Associated British Foods PLC

Director's Dealing • Jun 3, 2024

National Storage Mechanism | Additional information

RNS Number : 8976Q

Associated British Foods PLC

03 June 2024

3 JUNE 2024

ASSOCIATED BRITISH FOODS PLC

DIRECTOR/PDMR SHAREHOLDING

Associated British Foods plc ('the Company') has been notified of the following transactions in its shares by Howard Investments Limited ('Howard Investments'), a wholly-owned subsidiary of its majority shareholder Wittington Investments Limited ('Wittington Investments'), further to the announcements made on behalf of Wittington Investments and Howard Investments on 30 and 31 May 2024.

Howard Investments is considered to be a 'person closely associated' with George Weston (Chief Executive of the Company) and Emma Adamo (Non-Executive Director of the Company) for the purposes of the notification requirements contained in Article 19 of the UK Market Abuse Regulation.

The first notification relates to the dematerialisation of shares held by Howard Investments in certificated form, with no change to beneficial ownership. The second notification relates to the sale of those shares through the accelerated bookbuild process referred to in the Results of placing of ordinary shares in Associated British Foods PLC announcement issued on 31 May 2024.

The notifications below, which are made in accordance with the requirements of Article 19 of the  UK Market Abuse Regulation, provide further detail.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Howard Investments Limited

2

Reason for the notification

a)

Position/status

The notification concerns a person closely associated with persons discharging managerial responsibilities.

The relevant persons discharging managerial responsibilities are George Weston, the Chief Executive of Associated British Foods plc and Emma Adamo, Non-Executive Director 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 5 15/22p  

GB0006731235

b)

Nature of the transaction

Dematerialisation of certificated shareholdings by way of disposals to a nominee company with no change of ultimate beneficial ownership

c)

Price(s) and volume(s)

Price(s)	Volume(s)
n/a	10,271,123

d)

Aggregated information

- Aggregated volume 

- Price

n/a

e)

Date of the transaction

2024-05-30

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Howard Investments Limited

2

Reason for the notification

a)

Position/status

The notification concerns a person closely associated with persons discharging managerial responsibilities.

The relevant persons discharging managerial responsibilities are George Weston, the Chief Executive of Associated British Foods plc and Emma Adamo, Non-Executive Director 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 5 15/22p  

GB0006731235

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 25.50	10,271,123

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

2024-05-31

f)

Place of the transaction

Outside a trading venue

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