Director/PDMR Shareholding

RNS Number : 2043J

Premier Foods plc

28 November 2008

 



Premier Foods plc (the 'Company')

28 November 2008

NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND OTHER PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

We wish to notify the following, in accordance with DTR 3.1.4(1)(a) of the Disclosure Rules and Transparency Rules.

The Company has granted a matching award to Will Carter, Managing Director, Ambient, following his appointment to the role on a permanent basis in November. The award is in the form of a conditional award of shares in respect of 749,499 ordinary shares of 1p each in the Company under the Company's Co-Investment Plan ('CIP'). The matching award was granted on 27 November 2008 to Mr Carter who has pledged shares under the terms of the CIP. No other consideration was payable for the grant of a matching award. 

The vesting of the matching award is ordinarily subject to the holding of the relevant investment shares by the participant, the continued employment of the participant and the satisfaction of performance conditions based upon a combination of Earnings per Share growth and Total Shareholder Return as measured over a three-year period. 

The Company was informed of the above transactions relating to matching award on 27 November 2008.

Suzanne Wise

General Counsel & Company Secretary

Premier Foods plc

Tel: [phone]

 

END

 

 

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