TIDMGNC

RNS Number : 9402N

Greencore Group PLC

26 May 2020

Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility

This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland's Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.

All relevant boxes should be completed in block capital letters.

 
      Name of the Issuer 
       Greencore Group plc                         Name of person discharging managerial 
                                                    responsibilities 
 1     LEI: 635400GGBEWULJXM5868              2     EMMA HYNES 
 3    State whether notification              4    Indicate whether the notification 
       relates to a person closely                  is in respect of a holding of 
       associated with a person discharging         the person referred to in 2 or 
       managerial responsibilities                  3 above or in respect of a non-beneficial 
       named in 2 and identify the                  interest 
       connected person                             Holding of Executive Director 
       Notification relates to Executive            named in 2 
       Director named in 2 
     --------------------------------------  ---  ------------------------------------------- 
      Description of shares or derivatives         Name of registered shareholder(s) 
       or other financial instruments               and, if more than one, number 
       linked to them                               of shares or derivatives or other 
       Ordinary shares of GBP0.01                   financial instruments linked to 
       each                                         them, held by each shareholder 
 
 5     ISIN: IE0003864109                     6     EMMA HYNES 
     --------------------------------------  ---  ------------------------------------------- 
                                                   Number of shares, derivatives 
                                                    or other financial instruments 
      State the nature of the transaction           linked to them acquired 
 7     PURCHASE OF ORDINARY SHARES            8     15,000 ORDINARY shares 
     --------------------------------------  ---  ------------------------------------------- 
      Number of shares, derivatives                Price per share or derivative 
       or other financial instruments               or other financial instrument 
       linked to them disposed of                   linked to them or value of transaction 
 9     NONE                                   10    GBP1.2575 
     --------------------------------------  ---  ------------------------------------------- 
      Date and place of transaction                Date issuer informed of transaction 
 11    22 MAY 2020, DUBLIN                    12    22 MAY 2020 
     --------------------------------------  ---  ------------------------------------------- 
                                                   Name of contact and telephone 
                                                    number for queries 
      Any additional information                    Jolene Gacquin 
 13    N/A                                    14    +353 (0)1 486 3309 
     --------------------------------------  ---  ------------------------------------------- 
 
        Name and signature of duly designated officer of issuer responsible 
        for making notification 
 
        Jolene Gacquin 
 
        Date of notification: 26 MAY 2020 
---  ---------------------------------------------------------------------------------------- 
 

Regulation 12(8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 ('the Regulations') provides that:

"person discharging managerial responsibilities", in relation to an issuer of financial instruments, means a person who is -

   (a)        a member of the administrative, management or supervisory bodies of the issuer, or 
   (b)        a senior executive - 
   (i)         who is not a member of the bodies referred to in paragraph (a) of this definition, 

(ii) having regular access to inside information relating, directly or indirectly, to the issuer, and

(iii) having the power to make managerial decisions affecting the future developments and business prospects of the issuer.

"person closely associated", in relation to a person discharging managerial responsibilities within an issuer of financial instruments, means -

   (a)        the spouse of the person discharging managerial responsibilities, 
   (b)        dependent children of the person discharging managerial responsibilities, 

(c) other relatives of the person discharging managerial responsibilities, who have shared the same household as that person for at least one year on the date of the transaction concerned,

   (d)        any person - 
   (i)         the managerial responsibilities of which are discharged by a person - 
   (i)         discharging managerial responsibilities within the issuer, or 
   (ii)        referred to in paragraph (a), (b) or (c) of this definition, 

(ii) that is directly or indirectly controlled by a person referred to in subparagraph (i) of paragraph (d) of this definition,

(iii) that is set up for the benefit of a person referred to in subparagraph (i) of paragraph (d) of this definition, or

(iv) the economic interests of which are substantially equivalent to those of a person referred to in subparagraph (i) of paragraph (d) of this definition;

Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility

This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland's Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.

All relevant boxes should be completed in block capital letters.

