Director/PDMR Shareholding

Cranswick PLC

03 June 2026

 

Director/PDMR Shareholding

Cranswick plc ("the Company")

The Company has been notified that the awards of LTIP nil-cost options summarised in the table below has been made, pursuant to the Cranswick Long Term Incentive Plan (the "LTIP"). The awards have been granted over ordinary shares of 10 pence each in the Company ("Ordinary Shares").

In accordance with the Directors' Remuneration Policy, each Executive Director has been granted a "Core LTIP Award" and an "Exceptional Performance LTIP Award".

Name	No. of Ordinary Shares subject to Core  LTIP Award	No. of Ordinary Shares subject to Exceptional Performance LTIP Award
Adam Couch	36,630	18,315
Mark Bottomley	21,900	5,475
Jim Brisby	21,900	5,475
Chris Aldersley	21,900	5,475

The awards were granted on 1 June 2026 in accordance with the LTIP and are based on a share price of 5523.33 pence per Ordinary Share, being the average quoted market price of the Company's shares on the three dealing days prior to the date of grant.  

Each person has also been granted a tax qualifying option over 360 Ordinary Shares at an exercise price of 5523.33 pence per Ordinary Share as part of their award.  These tax qualifying options are linked to the Core LTIP Award such that, at the time of exercise, to the extent that there is a gain in the tax qualifying option, the Core LTIP Award will be forfeited to the value of that gain.

Vesting of the LTIP options under the Core LTIP Award is subject to the achievement of performance criteria based on growth in Earnings per Share ("EPS") (as regards 50% of each award) and Return on Capital Employed ("ROCE") (as regards 50% of each award).

Vesting of LTIP options under the Exceptional Performance LTIP Award is subject to the achievement of performance criteria based on relative Total Shareholder Return ("TSR").

The targets applying to each element are as follows. 

		Target
EPS	Threshold	340.6 pence per ordinary share
	Maximum	394.6 pence per ordinary share
ROCE	Threshold	17 per cent
	Maximum	19 per cent
TSR	Threshold	75th percentile
	Maximum	90th percentile

Notes

Threshold performance results in 25% of that element vesting. 

TSR performance will be measured against companies in the FTSE 250 Index (excluding investment trusts).

Enquiries:

Steven Glover, Company Secretary tel: [phone]

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Christopher Aldersley
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cranswick plc
b)	LEI	549300LDZLPU51XOSK43
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 10 pence each   GB0002318888
b)	Nature of the transaction	Grant of LTIP awards
c)	Price(s) and volume(s)	Price(s) Volume(s) Grant of Core LTIP Award 0p 21,900 Grant of Exceptional Performance LTIP Award 0p 5,475 Grant of CSOP Option 5523.33p 360
d)	Aggregated information -   Aggregated volume  -   Price -  Purpose	n/a n/a Option Grant
e)	Date of the transaction	1 June 2026
f)	Place of the transaction	Outside a Trading Venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	John Mark Bottomley
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cranswick plc
b)	LEI	549300LDZLPU51XOSK43
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 10 pence each   GB0002318888
b)	Nature of the transaction	Grant of LTIP awards
c)	Price(s) and volume(s)	Price(s) Volume(s) Grant of Core LTIP Award 0p 21,900 Grant of Exceptional Performance LTIP Award 0p 5,475 Grant of CSOP Option 5523.33p 360
d)	Aggregated information -   Aggregated volume  -   Price -  Purpose	n/a n/a Option Grant
e)	Date of the transaction	1 June 2026
f)	Place of the transaction	Outside a Trading Venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	James Robert Brisby
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cranswick plc
b)	LEI	549300LDZLPU51XOSK43
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 10 pence each   GB0002318888
b)	Nature of the transaction	Grant of LTIP awards
c)	Price(s) and volume(s)	Price(s) Volume(s) Grant of LTIP Option 0p 21,900 Grant of Exceptional Performance LTIP Award 0p 5,475 Grant of CSOP Option 5523.33p 360
d)	Aggregated information -   Aggregated volume  -   Price -  Purpose	n/a n/a Option Grant
e)	Date of the transaction	1 June 2026
f)	Place of the transaction	Outside a Trading Venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Adam Hartley Couch
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cranswick plc
b)	LEI	549300LDZLPU51XOSK43
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 10 pence each   GB0002318888
b)	Nature of the transaction	Grant of LTIP awards
c)	Price(s) and volume(s)	Price(s) Volume(s) Grant of Core LTIP Option 0p 36,630 Grant of Exceptional Performance LTIP Award 0p 18,315 Grant of CSOP Option 5523.33p 360
d)	Aggregated information -   Aggregated volume  -   Price -  Purpose	n/a n/a Option Grant
e)	Date of the transaction	1 June 2026
f)	Place of the transaction	Outside a Trading Venue

 

END