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1 Apr 2015 16:07
Premier Foods plc (the "Company")
Transactions in shares by Persons Discharging Managerial Responsibilities ("PDMRs")
The Company announces that on 31 March 2015, the following PDMR exercised an award over 322,204 ordinary shares of 10p each in the Company under the Premier Foods Restricted Stock Plan ("RSP"). The PDMR then sold sufficient shares to cover income tax and employee national insurance on 31 March 2015 at a price of 42.0p per share. The Company received notification of the transaction on 1 April 2015.
Name | Title | Number of RSP award shares exercised
| Number of shares sold | Number of shares retained | Shareholding following transaction |
Andrew McDonald
| Corporate Development & Legal Director | 322,204 | 151,436 | 170,461 | 181,141 |
The RSP enables awards to be made to senior management who are not executive directors of the Company. The RSP award was granted in the form of a nil cost option.
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.
1 April 2015
ENQUIRIES:
Premier Foods plc +44 (0) 1727 815 850
Andrew McDonaldCorporate Development & Legal Director
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