YOUNG & CO'S BREWERY PLC - Remuneration Information 2021

National Storage Mechanism | Additional information

Director/PDMR Shareholding

Young & Co.’s Brewery, P.L.C.

(the “Company”)

Notifications by PDMRs and persons closely associated with PDMRs

Circumstances giving rise to the notifications

Under the terms of the Company’s deferred annual bonus awards for the Company’s financial period ended 2 April 2018, certain directors were eligible to subscribe at nominal value for a set number of the Company’s A shares. The terms of issue included a performance condition related to the Company’s adjusted earnings per ordinary share from continuing operations for the financial year ending 29 March 2021 and the extent to which those earnings exceeded the same measure for the financial period ended 3 April 2017. If the performance condition were not met in full, then the director concerned would be required to transfer all or a percentage of those shares for no consideration back to the Company, or to an employee benefit trust designated by the Company for this purpose.

Further background detail on the operation of the scheme as it related to the Company’s financial period ended 2 April 2018 and the numbers of shares subsequently awarded and subscribed for is set out in the announcement made by the Company on 5 June 2018.

The outcome of the performance condition is now known and the Company’s remuneration committee has determined that the following directors must transfer the following shares for nil consideration to RBT II Trustees Limited, being the trustee of the Ram Brewery Trust II which is the employee benefit trust designated by the Company for this purpose:

● Patrick Dardis - 7,089 A shares;

● Tracy Dodd - 393 A shares; and

● Torquil Sligo-Young - 3,464 A shares.

Notifications

In connection with the above, the Company received the following notifications yesterday:

From Patrick Dardis


1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Patrick Anthony Dardis
2	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Young & Co.’s Brewery, P.L.C.
b)	LEI	213800JMZDORXCMKFW06
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	A Ordinary shares of 12.5p each in the issuer’s capital. GB00B2NDK765
b)	Nature of the transaction	Transfer of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 7,089
d)	Aggregated information - Aggregated volume - Price	7,089 £nil
e)	Date of the transaction	15 July 2021
f)	Place of the transaction	Outside a trading venue

From Tracy Dodd:


1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Tracy Dodd
2	Reason for the notification
a)	Position/status	People Director
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Young & Co.’s Brewery, P.L.C.
b)	LEI	213800JMZDORXCMKFW06
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	A ordinary shares of 12.5p each in the issuer’s capital GB00B2NDK765
b)	Nature of the transaction	Transfer of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 393
d)	Aggregated information - Aggregated volume - Price	393 £nil
e)	Date of the transaction	15 July 2021
f)	Place of the transaction	Outside a trading venue

From Tracy Dodd:


1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Tracy Dodd
2	Reason for the notification
a)	Position/status	This notification concerns Tracy Dodd in her additional capacity as a person closely associated with a person discharging managerial responsibilities. The person discharging managerial responsibilities is Simon Dodd, the issuer’s Chief Operating Officer. The association arises by virtue of Tracy Dodd being the spouse of Mr. Dodd.
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Young & Co.’s Brewery, P.L.C.
b)	LEI	213800JMZDORXCMKFW06
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	A ordinary shares of 12.5p each in the issuer’s capital GB00B2NDK765
b)	Nature of the transaction	Transfer of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 393
d)	Aggregated information - Aggregated volume - Price	393 £nil
e)	Date of the transaction	15 July 2021
f)	Place of the transaction	Outside a trading venue

From Torquil Sligo-Young


1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Torquil Charles fflorance Barrow Sligo-Young
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Young & Co.’s Brewery, P.L.C.
b)	LEI	213800JMZDORXCMKFW06
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	A Ordinary shares of 12.5p each in the issuer’s capital. GB00B2NDK765
b)	Nature of the transaction	Transfer of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 3,464
d)	Aggregated information - Aggregated volume - Price	3,464 £nil
e)	Date of the transaction	15 July 2021
f)	Place of the transaction	Outside a trading venue