8th Apr 2014 10:17
LONDON (Alliance News) - Premier Foods PLC Tuesday said a group of directors including Chief Executive Gavin Darby acquired new shares at a price of 50 pence per share as a result of its recent rights issue.
Details are as follows.
Name of director | Holding as at 4 March 2014 | Placing Shares acquired | Total number of rights taken up | Total beneficial holding following the Rights Issue | Total percentage of issued share capital |
David Beever | 31,900 | 11,538 | 69,500 | 112,938 | 0.014% |
Gavin Darby | 750,268 | 240,769 | 1,585,658 | 2,614,709 | 0.317% |
Alastair Murray | - | 119,047 | 190,475 | 309,522 | 0.038% |
Ian Krieger | 20,000 | 20,000 | 64,000 | 104,000 | 0.013% |
Jennifer Laing | 16,078 | 5,000 | 33,724 | 54,802 | 0.007% |
Charles Miller Smith | 325,027 | 76,923 | 643,119 | 1,045,069 | 0.127% |
Pam Powell | - | 33,076 | 52,921 | 85,997 | 0.010% |
David Wild | 5,000 | 25,000 | 48,000 | 78,000 | 0.009% |
The company also said the following managers acquired shares from the share placing.
Name of PDMR | Holding as at 4 March 2014 | Total number of rights taken up | Total beneficial holding following the Rights Issue | Total percentage of issued share capital |
Ian Deste | 73,897 | 117,876 | 191,773 | 0.023% |
Mark Hughes | 30,873 | 49,396 | 80,269 | 0.010% |
Richard Johnson | 20,000 | 32,000 | 52,000 | 0.006% |
Andrew McDonald | 4,108 | 6,572 | 10,680 | 0.001% |
Bob Spooner | 80,000 | 128,000 | 208,000 | 0.025% |
Mark Vickery | 37,119 | 59,389 | 96,508 | 0.012% |
Premier said Tuesday that it has completed its rights issue, raising GBP353 million. The 8 for 5 issue of 506.8 million shares at 50 pence each received acceptances for 488.8 million shares, or 96.4% of the total number. The remainder were placed by underwriters Credit Suisse, Jefferies and HSBC at 67 pence a share.
Shares in the food distributor were trading at 70.43 pence up 2.8% Tuesday morning.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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