Director/PDMR Shareholding

RNS Number : 8397H

Associated British Foods PLC

01 March 2010

 



Associated British Foods plc

Director shareholding

1 March 2010

Associated British Foods plc (the 'Company') was notified on 26 February 2010 that John Bason, Finance Director, had exercised options over the Company's ordinary shares on 25 February 2010, the details of which are as follows:

·     Option over 50,000 ordinary shares granted on 17 January 2001 under The Associated British Foods 2000 Executive Share Option Scheme at an exercise price of 484p

·     Option over 50,000 ordinary shares granted on 7 December 2001 under The Associated British Foods plc 1994 Share Option Scheme at an exercise price of 497p 

·     Option over 50,000 ordinary shares granted on 9 December 2002 under The Associated British Foods plc 1994 Share Option Scheme at an exercise price of 564p

Of the 150,000 ordinary shares acquired as a result of the above option exercises, Mr Bason sold 147,500 shares at a price of £9.37 per share, retaining 2,500 of the shares. This transaction took place on the London market on 26 February 2010.

This notification is made in accordance with Disclosure and Transparency Rule 3.1.4.

 

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