TIDMABF

RNS Number : 0569F

Associated British Foods PLC

05 July 2023

Associated British Foods plc ('the Company')

Director/PDMR Shareholdings

5 July 2023

Award of shares

In connection with the buyout of a forfeited incentive scheme award granted by his former employer (the M&S 22-23 STIP), on 3 July 2023 the Company's Finance Director, Eoin Tonge, received a transfer of 27,459 ordinary shares of 5(15/22) pence in the Company in accordance with the provisions of Listing Rule 9.4.2(2).

Vesting of shares

In addition, on 3 July 2023, Mr Tonge received a transfer of 68,751 Ordinary shares of 5(15/22) pence in the Company, on the vesting of awards granted to him on 3 March 2023 (as announced on 6 March 2023).

Sale of shares

On 3 July 2023, Mr Tonge sold 45,355 shares at a price of 2006.7p per share for the purpose of meeting his tax liabilities on the shares acquired in respect of the above.

The notifications for the director 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                        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               Acquisition of shares of shares in lieu of 
       transaction                 the M&S 22-23 STIP 
     ==========================  =========================================== 
 c)   Price(s) and                  Price(s)    Volume(s) 
       volume(s)                     Nil         27,459 
                                                ---------- 
     ==========================  =========================================== 
 d)   Aggregated information      N/A 
        *    Aggregated volume 
 
 
        *    Price 
     ==========================  =========================================== 
 e)   Date of the transaction     2023-07-03 
       [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 
     ===========================  ========================================== 
 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 
  4    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               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 of 
       transaction                  an award in lieu of the M&S RSP awards. 
     ===========================  ========================================== 
 c)   Price(s) and                   Price(s)    Volume(s) 
       volume(s)                      Nil         22,656 
                                                 ---------- 
     ===========================  ========================================== 
 d)   Aggregated information       N/A 
        *    Aggregated volume 
 
 
        *    Price 
     ===========================  ========================================== 
 e)   Date of the transaction      2023-07-03 
       [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 
     ===========================  ========================================== 
 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 
  4    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               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 of 
       transaction                  an award in lieu of the M&S 20-23 PSP. 
     ===========================  ========================================== 
 c)   Price(s) and                   Price(s)    Volume(s) 
       volume(s)                      Nil         46,095 
                                                 ---------- 
     ===========================  ========================================== 
 d)   Aggregated information       N/A 
        *    Aggregated volume 
 
 
        *    Price 
     ===========================  ========================================== 
 e)   Date of the transaction      2023-07-03 
       [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 
     ===========================  ========================================== 
 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)                      2006.7p     45,355 
                                                 ---------- 
     ===========================  ========================================== 
 d)   Aggregated information       N/A 
        *    Aggregated volume 
 
 
        *    Price 
     ===========================  ========================================== 
 e)   Date of the transaction      2023-07-03 
       [YYYY-MM-DD] 
     ===========================  ========================================== 
 f)   Place of the                 London Stock Exchange (XLON) 
       transaction 
     ===========================  ========================================== 
 

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END

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July 05, 2023 04:30 ET (08:30 GMT)

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