TIDMKYGA

RNS Number : 0512S

Kerry Group PLC

14 March 2016

Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility

This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland's Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.

All relevant boxes should be completed in block capital letters.

 
           Name of the Issuer                 Name of person discharging 
                                              managerial responsibilities 
 1           KERRY GROUP PLC          2             MR BRIAN DURRAN 
---  ------------------------------  ---  ---------------------------------- 
       State whether notification          Indicate whether the notification 
           relates to a person                 is in respect of a holding 
            closely associated                   of the person referred 
        with a person discharging                to in 2 or 3 above or 
       managerial responsibilities           in respect of a non-beneficial 
         named in 2 and identify                        interest 
           the connected person 
 3                 N/A                4              AS IN 2 ABOVE 
---  ------------------------------  ---  ---------------------------------- 
                                           Name of registered shareholder(s) 
          Description of shares                  and, if more than one, 
         or derivatives or other            number of shares or derivatives 
          financial instruments              or other financial instruments 
              linked to them                    linked to them, held by 
                                                    each shareholder 
           A ORDINARY SHARES OF 
 5            EUR0.125 EACH           6             MR BRIAN DURRAN 
---  ------------------------------  ---  ---------------------------------- 
           State the nature of 
             the transaction 
 
         (1) Allocation of 3,124 
           share options under 
         the terms of the Group's            Number of shares, derivatives 
           Long and Short Term               or other financial instruments 
             Incentive Plans                    linked to them acquired 
         (2) Sale of 8,230 shares 
 7       from previous allocation     8                   N/A 
---  ------------------------------  ---  ---------------------------------- 
                                             Price per share or derivative 
      Number of shares, derivatives          or other financial instrument 
            or other financial                  linked to them or value 
            instruments linked                       of transaction 
           to them disposed of                       (1) 12.5 cent 
 9              (2) 8,230             10              (2) EUR79.08 
---  ------------------------------  ---  ---------------------------------- 
      Date and place of transaction             Date issuer informed of 
                                                      transaction 
          11 MARCH 2016, TRALEE, 
 11              CO KERRY             12             11 MARCH 2016 
---  ------------------------------  ---  ---------------------------------- 
                                             Name of contact and telephone 
                                                   number for queries 
       Any additional information                BRIAN DURRAN + 353 66 
                                                        7182000 
 13                N/A                14      FRANK HAYES + 353 66 7182000 
---  ------------------------------  ---  ---------------------------------- 
 
        Person authorised on behalf of the issuer responsible 
        for making the notification: 
 
        Brian Durran, Group Secretary 
 
        Date of notification:14 MARCH 2016 
---  ----------------------------------------------------------------------- 
 

Information required under Irish Stock Exchange Listing Rule 6.10

The following additional information is required to be disclosed under ISE Listing Rule 6.10 in respect of interests in securities of a director or secretary or their connected persons. An issuer is not being required to submit the information below to the Central Bank in respect of any PDMR who is also a director/secretary/connected persons.

 
                                       State whether the notification 
                                             relates to a single 
         Name of director or             transaction being notified 
          secretary (if not                in accordance with the 
        required to be stated              Market Abuse Rules and 
              in box 2)                          ISE LR 6.10 
 
 15       As per no 2 above       16                 Yes 
---  --------------------------  ---  ------------------------------- 
                                         Percentage of issued class 
        Description of class              acquired (treasury shares 
               of share                   of that class should not 
                                            be taken into account 
          A ORDINARY SHARES             when calculating percentage) 
 17        OF EUR0.125 EACH       18                 N/A 
---  --------------------------  ---  ------------------------------- 
                                          Total holding following 
        Percentage of issued               notification and total 
       class disposed (treasury         percentage holding following 
         shares of that class            notification (any treasury 
         should not be taken             shares should not be taken 
          into account when             into account when calculating 
       calculating percentage)                   percentage) 
 
 19              N/A              20                 N/A 
---  --------------------------  ---  ------------------------------- 
 

If a person whose interests are required to be disclosed under ISE Listing Rule 6.10 has been granted options by the issuer, please complete the following boxes:

 
                                           Period during which or 
                                           date on which it can be 
                                                  exercised 
 
                                        LTIP: 11/03/2016 - 10/03/2023 
           Date of grant                        (2,650 OPTONS) 
                                        STIP: 11/03/2016 - 10/03/2021 
 21         11 MARCH 2016        22             (474 OPTIONS) 
---  -------------------------  ---  ---------------------------------- 
         Total amount paid                    Description of shares 
         (if any) for grant                 involved (class and number) 
            of the option 
                                            (1) 3,124 A ORDINARY SHARES 
 23              Nil             24              OF EUR0.125 EACH 
---  -------------------------  ---  ---------------------------------- 
         Exercise price (if 
       fixed at time of grant) 
         or indication that 
         the price is to be                Total number of shares 
          fixed at the time                 over which options are 
             of exercise                 held following notification 
 
 25           12.5 CENT          26                 18,614 
---  -------------------------  ---  ---------------------------------- 
 
   Name and signature of duly designated officer of 
   issuer responsible for making notification: 
 
 
   Brian Durran, Group Secretary 
 
 
   Date of notification: 14 MARCH 2016 
----------------------------------------------------------------------- 
 

The duly designated officer of the issuer responsible for making this notification acknowledges and confirms that he/she is aware that the information as has been provided in response to the questions 15 to 26 above is not information which has been required by or which has been requested by the Central Bank, and is information which is required to be provided to the Irish Stock Exchange only.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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