Premier Foods plc (the "Company")
Notification of transactions by persons discharging managerial responsibilities (PDMRs) and persons closely associated
2025/26 Long Term Incentive Plan Award
Following their appointment to the Executive Leadership Team of the Company this year, Catherine Thompson (née Lloyd) and Ruth McGowan (both persons discharging managerial responsibilities), were each granted an award over ordinary shares of 10p each in the Company, under the Premier Foods Long Term Incentive Plan (the "LTIP"), on 19 November 2025 (the "Grant Date"), as set out below.
| Name |
Title |
Number of shares subject to option
|
| Catherine Thompson (née Lloyd) |
Chief Marketing Officer |
100,859 |
| Ruth McGowan |
Chief Strategy and Transformation Officer |
54,849 |
Each award is structured as a nil cost option to acquire shares for nil consideration. They will normally vest and become exercisable under the LTIP on the third anniversary of the Grant Date and remain exercisable until the day before the tenth anniversary of the Grant Date, subject to the participant continuing to hold an office or employment within the group and the achievement of two independent performance conditions.
The first condition comprises of a relative total shareholder return based condition that will apply to 50% of the total number of shares held under an award and the second is an adjusted earnings per share-based target that will apply to 50% of the total number of shares held under an award. No consideration was paid for the grant of the award, and no consideration shall be payable when the award is exercised. Details of the 2025/26 LTIP award are set out in the Company's FY24/25 Annual Report, which can be viewed on the Group's website (www.premierfoods.co.uk).
The notification set out below is provided in accordance with the requirements of the Market Abuse Regulation.
20 November 2025
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 |
Catherine Thompson |
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| 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 award under the Premier Foods plc Long Term Incentive Plan |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information - Aggregated volume - Price |
N/A
|
||||
| e) |
Date of the transaction |
19 November 2025 |
||||
| f) |
Place of the transaction |
Outside a trading venue |
||||
| 1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
| a) |
Name |
Ruth McGowan |
||||
| 2 |
Reason for the notification |
|||||
| a) |
Position/status |
Chief Strategy and Transformation 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 award under the Premier Foods plc Long Term Incentive Plan |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information - Aggregated volume - Price |
N/A
|
||||
| e) |
Date of the transaction |
19 November 2025 |
||||
| f) |
Place of the transaction |
Outside a trading venue |
||||