Relationship Agreement with Nissin

RNS Number : 9895V
Premier Foods plc
22 April 2016
 

ANNOUNCEMENT REGARDING RELATIONSHIP AGREEMENT

 

Relationship Agreement with Nissin

 

Further to our announcement dated 24 March 2016, Premier Foods plc ("Premier") and Nissin Foods Holdings Co., Ltd. ("Nissin") have today entered into a Relationship Agreement on terms and conditions that are customary for a substantial shareholding of this nature (the "Relationship Agreement").

Pursuant to the terms of the Relationship Agreement, Nissin will have the right to appoint a non-executive director to the Board of Premier for so long as Nissin holds an interest in shares representing 15 per cent. or more of the ordinary issued share capital of Premier.

There remains no other information required to be disclosed under paragraph 9.6.13R of the Listing Rules in connection with the above potential appointment.

For further information please contact:

Premier Foods plc

+44 1727 815 850

Richard Johnson (Corporate Affairs Director)

 

Richard Godden (Head of Investor Relations)

 

 

Maitland

+44 20 7379 5151

Neil Bennett

 

Kate O'Neill

 

 

A copy of this announcement and a summary of the principal terms of the Relationship Agreement will be available at www.premierfoods.co.uk. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.

 


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