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On 17 November 2025, Associated British Foods plc's Chief Executive, George Weston, acquired a total of 92,891 ordinary shares, and Executive Director Eoin Tonge acquired a total of 74,079 ordinary shares, through the vesting of awards under various company share plans. On the same date, George Weston sold 43,660 shares and Eoin Tonge sold 34,818 shares, both at GBP 21.03 per share, to meet tax liabilities.
| Date | 19 Nov 2025 |
| Time | 17:04:07 |
| Category | Director/PDMR dealings |
| ID | 2454I |
Associated British Foods plc
Director/PDMR Shareholdings
19 November 2025
Vesting and sale of shares for George Weston
Ordinary shares of 515/22 pence in Associated British Foods plc (the 'Company'), awarded on 9 December 2022 under the terms of the Associated British Foods plc Restricted Share Plan 2022 (the 'RSP') and the Associated British Foods plc 2016 Short-Term Incentive Plan (the 'STIP'), vested and were released on 17 November 2025 to the Company's Chief Executive, George Weston, as follows:
|
Director |
No. of shares acquired on vesting under the RSP |
No. of shares acquired on vesting under the STIP |
|
George Weston |
69,537 |
23,354 |
On 17 November 2025, George Weston sold 43,660 shares at a price of GBP 21.03 per share for the purpose of meeting his tax liabilities on the shares acquired in respect of the above.
Vesting and sale of shares for Eoin Tonge
Ordinary shares of 515/22 pence in the Company, awarded on 3 March 2023 under the terms of the RSP and the STIP, and in lieu of the M&S 2022-25 PSP, vested and were released on 17 November 2025 to the Company's Executive Director, Eoin Tonge, as follows:
|
Director |
No. of shares acquired on vesting in lieu of the M&S 2022-25 PSP award |
No. of shares acquired on vesting under the RSP |
No. of shares acquired on vesting under the STIP |
|
Eoin Tonge |
7,068 |
54,420 |
12,591 |
On 17 November 2025, Eoin Tonge sold 34,818 shares at a price of GBP 21.03 per share for the purpose of meeting his tax liabilities on the shares acquired in respect of the above.
The notifications for the directors below, which are made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provide further detail.
ASSOCIATED BRITISH FOODS PLC
DIRECTOR/PDMR SHAREHOLDING
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name
|
George Weston |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Executive
|
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Associated British Foods plc
|
||||
|
b) |
LEI |
GBQKSY6W7G0OHCQ8OQ72
|
||||
|
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 515/22p
GB0006731235 |
||||
|
b) |
Nature of the transaction
|
Acquisition of shares on the vesting and release of an award under the terms of the Associated British Foods plc Restricted Share Plan 2022. |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||
|
e) |
Date of the transaction [YYYY-MM-DD] |
2025-11-17
|
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name
|
George Weston |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Executive
|
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Associated British Foods plc
|
||||
|
b) |
LEI |
GBQKSY6W7G0OHCQ8OQ72
|
||||
|
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 515/22p
GB0006731235 |
||||
|
b) |
Nature of the transaction
|
Acquisition of shares on the vesting and release of an award under the terms of the Associated British Foods plc 2016 Short‐Term Incentive Plan. |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||
|
e) |
Date of the transaction [YYYY-MM-DD] |
2025-11-17
|
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name
|
George Weston |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Executive
|
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Associated British Foods plc
|
||||
|
b) |
LEI |
GBQKSY6W7G0OHCQ8OQ72
|
||||
|
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 515/22p
GB0006731235 |
||||
|
b) |
Nature of the transaction
|
Sale of shares to cover tax liabilities |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||
|
e) |
Date of the transaction [YYYY-MM-DD] |
2025-11-17
|
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name
|
Eoin Tonge |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Executive Director
|
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Associated British Foods plc
|
||||
|
b) |
LEI |
GBQKSY6W7G0OHCQ8OQ72
|
||||
|
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 515/22p
GB0006731235 |
||||
|
b) |
Nature of the transaction
|
Acquisition of shares on the vesting and release of an award in lieu of the M&S 2022-25 PSP. |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||
|
e) |
Date of the transaction [YYYY-MM-DD] |
2025-11-17
|
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name
|
Eoin Tonge |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Executive Director
|
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Associated British Foods plc
|
||||
|
b) |
LEI |
GBQKSY6W7G0OHCQ8OQ72
|
||||
|
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 515/22p
GB0006731235 |
||||
|
b) |
Nature of the transaction
|
Acquisition of shares on the vesting and release of an award under the terms of the Associated British Foods plc Restricted Share Plan 2022. |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||
|
e) |
Date of the transaction [YYYY-MM-DD] |
2025-11-17
|
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name
|
Eoin Tonge |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Executive Director
|
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Associated British Foods plc
|
||||
|
b) |
LEI |
GBQKSY6W7G0OHCQ8OQ72
|
||||
|
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 515/22p
GB0006731235 |
||||
|
b) |
Nature of the transaction
|
Acquisition of shares on the vesting and release of an award under the terms of the Associated British Foods plc 2016 Short Term Incentive Share Plan. |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||
|
e) |
Date of the transaction [YYYY-MM-DD] |
2025-11-17
|
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name
|
Eoin Tonge |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Executive Director
|
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Associated British Foods plc
|
||||
|
b) |
LEI |
GBQKSY6W7G0OHCQ8OQ72
|
||||
|
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 515/22p
GB0006731235 |
||||
|
b) |
Nature of the transaction
|
Sale of shares to cover tax liabilities |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||
|
e) |
Date of the transaction [YYYY-MM-DD] |
2025-11-17
|
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
Contacts: |
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|
|
|
|
|
|
+44 (0) 20 7399 6500 |
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