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On 8 December 2025, Associated British Foods plc conditionally allocated ordinary shares to directors George Weston and Eoin Tonge under its 2025 Restricted Share Plan (RSP) and 2025 Short-Term Incentive Plan (STIP). George Weston received 121,399 shares under the RSP and 30,350 under the STIP, while Eoin Tonge received 91,320 shares under the RSP and 22,830 under the STIP. All allocations had a transaction price of nil, were based on an allocation price of 2,124.4p, and are set to vest in 2028 subject to performance conditions.
| Date | 10 Dec 2025 |
| Time | 16:39:18 |
| Category | Director/PDMR dealings |
| ID | 0750L |
Associated British Foods plc
Director/PDMR Shareholdings
10 December 2025
Conditional allocation of shares
A conditional allocation of ordinary shares of 515/22 pence in Associated British Foods plc (the 'Company') was made to each of the following directors of the Company on 8 December 2025 under the terms of the Associated British Foods plc 2025 Restricted Share Plan (RSP) and the Associated British Foods plc 2025 Short-Term Incentive Plan (the 'STIP') (together the 'Plans'):
|
Director |
No. of shares conditionally allocated under the RSP |
No. of shares conditionally allocated under the STIP |
|
George Weston |
121,399 |
30,350 |
|
Eoin Tonge |
91,320 |
22,830 |
The allocation was made on the basis of an allocation price of 2,124.4p (being the average of the daily closing prices for the shares over the five consecutive trading days from Monday 1 December 2025 to Friday 5 December 2025 inclusive).
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
|
Grant of conditional award under the terms of the Associated British Foods plc 2025 Restricted Share Plan, vesting in 2028, subject to certain performance underpins. |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||
|
e) |
Date of the transaction [YYYY-MM-DD] |
2025-12-08
|
||||
|
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
|
Grant of conditional award under the terms of the Associated British Foods plc 2025 Short-Term Incentive Plan, vesting in 2028, subject to certain performance conditions. |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||
|
e) |
Date of the transaction [YYYY-MM-DD] |
2025-12-08 |
||||
|
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
|
Grant of conditional award under the terms of the Associated British Foods plc 2025 Restricted Share Plan, vesting in 2028, subject to certain performance underpins. |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||
|
e) |
Date of the transaction [YYYY-MM-DD] |
2025-12-08 |
||||
|
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
|
Grant of conditional award under the terms of the Associated British Foods plc 2025 Short-Term Incentive Plan, vesting in 2028, subject to certain performance conditions. |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||
|
e) |
Date of the transaction [YYYY-MM-DD] |
2025-12-08 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||