 
      Name of the Issuer 
       Greencore Group plc                         Name of person discharging managerial 
                                                    responsibilities 
 1     LEI: 635400GGBEWULJXM5868              2     EMMA HYNES 
 3    State whether notification              4    Indicate whether the notification 
       relates to a person closely                  is in respect of a holding of 
       associated with a person discharging         the person referred to in 2 or 
       managerial responsibilities                  3 above or in respect of a non-beneficial 
       named in 2 and identify the                  interest 
       connected person                             Holding of Executive Director 
       Notification relates to Executive            named in 2 
       Director named in 2 
     --------------------------------------  ---  ------------------------------------------- 
      Description of shares or derivatives         Name of registered shareholder(s) 
       or other financial instruments               and, if more than one, number 
       linked to them                               of shares or derivatives or other 
       Ordinary shares of GBP0.01                   financial instruments linked to 
       each                                         them, held by each shareholder 
 
 5     ISIN: IE0003864109                     6     EMMA HYNES 
     --------------------------------------  ---  ------------------------------------------- 
      State the nature of the transaction 
       A CONDITIONAL AWARD IN RESPECT 
       OF 150,000 ORDINARY SHARES 
       OF GBP0.01 EACH IN GREENCORE 
       GROUP PLC UNDER THE GREENCORE 
       GROUP PLC 2013 PERFORMANCE 
       SHARE PLAN ("THE PLAN"). 
 
       EXCEPT OTHERWISE SPECIFIED 
       IN THE RULES OF THE PLAN, 
       OWNERSHIP OF THE SHARES WILL 
       TRANSFER TO MS. EMMA HYNES 
       IN THREE YEARS' TIME WITHOUT 
       PAYMENT AND SUBJECT TO HER 
       CONTINUED EMPLOYMENT BY GREENCORE 
       GROUP PLC. ONCE VESTED, THE 
       SHARES ARE SUBJECT TO A MANDATORY 
       TWO YEAR HOLDING PERIOD. VESTED             Number of shares, derivatives 
       AWARDS MAY NOT BE SOLD DURING                or other financial instruments 
       THE HOLDING PERIOD EXCEPT                    linked to them acquired 
 7     TO COVER TAX LIABILITIES.              8     150,000 ORDINARY shares 
     --------------------------------------  ---  ------------------------------------------- 
      Number of shares, derivatives                Price per share or derivative 
       or other financial instruments               or other financial instrument 
       linked to them disposed of                   linked to them or value of transaction 
 9     NONE                                   10    GBP1.3696 
     --------------------------------------  ---  ------------------------------------------- 
      Date and place of transaction                Date issuer informed of transaction 
 11    22 MAY 2020, JERSEY                    12    22 MAY 2020 
     --------------------------------------  ---  ------------------------------------------- 
                                                   Name of contact and telephone 
                                                    number for queries 
      Any additional information                    Jolene Gacquin 
 13    N/A                                    14    +353 (0)1 486 3309 
     --------------------------------------  ---  ------------------------------------------- 
      Name and signature of duly designated officer of issuer responsible 
       for making notification 
 
       Jolene Gacquin 
 
       Date of notification: 26 MAY 2020 
---  ---------------------------------------------------------------------------------------- 
 

Regulation 12(8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 ('the Regulations') provides that:

"person discharging managerial responsibilities", in relation to an issuer of financial instruments, means a person who is -

   (a)        a member of the administrative, management or supervisory bodies of the issuer, or 
   (b)        a senior executive - 
   (i)         who is not a member of the bodies referred to in paragraph (a) of this definition, 

(ii) having regular access to inside information relating, directly or indirectly, to the issuer, and

(iii) having the power to make managerial decisions affecting the future developments and business prospects of the issuer.

"person closely associated", in relation to a person discharging managerial responsibilities within an issuer of financial instruments, means -

   (a)        the spouse of the person discharging managerial responsibilities, 
   (b)        dependent children of the person discharging managerial responsibilities, 

(c) other relatives of the person discharging managerial responsibilities, who have shared the same household as that person for at least one year on the date of the transaction concerned,

   (d)        any person - 
   (i)         the managerial responsibilities of which are discharged by a person - 
   (i)         discharging managerial responsibilities within the issuer, or 
   (ii)        referred to in paragraph (a), (b) or (c) of this definition, 

(ii) that is directly or indirectly controlled by a person referred to in subparagraph (i) of paragraph (d) of this definition,

(iii) that is set up for the benefit of a person referred to in subparagraph (i) of paragraph (d) of this definition, or

(iv) the economic interests of which are substantially equivalent to those of a person referred to in subparagraph (i) of paragraph (d) of this definition;

Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility

This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland's Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.

