Director/PDMR Shareholding

LONDON--(BUSINESS WIRE)-- 

Young & Co.’s Brewery, P.L.C.

(the “Company”)

PDMR Notifications

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Circumstances giving rise to the notifications

Under the terms of the Company’s deferred annual bonus awards for the Company’s financial period ended 3 April 2017, certain directors were eligible to subscribe at nominal value for a set number of the Company’s A shares. The terms of issue included a performance condition related to the Company’s adjusted earnings per ordinary share from continuing operations for the financial year ending 30 March 2020 and the extent to which those earnings exceeded the same measure for the financial period ended 28 March 2016. If the performance condition were not met in full, then the director concerned would be required to transfer all or a percentage of those shares for no consideration back to the Company, or to an employee benefit trust designated by the Company for this purpose.

Further background detail on the operation of the scheme as it related to the Company’s financial period ended 3 April 2017 and the numbers of shares subsequently awarded and subscribed for is set out in the announcement made by the Company on 7 June 2017.

The outcome of the performance condition is now known and the Company’s remuneration committee has determined that the following directors must transfer the following shares for nil consideration to RBT II Trustees Limited, being the trustee of the Ram Brewery Trust II which is the employee benefit trust designated by the Company for this purpose:

• Patrick Dardis - 6,185 shares; and

• Torquil Sligo-Young - 2,466 shares.

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Notifications

In connection with the above, the Company today received the following notifications:

From Patrick Dardis

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Patrick Anthony Dardis
2	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Young & Co.’s Brewery, P.L.C.
b)	LEI	213800JMZDORXCMKFW06
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	A Ordinary shares of 12.5p each in the issuer’s capital.       GB00B2NDK765
b)	Nature of the transaction	Transfer of shares
c)	Price(s) and volume(s)	Price(s) Volume(s)   £nil 6,185
d)	Aggregated information - Aggregated volume - Price	6,185 £nil
e)	Date of the transaction	8 June 2020; 08.02 GMT
f)	Place of the transaction	Outside a trading venue

From Torquil Sligo-Young

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Torquil Charles fflorance Barrow Sligo-Young
2	Reason for the notification
a)	Position/status	Information Resources Director
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Young & Co.’s Brewery, P.L.C.
b)	LEI	213800JMZDORXCMKFW06
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	A Ordinary shares of 12.5p each in the issuer’s capital.       GB00B2NDK765
b)	Nature of the transaction	Transfer of shares
c)	Price(s) and volume(s)	Price(s) Volume(s)   £nil 2,466
d)	Aggregated information - Aggregated volume - Price	2,466 £nil
e)	Date of the transaction	8 June 2020; 08.02 GMT
f)	Place of the transaction	Outside a trading venue

Krishan Pandit

Assistant Company Secretary

Monday, 8 June 2020

Tel: [phone]