TIDMABF

RNS Number : 7549X

Associated British Foods PLC

28 November 2017

Associated British Foods plc

Director/PDMR Shareholdings

28 November 2017

Ordinary shares of 5(15/22) pence in Associated British Foods plc (the 'Company'), awarded under the terms of the Associated British Foods Long Term Incentive Plan on 24 November 2014 at an allocation price of 3101.2p per share vested and were released on 24 November 2017 to the Company's two executive directors as follows:

 
 Director         No. of shares acquired 
                   on vesting 
---------------  ----------------------- 
 George Weston    32,969 
---------------  ----------------------- 
 John Bason       21,716 
---------------  ----------------------- 
 

Over 24 and 27 November 2017, George Weston sold 15,543 shares at an average price of 3042.956p per share for the purpose of meeting his tax liability on the shares acquired on vesting. Over the same dates, John Bason sold 21,716 shares at an average price of 3042.956p per share, in part to meeting his tax liability on the shares acquired on vesting.

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                  Acquisition of shares on the vesting 
       the transaction            and release of an award under the 
                                  terms of the Associated British 
                                  Foods Long Term Incentive Plan. 
===  =========================  ===================================== 
 c)   Price(s) and                 Price(s)    Volume(s) 
       volume(s)                   ----------  ---------- 
                                    N/A         32,969 
                                   ----------  ---------- 
===  =========================  ===================================== 
 d)   Aggregated 
       information                 N/A 
        *    Aggregated volume 
 
 
        *    Price 
===  =========================  ===================================== 
 e)   Date of the                2017-11-24 
       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                  Sale of a proportion of the shares 
       the transaction            acquired on the vesting and release 
                                  of an award under the terms of 
                                  the Associated British Foods Long 
                                  Term Incentive Plan. 
===  =========================  ===================================== 
 c)   Price(s) and                 Price(s)    Volume(s) 
       volume(s)                   ----------  ---------- 
                                    3042.956p   15,543 
                                   ----------  ---------- 
===  =========================  ===================================== 
 d)   Aggregated 
       information                 N/A 
        *    Aggregated volume 
 
 
        *    Price 
===  =========================  ===================================== 
 e)   Date of the                2017/11/27 
       transaction 
       [YYYY-MM-DD] 
===  =========================  ===================================== 
 f)   Place of the               London Stock Exchange (XLON) 
       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                  Acquisition of shares on the vesting 
       the transaction            and release of an award under the 
                                  terms of the Associated British 
                                  Foods Long Term Incentive Plan. 
===  =========================  ===================================== 
 c)   Price(s) and                 Price(s)    Volume(s) 
       volume(s)                   ----------  ---------- 
                                    N/A         21,716 
                                   ----------  ---------- 
===  =========================  ===================================== 
 d)   Aggregated                 N/A 
       information 
        *    Aggregated volume 
 
 
        *    Price 
===  =========================  ===================================== 
 e)   Date of the                2017/11/24 
       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                   Sale of a proportion of the shares 
        the transaction             acquired on the vesting and release 
                                    of an award under the terms of 
                                    the Associated British Foods Long 
                                    Term Incentive Plan. 
====  ==========================  ===================================== 
 c)    Price(s) and                  Price(s)    Volume(s) 
        volume(s)                    ----------  ---------- 
                                      3042.956p   21,716 
                                     ----------  ---------- 
====  ==========================  ===================================== 
 d)    Aggregated 
        information                  N/A 
         *    Aggregated volume 
 
 
         *    Price 
====  ==========================  ===================================== 
       Date of the 
        transaction 
 e)     [YYYY-MM-DD]                 2017/11/27 
====  ==========================  ===================================== 
 f)    Place of the                London Stock Exchange (XLON) 
        transaction 
====  ==========================  ===================================== 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 28, 2017 09:34 ET (14:34 GMT)

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