Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Robert Watson

 Philip Heffer

 Nigel Majewski

2

Reason for the notification

a)

Position/status

Executive Chairman

CEO

CFO

b)

Initial notification /Amendment 

Initial notification

Initial notification

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

Name

Hilton Food Group plc

b)

LEI

213800JY7VJFS2OOX355

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 10p each

HFG - GB00B1V9NW54

b)

Nature of the transaction

Grant of Awards of Shares to Directors under the Hilton Food Group Long-Term Incentive Plan 2019.

Awards will normally vest on 28 September 2023 subject to continued employment and meeting performance conditions covering the three financial years 2020-2022. The performance conditions include:

i) EPS growth, carrying a 70% weighting, with threshold growth of 6% per annum where 10% of the options will vest rising to EPS growth of at least 12% per annum where 100% of the options will vest; and

ii) TSR growth, carrying a 30% weighting, with threshold vesting for median performance against the constituents of the FTSE 250 (excluding investment trusts) where 10% of the options will vest rising to TSR growth of at least upper quartile performance where 100% of the options will vest.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Not applicable.

e)

Date of the transaction 

28 September 2020

f)

Place of the transaction 

XOFF