TIDMYNGA 
 
 

Young & Co.'s Brewery, P.L.C.

 

(the "Company")

 

Notifications by PDMRs and persons closely associated with PDMRs

 

Circumstances giving rise to the notifications

 

Under the terms of the Company's deferred annual bonus awards for the Company's financial period ended 1 April 2019, certain directors were eligible to subscribe at nominal value for a set number of the Company's A shares. The terms of issue included a performance condition related to the Company's adjusted earnings per ordinary share from continuing operations for the financial year ending 28 March 2022 and the extent to which those earnings exceeded the same measure for the financial period ended 2 April 2018. If the performance condition were not met in full, then the director concerned would be required to transfer a percentage of those shares for no consideration back to the Company, or to an employee benefit trust designated by the Company for this purpose.

 

Further background detail on the operation of the scheme as it related to the Company's financial period ended 1 April 2019 and the numbers of shares subsequently awarded and subscribed for is set out in the announcement made by the Company on 4 June 2019.

 

The outcome of the performance condition is now known and the company's remuneration committee has determined that the following directors must transfer the following shares for nil consideration to RBT II Trustees Limited, being the trustee of the Ram Brewery Trust II which is the employee benefit trust designated by the Company for this purpose:

 

-- Patrick Dardis -- 5,418 shares;

 

-- Tracy Dodd -- 390 shares; and

 

-- Torquil Sligo-Young -- 1,593 shares.

 

Notifications

 

In connection with the above, the Company today received the following notifications:

 

From Patrick Dardis

 
1   Details of the person discharging managerial responsibilities/person 
    closely associated 
a)  Name                                  Patrick Anthony Dardis 
2   Reason for the notification 
a)  Position/status                       Chief Executive Officer 
b)  Initial notification / Amendment      Initial notification 
3   Details of the issuer, emission allowance market participant, auction 
    platform, auctioneer or auction monitor 
a)  Name                                  Young & Co.'s Brewery, P.L.C. 
b)  LEI                                   213800JMZDORXCMKFW06 
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 financial          A Ordinary shares of 12.5p each in 
    instrument, type of instrument        the issuer's capital. GB00B2NDK765 
    Identification code 
b)  Nature of the transaction             Transfer of shares 
c)  Price(s) and volume(s) 
                                           Price(s) Volume(s) 
                                           GBPnil 5,418 
d)  Aggregated information 
     - Aggregated volume 
     - Price                               5,418 
                                           GBPnil 
e)  Date of the transaction               6 June 2022 
f)  Place of the transaction              Outside a trading venue 
 

From Tracy Dodd:

 
1   Details of the person discharging managerial responsibilities/person 
    closely associated 
a)  Name                                  Tracy Dodd 
2   Reason for the notification 
a)  Position/status                       People Director 
b)  Initial notification / Amendment      Initial notification 
3   Details of the issuer, emission allowance market participant, auction 
    platform, auctioneer or auction monitor 
a)  Name                                  Young & Co.'s Brewery, P.L.C. 
b)  LEI                                   213800JMZDORXCMKFW06 
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 financial          A ordinary shares of 12.5p each in 
    instrument, type of instrument        the issuer's capital GB00B2NDK765 
    Identification code 
b)  Nature of the transaction             Transfer of shares 
c)  Price(s) and volume(s) 
                                           Price(s) Volume(s) 
                                           GBPnil 390 
d)  Aggregated information 
     - Aggregated volume 
     - Price                               390 
                                           GBPnil 
e)  Date of the transaction               6 June 2022 
f)  Place of the transaction              Outside a trading venue 
 

From Tracy Dodd:

 
1   Details of the person discharging managerial responsibilities/person 
    closely associated 
a)  Name                                  Tracy Dodd 
2   Reason for the notification 
a)  Position/status                       This notification concerns Tracy 
                                          Dodd in her additional capacity as a 
                                          person closely associated with a 
                                          person discharging managerial 
                                          responsibilities. The person 
                                          discharging managerial 
                                          responsibilities is Simon Dodd, the 
                                          issuer's Chief Operating Officer. 
                                          The association arises by virtue of 
                                          Tracy Dodd being the spouse of Mr. 
                                          Dodd. 
b)  Initial notification / Amendment      Initial notification 
3   Details of the issuer, emission allowance market participant, auction 
    platform, auctioneer or auction monitor 
a)  Name                                  Young & Co.'s Brewery, P.L.C. 
b)  LEI                                   213800JMZDORXCMKFW06 
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 financial          A ordinary shares of 12.5p each in 
    instrument, type of instrument        the issuer's capital GB00B2NDK765 
    Identification code 
b)  Nature of the transaction             Transfer of shares 
c)  Price(s) and volume(s) 
                                           Price(s) Volume(s) 
                                           GBPnil 390 
d)  Aggregated information 
     - Aggregated volume 
     - Price                               390 
                                           GBPnil 
e)  Date of the transaction               6 June 2022 
f)  Place of the transaction              Outside a trading venue 
 

From Torquil Sligo-Young

 
1   Details of the person discharging managerial responsibilities/person 
    closely associated 
a)  Name                                  Torquil Charles fflorance Barrow 
                                          Sligo-Young 
2   Reason for the notification 
a)  Position/status                       Non-executiveDirector 
b)  Initial notification / Amendment      Initial notification 
3   Details of the issuer, emission allowance market participant, auction 
    platform, auctioneer or auction monitor 
a)  Name                                  Young & Co.'s Brewery, P.L.C. 
b)  LEI                                   213800JMZDORXCMKFW06 
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 financial          A Ordinary shares of 12.5p each in 
    instrument, type of instrument        the issuer's capital. GB00B2NDK765 
    Identification code 
b)  Nature of the transaction             Transfer of shares 
c)  Price(s) and volume(s) 
                                           Price(s) Volume(s) 
                                           GBPnil 1,593 
d)  Aggregated information 
     - Aggregated volume 
     - Price                               1,593 
                                           GBPnil 
e)  Date of the transaction               6 June 2022 
f)  Place of the transaction              Outside a trading venue 
 

Chris Taylor

 

Company Secretary

 

Monday, 6 June 2022

 

Tel: 020 8875 7000

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220606005822/en/

 
    CONTACT: 

Young & Co's Brewery PLC

 
    SOURCE: Young & Co's Brew. 
Copyright Business Wire 2022 
 

(END) Dow Jones Newswires

June 06, 2022 11:39 ET (15:39 GMT)

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