27 July 2021
Premier Foods plc (the "Company")
Notification of transactions by persons discharging managerial responsibilities (PDMRs) and persons closely associated
Discretionary award of shares
On 26 July 2021 members of the Executive Leadership Team of the Company (each a person discharging managerial responsibilities) were awarded ordinary shares of 10p each in the Company at nil consideration, as part of their annual bonus award for the year ended 3 April 2021, as set out below. Immediately following the award, shares were sold to cover tax and NIC arising from the award at a price of 108.7p.
| Name | Title | Number of shares awarded | Number of shares sold to cover tax and NIC | Number of shares retained
|
| Hannah Collyer | Corporate Affairs & ESG Director | 24,356 | 11,471 | 12,885 |
| Yilmaz Erceyes | Chief Marketing Officer | 37,273 | 17,554 | 19,719 |
| Mark Hughes | Procurement & Central Operations Director | 46,029 | 21,678 | 24,351 |
| Richard Martin | Chief Customer Officer | 41,001 | 19,310 | 21,691 |
| Simon Rose | General Counsel & Company Secretary | 41,001 | 19,310 | 21,691 |
| Paul Thompson | Operations Director | 40,069 | 18,871 | 21,198 |
| David Wilkinson | Human Resources Director | 41,892 | 19,729 | 22,163 |
2021 Restricted Stock Plan Award
In addition, on 26 July 2021, Hannah Collyer was granted an award over 10,288 ordinary shares of 10p each in the Company (the "RSP Award") under the Premier Foods Restricted Stock Plan (the "RSP").
The RSP provides specific ad hoc awards to group management operating at below Board level. The RSP Award is structured as a nil cost option to acquire ordinary shares of 10p each in the capital of the Company. The RSP Award will normally become exercisable under the RSP between the third anniversary of the Grant Date and the day before the seventh anniversary of the Grant Date, subject to the participant continuing to hold office or employment within the group. No consideration was paid for the grant of the RSP Award and no consideration shall be payable when the RSP Award is exercised.
The notifications set out below are provided in accordance with the requirements of the Market Abuse Regulation.
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 | Hannah Collyer | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Corporate Affairs & ESG Director | ||||
| 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 | Grant of discretionary award of Shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
| e) | Date of the transaction | 26 July 2021 | ||||
| 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") in the capital of Premier Foods plc
| ||||
| b) | Nature of the transaction | Sale of Shares to cover tax and NIC | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
| e) | Date of the transaction | 26 July 2021 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 6
| 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
| ||||
| b) | Nature of the transaction | Grant of an award of Shares under the Premier Foods plc Restricted Stock Plan | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
| e) | Date of the transaction | 26 July 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Yilmaz Erceyes | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Marketing 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 | Grant of discretionary award of Shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
| e) | Date of the transaction | 26 July 2021 | ||||
| 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") in the capital of Premier Foods plc
| ||||
| b) | Nature of the transaction | Sale of Shares to cover tax and NIC | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
| e) | Date of the transaction | 26 July 2021 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Mark Hughes | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Procurement & Central Operations Director | ||||
| 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 | Grant of discretionary award of Shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
| e) | Date of the transaction | 26 July 2021 | ||||
| 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") in the capital of Premier Foods plc
| ||||
| b) | Nature of the transaction | Sale of Shares to cover tax and NIC | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
| e) | Date of the transaction | 26 July 2021 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Richard Martin | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Customer 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 | Grant of discretionary award of Shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
| e) | Date of the transaction | 26 July 2021 | ||||
| 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") in the capital of Premier Foods plc
| ||||
| b) | Nature of the transaction | Sale of Shares to cover tax and NIC | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
| e) | Date of the transaction | 26 July 2021 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Simon Rose | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | General Counsel & Company Secretary | ||||
| 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 | Grant of discretionary award of Shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
| e) | Date of the transaction | 26 July 2021 | ||||
| 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") in the capital of Premier Foods plc
| ||||
| b) | Nature of the transaction | Sale of Shares to cover tax and NIC | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
| e) | Date of the transaction | 26 July 2021 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Paul Thompson | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Operations Director | ||||
| 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 | Grant of discretionary award of Shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
| e) | Date of the transaction | 26 July 2021 | ||||
| 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") in the capital of Premier Foods plc
| ||||
| b) | Nature of the transaction | Sale of Shares to cover tax and NIC | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
| e) | Date of the transaction | 26 July 2021 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | David Wilkinson | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Human Resources Director | ||||
| 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 | Grant of discretionary award of Shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
| e) | Date of the transaction | 26 July 2021 | ||||
| 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") in the capital of Premier Foods plc
| ||||
| b) | Nature of the transaction | Sale of Shares to cover tax and NIC | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
| e) | Date of the transaction | 26 July 2021 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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