Premier Foods PLC

Director's Dealing • Oct 11, 2017

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RNS Number : 2924T

Premier Foods plc

11 October 2017

Premier Foods plc (the Company)

Notification of transactions by persons discharging managerial responsibilities (PDMRs) and persons closely associated

The Company announces that on 2 October 2017 the following awards over ordinary shares of 10 pence each in the share capital of the Company ("Shares") vested under the Premier Foods Restricted Stock Plan (RSP). The awards were granted in the form of conditional awards as part of the Company's annual management incentive plan. Each PDMR sold sufficient shares to cover income tax and employee national insurance on 6 October 2017 at a price of 39.832p, with the balance of shares being retained.

Name	Title	Number of Shares acquired on vesting of RSP award	Number of Shares sold to cover tax	Number of Shares retained
Jette Andersen	Managing Director, International	63,157	30,571	32,586
Mark Hughes	Procurement & Central Operations Director	82,888	40,121	42,767
Andrew McDonald	General Counsel & Company Secretary	78,744	38,115	40,629
Alex Whitehouse	Managing Director, UK	96,641	46,777	49,864
David Wilkinson	HR & Communications Director	71,586	34,651	36,935

The notifications set out below are provided in accordance with the requirements of the Market Abuse Regulation.

11 October 2017

ENQUIRIES:

For further information please contact:

Andrew McDonald

General Counsel & Company Secretary

+44 (0) 1727 815 850

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jette Andersen

2

Reason for the notification

a)

Position/status

Managing Director, International

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")

ISIN: GB00B7N0K053

b)

Nature of the transaction

Acquisition of Shares following vesting of RSP Award

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	63,571

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2 October 2017

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 vesting of RSP Award

c)

Price(s) and volume(s)

Price(s)	Volume(s)
39.832p	30,571

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

6 October 2017

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")

ISIN: GB00B7N0K053

b)

Nature of the transaction

Acquisition of Shares following vesting of RSP Award

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	82,888

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2 October 2017

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 vesting of RSP Award

c)

Price(s) and volume(s)

Price(s)	Volume(s)
39.832p	40,121

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

6 October 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew McDonald

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")

ISIN: GB00B7N0K053

b)

Nature of the transaction

Acquisition of Shares following vesting of RSP Award

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	78,744

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2 October 2017

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 vesting of RSP Award

c)

Price(s) and volume(s)

Price(s)	Volume(s)
39.832p	38,115

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

6 October 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alex Whitehouse

2

Reason for the notification

a)

Position/status

Managing Director, UK

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")

ISIN: GB00B7N0K053

b)

Nature of the transaction

Acquisition of Shares following vesting of RSP Award

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	96,641

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2 October 2017

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 vesting of RSP Award

c)

Price(s) and volume(s)

Price(s)	Volume(s)
39.832p	46,777

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

6 October 2017

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

HR & Communications 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")

ISIN: GB00B7N0K053

b)

Nature of the transaction

Acquisition of Shares following vesting of RSP Award

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	71,586

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2 October 2017

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 vesting of RSP Award

c)

Price(s) and volume(s)

Price(s)	Volume(s)
39.832p	34,651

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

6 October 2017

f)

Place of the transaction

London Stock Exchange (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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