Last checked at 26 Jan 2021 18:08
26 JANUARY 2021
ASSOCIATED BRITISH FOODS PLCDIRECTOR/PDMR SHAREHOLDING
Associated British Foods plc ('the Company') has been notified of the following transactions in its shares by the trustees of the G H Weston 1964 Settlement ('the Trust'). The Trust has a number of beneficiaries, including George Weston the Chief Executive of the Company, and as such is considered to be a 'person closely associated' for the purposes of the notification requirements contained in the UK Market Abuse Regulation.
The first notification relates to a disposal of shares in the Company, which shares are held by the Trust for the benefit of a person other than George Weston.
The second notification relates to pledging of shares in the Company as security, which shares are held by the Trust for the benefit of George Weston.
The third notification relates to pledging of shares in the Company as security, which shares are held by the Trust for the benefit of people other than George Weston.
The notifications below, which are made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation, provide further detail.
ASSOCIATED BRITISH FOODS PLCDIRECTOR/PDMR SHAREHOLDING
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name
| RBC Trust Company (Jersey) Limited and RBC Trustees (Jersey) Limited as trustees of the G H Weston 1964 Settlement | ||||
2 | Reason for the notification | |||||
a) | Position/status | The notification concerns a person closely associated with a person discharging managerial responsibilities.
The relevant person discharging managerial responsibilities is George Weston, the Chief Executive of Associated British Foods plc.
| ||||
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 of the financial instrument, type of instrument
Identification code
| Ordinary shares of 515/22p
GB0006731235 | ||||
b) | Nature of the transaction
| Disposal of shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price
|
938,696 GBP 23.19 | ||||
e) | Date of the transaction
| 2021-01-21 | ||||
f) | Place of the transaction
| Outside a trading venue
| ||||
ASSOCIATED BRITISH FOODS PLCDIRECTOR/PDMR SHAREHOLDING
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name
| RBC Trust Company (Jersey) Limited and RBC Trustees (Jersey) Limited as trustees of the G H Weston 1964 Settlement | ||||
2 | Reason for the notification | |||||
a) | Position/status | The notification concerns a person closely associated with a person discharging managerial responsibilities.
The relevant person discharging managerial responsibilities is George Weston, the Chief Executive of Associated British Foods plc.
| ||||
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 of the financial instrument, type of instrument
Identification code
| Ordinary shares of 515/22p
GB0006731235 | ||||
b) | Nature of the transaction
| Pledging of shares in Associated British Foods plc held by a person closely associated with a person discharging managerial responsibilities.
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price
|
2,859,975 N/A
| ||||
e) | Date of the transaction
| 2021-01-21 | ||||
f) | Place of the transaction
| Outside a trading venue
| ||||
ASSOCIATED BRITISH FOODS PLCDIRECTOR/PDMR SHAREHOLDING
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name
| RBC Trust Company (Jersey) Limited and RBC Trustees (Jersey) Limited as trustees of the G H Weston 1964 Settlement | ||||
2 | Reason for the notification | |||||
a) | Position/status | The notification concerns a person closely associated with a person discharging managerial responsibilities.
The relevant person discharging managerial responsibilities is George Weston, the Chief Executive of Associated British Foods plc.
| ||||
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 of the financial instrument, type of instrument
Identification code
| Ordinary shares of 515/22p
GB0006731235 | ||||
b) | Nature of the transaction
| Pledging of shares in Associated British Foods plc held by a person closely associated with a person discharging managerial responsibilities.
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price
|
8,579,919 N/A | ||||
e) | Date of the transaction
| 2021-01-21 | ||||
f) | Place of the transaction
| Outside a trading venue
| ||||