(s) and Price(s) Volume(s)
volume(s) Nil 15,350
----------
========================= =============================================
d) Aggregated information N/A
* Aggregated volume
* Price
========================= =============================================
e) Date of the transaction 2023-11-23
[YYYY-MM-DD]
========================= =============================================
f) Place of the Outside a trading venue
transaction
========================= =============================================
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHDXLFLXFLXFBF
(END) Dow Jones Newswires
November 23, 2023 12:32 ET (17:32 GMT)
Grafico Azioni Associated British Foods (LSE:ABF)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Associated British Foods (LSE:ABF)
Storico
Da Lug 2023 a Lug 2024
