Last checked at 21 Sep 2018 14:14
Premier Foods plc (the "Company")
Transactions in shares by Persons Discharging Managerial Responsibilities
The Company announces that on 20 September 2018, Alastair Murray exercised an award over 157,560 ordinary shares of 10p each in the Company under the Premier Foods plc Deferred Share Bonus Plan ("DSBP"). The DSBP award was granted on 3 June 2016, in respect of the financial year ended 2 April 2016, and vested on 2 June 2018. Mr Murray then sold sufficient shares to cover income tax and employee national insurance on 20 September 2018 at a price of 42.25p per share.
Name | Title | Number of DSBP award shares exercised
| Number of shares sold to cover tax and NI
| Number of shares retained |
Alastair Murray
| Chief Financial Officer | 157,560 | 74,204 | 83,356 |
The notification set out below is provided in accordance with the requirements of the Market Abuse Regulation.
21 September 2018
ENQUIRIES:
For further information please contact:
Simon Rose
General Counsel & Company Secretary
+44 (0)1727 815 850
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Alastair Murray | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Financial Officer | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Premier Foods plc | ||||
b) | LEI | 213800ZD5I8XHNMCJA67 | ||||
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 10p each ("Shares") in the capital of Premier Foods plc
ISIN: GB00B7N0K053 | ||||
b) | Nature of the transaction | Acquisition of Shares following the exercise of an option granted under the Premier Foods plc Deferred Share Bonus Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
e) | Date of the transaction | 20 September 2018 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
5
| 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 10p each ("Shares") ISIN: GB00B7N0K053 | ||||
b) | Nature of the transaction | Sale of Shares to cover income tax and employee national insurance following the exercise of an option granted under the Premier Foods plc Deferred Share Bonus Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
e) | Date of the transaction | 20 September 2018 | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||