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RNS Number : 6726P

Premier Foods plc

09 June 2015

Premier Foods plc (the Company)

Transactions in shares by Persons Discharging Managerial Responsibilities (PDMRs)

Acquisition of Shares

Premier Foods plc announces that on 8 June 2015 Gavin Darby, Chief Executive Officer, purchased 389,253 ordinary shares of 10 pence each in the share capital of the Company (Shares) at a price of 41.875p.

Pursuant to the Company's Remuneration Policy 25% of any annual bonus awarded to Mr Darby will be made in the form of Shares. For the financial period ended 4 April 2015 Mr Darby elected to receive his entire annual bonus in the form of Shares and the above acquisition represents Mr Darby's entire annual bonus net of income tax and employee national insurance.

Co-Investment Award

The second tranche of Mr Darby's Co-Investment Award (Award), representing 751,814 Shares, vested on 1 May 2015. The Award is structured as a nil cost option. Mr Darby exercised the Award on 8 June 2015 and then sold sufficient Shares to cover income tax and employee national insurance on 8 June 2015 at a price of 41.25p per Share.

 
 Name            Award Shares   Number of Shares   Number of Shares 
                    exercised      sold to cover           retained 
                                  income tax and 
                                     employee NI 
 Gavin Darby          751,814            354,064            397,750 
               --------------  -----------------  -----------------

The Company received notification of both transactions on 9 June 2015. Following these transactions Mr Darby's personal holding is as follows:

 
 Name           Total number                   Total beneficial     Total percentage 
                 of Shares acquired/received    holding of Shares    of issued share 
                                                following the        capital following 
                                                transactions         the transactions 
 Gavin Darby                         787,003            4,153,526               0.503% 
               -----------------------------  -------------------  -------------------

This announcement is in accordance with DTR 3.1.4R and relates to transactions notified to the Company in accordance with DTR 3.1.2R.

9 June 2015

ENQUIRIES:

   Premier Foods plc                              +44 (0) 1727 815 850

Andrew McDonald

General Counsel & Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

END

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