Holding(s) in Company

NOTIFICATION OF MAJOR HOLDINGS

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

PREMIER FOODS PLC

1b. Please indicate if the issuer is a non-UK issuer

Non-UK issuer

2. Reason for the notification

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify):

Loss of voting rights due to a transfer of assets to an externally managed fund.

x

3. Details of person subject to the notification obligation

Name

M&G Plc

City and country of registered office (if applicable)

London, United Kingdom

4. Full name of shareholder(s) (if different from 3.)

Name

City and country of registered office (if applicable)

5. Date on which the threshold was crossed or reachedi:

22-Apr-2022

6. Date on which issuer notified (DD/MM/YYYY):

25-Apr-2022

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer (8.A + 8.B)

Resulting situation on the date on which threshold was crossed or reached

4.046980

0.000000

4.046980

34,916,779

Position of previous notification (if

applicable)

5.022846

0.012749

5.035595

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rights

% of voting rights

Direct

(DTR5.1)

Indirect

 (DTR5.2.1)

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

GB00B7N0K053

34,916,779

4.046980

SUBTOTAL 8. A

34,916,779

4.046980%

B 1: Financial Instruments according to DTR5.3.1R (1) (a)

Type of financial instrument

Expirationdate

Exercise/Conversion Period

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

GB00B7N0K053 Lent Share (right of recall)

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)

Type of financial instrument

Expirationdate

Exercise/Conversion Period

Physical or cash

Settlement

Number of voting rights

% of voting rights

SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)

Name

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

M&G Plc (Parent Company)

M&G Group Regulated Entity Holding Company Limited (wholly owned subsidiary of M&G Plc)

M&G Group Limited (wholly owned subsidiary of M&G Group Regulated Entity Holding Company Limited)

M&G FA Limited (wholly owned subsidiary of M&G Group Limited)

M&G Investment Management Limited (wholly owned subsidiary of M&G FA Limited)

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional information

We no longer hold a notifiable interest.

Place of completion

London, United Kingdom

Date of completion

25-Apr-2022