All relevant boxes should be completed in block capital letters.

 
      Name of the Issuer 
       Greencore Group plc                         Name of person discharging managerial 
                                                    responsibilities 
 1     LEI: 635400GGBEWULJXM5868              2     Patrick Coveney 
 3    State whether notification              4    Indicate whether the notification 
       relates to a person closely                  is in respect of a holding of 
       associated with a person discharging         the person referred to in 2 or 
       managerial responsibilities                  3 above or in respect of a non-beneficial 
       named in 2 and identify the                  interest 
       connected person                             Holding of Executive Director 
       Notification relates to Executive            named in 2 
       Director named in 2 
     --------------------------------------  ---  ------------------------------------------- 
      Description of shares or derivatives         Name of registered shareholder(s) 
       or other financial instruments               and, if more than one, number 
       linked to them                               of shares or derivatives or other 
       Ordinary shares of GBP0.01                   financial instruments linked to 
       each                                         them, held by each shareholder 
 
 5     ISIN: IE0003864109                     6     Patrick Coveney 
     --------------------------------------  ---  ------------------------------------------- 
      State the nature of the transaction          Number of shares, derivatives 
       A PLEDGE OVER 1,200,000 ordinary             or other financial instruments 
       shares as collateral against                 linked to them acquired 
 7     a personal loan                        8     1,200,000 ORDINARY shares 
     --------------------------------------  ---  ------------------------------------------- 
                                                   Price per share or derivative 
                                                    or other financial instrument 
      Number of shares, derivatives                 linked to them or value of transaction 
       or other financial instruments               GBP1.27 (based on the closing 
       linked to them disposed of                   and AVERAGE share price per ordinary 
 9     none                                   10    share on 22 May 2020) 
     --------------------------------------  ---  ------------------------------------------- 
      Date and place of transaction                Date issuer informed of transaction 
 11    22 MAY 2020, Switzerland               12    22 MAY 2020 
     --------------------------------------  ---  ------------------------------------------- 
                                                   Name of contact and telephone 
                                                    number for queries 
      Any additional information                    Jolene Gacquin 
 13    N/A                                    14    +353 (0)1 486 3309 
     --------------------------------------  ---  ------------------------------------------- 
 
        Name and signature of duly designated officer of issuer responsible 
        for making notification 
 
        Jolene Gacquin 
 
        Date of notification: 26 MAY 2020 
---  ---------------------------------------------------------------------------------------- 
 

Regulation 12(8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 ('the Regulations') provides that:

"person discharging managerial responsibilities", in relation to an issuer of financial instruments, means a person who is -

   (a)        a member of the administrative, management or supervisory bodies of the issuer, or 
   (b)        a senior executive - 
   (i)         who is not a member of the bodies referred to in paragraph (a) of this definition, 

(ii) having regular access to inside information relating, directly or indirectly, to the issuer, and

(iii) having the power to make managerial decisions affecting the future developments and business prospects of the issuer.

"person closely associated", in relation to a person discharging managerial responsibilities within an issuer of financial instruments, means -

   (a)        the spouse of the person discharging managerial responsibilities, 
   (b)        dependent children of the person discharging managerial responsibilities, 

(c) other relatives of the person discharging managerial responsibilities, who have shared the same household as that person for at least one year on the date of the transaction concerned,

   (d)        any person - 
   (i)         the managerial responsibilities of which are discharged by a person - 
   (i)         discharging managerial responsibilities within the issuer, or 
   (ii)        referred to in paragraph (a), (b) or (c) of this definition, 

(ii) that is directly or indirectly controlled by a person referred to in subparagraph (i) of paragraph (d) of this definition,

(iii) that is set up for the benefit of a person referred to in subparagraph (i) of paragraph (d) of this definition, or

(iv) the economic interests of which are substantially equivalent to those of a person referred to in subparagraph (i) of paragraph (d) of this definition;

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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May 26, 2020 06:16 ET (10:16 GMT)

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