REG - Cranswick PLC - Director/PDMR Shareholding
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RNS Number : 8966G Cranswick PLC 03 June 2026
Director/PDMR Shareholding
Cranswick plc ("the Company")
The Company has been notified that the awards of LTIP nil-cost options
summarised in the table below has been made, pursuant to the Cranswick Long
Term Incentive Plan (the "LTIP"). The awards have been granted over ordinary
shares of 10 pence each in the Company ("Ordinary Shares").
In accordance with the Directors' Remuneration Policy, each Executive Director
has been granted a "Core LTIP Award" and an "Exceptional Performance LTIP
Award".
Name No. of Ordinary Shares subject to Core LTIP Award No. of Ordinary Shares subject to Exceptional Performance LTIP Award
Adam Couch 36,630 18,315
Mark Bottomley 21,900 5,475
Jim Brisby 21,900 5,475
Chris Aldersley 21,900 5,475
The awards were granted on 1 June 2026 in accordance with the LTIP and are
based on a share price of 5523.33 pence per Ordinary Share, being the average
quoted market price of the Company's shares on the three dealing days prior to
the date of grant.
Each person has also been granted a tax qualifying option over 360 Ordinary
Shares at an exercise price of 5523.33 pence per Ordinary Share as part of
their award. These tax qualifying options are linked to the Core LTIP Award
such that, at the time of exercise, to the extent that there is a gain in the
tax qualifying option, the Core LTIP Award will be forfeited to the value of
that gain.
Vesting of the LTIP options under the Core LTIP Award is subject to the
achievement of performance criteria based on growth in Earnings per Share
("EPS") (as regards 50% of each award) and Return on Capital Employed ("ROCE")
(as regards 50% of each award).
Vesting of LTIP options under the Exceptional Performance LTIP Award is
subject to the achievement of performance criteria based on relative Total
Shareholder Return ("TSR").
The targets applying to each element are as follows.
Target
EPS Threshold 340.6 pence per ordinary share
Maximum 394.6 pence per ordinary share
ROCE Threshold 17 per cent
Maximum 19 per cent
TSR Threshold 75(th) percentile
Maximum 90(th) percentile
Notes
Threshold performance results in 25% of that element vesting.
TSR performance will be measured against companies in the FTSE 250 Index
(excluding investment trusts).
Enquiries:
Steven Glover, Company Secretary tel: 01482 275000
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Christopher Aldersley
2 Reason for the notification
a) Position/status Director
b) Initial notification/amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Cranswick plc
b) LEI 549300LDZLPU51XOSK43
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 Ordinary shares of 10 pence each
Identification code
GB0002318888
b) Nature of the transaction Grant of LTIP awards
c) Price(s) and volume(s) Price(s) Volume(s)
Grant of Core LTIP Award 0p 21,900
Grant of Exceptional Performance LTIP Award 0p 5,475
Grant of CSOP Option 5523.33p 360
d) Aggregated information
- Aggregated volume n/a
- Price n/a
- Purpose Option Grant
e) Date of the transaction 1 June 2026
f) Place of the transaction Outside a Trading Venue
d)
Aggregated information
- Aggregated volume
- Price
- Purpose
n/a
n/a
Option Grant
e)
Date of the transaction
1 June 2026
f)
Place of the transaction
Outside a Trading Venue
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name John Mark Bottomley
2 Reason for the notification
a) Position/status Director
b) Initial notification/amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Cranswick plc
b) LEI 549300LDZLPU51XOSK43
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 Ordinary shares of 10 pence each
Identification code
GB0002318888
b) Nature of the transaction Grant of LTIP awards
c) Price(s) and volume(s) Price(s) Volume(s)
Grant of Core LTIP Award 0p 21,900
Grant of Exceptional Performance LTIP Award 0p 5,475
Grant of CSOP Option 5523.33p 360
d) Aggregated information
- Aggregated volume n/a
- Price n/a
- Purpose Option Grant
e) Date of the transaction 1 June 2026
f) Place of the transaction Outside a Trading Venue
d)
Aggregated information
- Aggregated volume
- Price
- Purpose
n/a
n/a
Option Grant
e)
Date of the transaction
1 June 2026
f)
Place of the transaction
Outside a Trading Venue
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name James Robert Brisby
2 Reason for the notification
a) Position/status Director
b) Initial notification/amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Cranswick plc
b) LEI 549300LDZLPU51XOSK43
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 Ordinary shares of 10 pence each
Identification code
GB0002318888
b) Nature of the transaction Grant of LTIP awards
c) Price(s) and volume(s) Price(s) Volume(s)
Grant of LTIP Option 0p 21,900
Grant of Exceptional Performance LTIP Award 0p 5,475
Grant of CSOP Option 5523.33p 360
d) Aggregated information
- Aggregated volume n/a
- Price n/a
- Purpose Option Grant
e) Date of the transaction 1 June 2026
f) Place of the transaction Outside a Trading Venue
d)
Aggregated information
- Aggregated volume
- Price
- Purpose
n/a
n/a
Option Grant
e)
Date of the transaction
1 June 2026
f)
Place of the transaction
Outside a Trading Venue
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Adam Hartley Couch
2 Reason for the notification
a) Position/status Director
b) Initial notification/amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Cranswick plc
b) LEI 549300LDZLPU51XOSK43
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 Ordinary shares of 10 pence each
Identification code
GB0002318888
b) Nature of the transaction Grant of LTIP awards
c) Price(s) and volume(s) Price(s) Volume(s)
Grant of Core LTIP Option 0p 36,630
Grant of Exceptional Performance LTIP Award 0p 18,315
Grant of CSOP Option 5523.33p 360
d) Aggregated information
- Aggregated volume n/a
- Price n/a
- Purpose Option Grant
e) Date of the transaction 1 June 2026
f) Place of the transaction Outside a Trading Venue
d)
Aggregated information
- Aggregated volume
- Price
- Purpose
n/a
n/a
Option Grant
e)
Date of the transaction
1 June 2026
f)
Place of the transaction
Outside a Trading Venue
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