Director/PDMR Shareholding.


    07 May 2025 17:02:35
  • Source: Sharecast
RNS Number : 7612H
Associated British Foods PLC
07 May 2025
 

7 MAY 2025

ASSOCIATED BRITISH FOODS PLC
DIRECTOR/PDMR SHAREHOLDING

Associated British Foods plc ('the Company') has been notified of the following transactions in its shares by the trustees of the G H Weston 1964 Settlement ('the Trust'). The Trust has a number of beneficiaries, including George Weston, the Chief Executive of the Company, and as such is considered to be a 'person closely associated' for the purposes of the notification requirements contained in the UK Market Abuse Regulation.

The first notification relates to the removal of pledges over shares in the Company as security, which shares are held by the Trust for the benefit of persons other than George Weston (and which pledges were included within announcements dated 26 January 2021 and 3 September 2019).

The second notification relates to the removal of pledges of shares in the Company as security, which shares are held by the Trust for the benefit of George Weston (and which pledges were announced on 26 January 2021).

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

ASSOCIATED BRITISH FOODS PLC
DIRECTOR/PDMR SHAREHOLDING

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 

RBC Trust Company (Jersey) Limited and RBC Trustees (Jersey) Limited as trustees of the G H Weston 1964 Settlement

2

Reason for the notification

a)

Position/status

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

 

The relevant person discharging managerial responsibilities is George Weston, the Chief Executive 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 515/22p

 

 

 

GB0006731235

b)

Nature of the transaction

 

Removal of pledging of shares in Associated British Foods plc held by a person closely associated with a person discharging managerial responsibilities.

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

N/A

N/A

N/A

N/A

N/A

1,540,000

1,319,973

1,540,000

1,319,973

1,319,971

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

 

 

7,039,917

N/A

e)

Date of the transaction

 

2025-04-29

f)

Place of the transaction

 

Outside a trading venue

 

 

ASSOCIATED BRITISH FOODS PLC
DIRECTOR/PDMR SHAREHOLDING

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 

RBC Trust Company (Jersey) Limited and RBC Trustees (Jersey) Limited as trustees of the G H Weston 1964 Settlement

2

Reason for the notification

a)

Position/status

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

 

The relevant person discharging managerial responsibilities is George Weston, the Chief Executive 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 515/22p

 

 

 

GB0006731235

b)

Nature of the transaction

 

Removal of pledging of shares in Associated British Foods plc held by a person closely associated with a person discharging managerial responsibilities.

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

N/A

N/A

1,540,000

1,319,975

 

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

 

 

2,859,975

N/A

 

e)

Date of the transaction

 

2025-04-29

f)

Place of the transaction

 

Outside a trading venue

 

 

 

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