Young & Co.’s Brewery, P.L.C. (the “Company”)

Notifications by PDMRs and persons closely associated with PDMRs

Circumstances giving rise to the notifications

The Company announces that awards were granted to the executive directors under the Long-Term Incentive Plan (‘LTIP’) on 10 July 2024, as set out below:

PDMR

Number of shares subject to awards1

Vesting Date

Simon Dodd

51,2822

10 July 2027

Mike Owen

35,8972

10 July 2027

Tracy Dodd

18,1443

10 July 2027

Mark Loughborough

18,1443

10 July 2027

Notes

1 The awards are in the form of a nil-cost option and no monetary consideration was paid for the awards. The awards are subject to the satisfaction of performance conditions. The remuneration committee has decided that the awards will be based on the following performance conditions:

- two-thirds on the Company’s adjusted earnings per share growth to the year ending on or around 31 March 2027; and

- one-third on total shareholder return relative to a comparator group of the Company’s peers.

The remuneration committee believes that the selection of the above performance conditions will ensure that the vesting outcome is fully aligned with the shareholder experience. Further information about the plan is provided on pages 80 to 85 and 151 to 152 of the Company’s 2024 Annual Report.

2 This award is equivalent to 100% of base salary. The award will vest and become exercisable subject to continued employment with the Company and the extent to which performance conditions are met.

3 This award is equivalent to 75% of base salary. The award will vest and become exercisable subject to continued employment with the Company and the extent to which performance conditions are met.

Notifications

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

From Simon Dodd:

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Simon Dodd

 

2

Reason for the notification

 

a)

Position/status

Chief Executive Officer

 

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 capital of Young & Co.’s Brewery, P.L.C.

 

 

 

GB00B2NDK765

 

b)

 

Nature of the transaction

Grant of an LTIP award under the Young’s Long Term Incentive Plan at nil cost.

 

c)

 

 

Price(s) and volume(s)

Price(s) Volume(s)

Nil 51,282

d)

Aggregated information

- Aggregated volume

- Price

 

 

51,282

GBP Nil

 

e)

Date of the transaction

2024-07-10

 

f)

Place of the transaction

Outside a trading venue

From Simon Dodd:

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Simon Dodd

 

2

Reason for the notification

 

a)

Position/status

This notification concerns Simon Dodd in his additional capacity as a person closely associated with a person discharging managerial responsibilities. The person discharging managerial responsibilities is Tracy Dodd, the issuer’s People Director. The association arises by virtue of Simon Dodd being the spouse of Mrs. Dodd.

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 capital of Young & Co.’s Brewery, P.L.C.

 

 

 

GB00B2NDK765

 

b)

 

Nature of the transaction

Grant of an LTIP award under the Young’s Long Term Incentive Plan at nil cost.

 

c)

 

 

Price(s) and volume(s)

Price(s) Volume(s)

Nil 51,282

d)

Aggregated information

- Aggregated volume

- Price

 

 

51,282

GBP Nil

e)

Date of the transaction

2024-07-10

 

f)

Place of the transaction

Outside a trading venue

From Mike Owen:

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Mike Owen

 

2

Reason for the notification

 

a)

Position/status

Chief Financial Officer

 

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 capital of Young & Co.’s Brewery, P.L.C.

 

 

 

GB00B2NDK765

 

b)

 

Nature of the transaction

Grant of an LTIP award under the Young’s Long Term Incentive Plan at nil cost.

 

c)

 

 

Price(s) and volume(s)

Price(s) Volume(s)

Nil 35,897

d)

Aggregated information

- Aggregated volume

- Price

 

 

35,897

GBP Nil

 

e)

Date of the transaction

2024-07-10

 

f)

Place of the transaction

Outside a trading venue

From Tracy Dodd:

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Tracy Dodd

 

2

Reason for the notification

 

a)

Position/status

People 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 capital of Young & Co.’s Brewery, P.L.C.

 

 

 

GB00B2NDK765

 

b)

 

Nature of the transaction

Grant of an LTIP award under the Young’s Long Term Incentive Plan at nil cost.

 

c)

 

 

Price(s) and volume(s)

Price(s) Volume(s)

Nil 18,144

d)

Aggregated information

- Aggregated volume

- Price

 

 

18,144

GBP Nil

 

e)

Date of the transaction

2024-07-10

 

f)

Place of the transaction

Outside a trading venue

From Tracy Dodd:

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Tracy Dodd

 

2

Reason for the notification

 

a)

Position/status

This notification concerns Tracy Dodd in her additional capacity as a person closely associated with a person discharging managerial responsibilities. The person discharging managerial responsibilities is Simon Dodd, the issuer’s Chief Executive Officer. The association arises by virtue of Tracy Dodd being the spouse of Mr. Dodd.

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 capital of Young & Co.’s Brewery, P.L.C.

 

 

 

GB00B2NDK765

 

b)

 

Nature of the transaction

Grant of an LTIP award under the Young’s Long Term Incentive Plan at nil cost.

 

c)

 

 

Price(s) and volume(s)

Price(s) Volume(s)

Nil 18,144

d)

Aggregated information

- Aggregated volume

- Price

 

 

18,144

GBP Nil

 

e)

Date of the transaction

2024-07-10

 

f)

Place of the transaction

Outside a trading venue

From Mark Loughborough:

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Mark Loughborough

 

2

Reason for the notification

 

a)

Position/status

Retail 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 capital of Young & Co.’s Brewery, P.L.C.

 

 

 

GB00B2NDK765

 

b)

 

Nature of the transaction

Grant of an LTIP award under the Young’s Long Term Incentive Plan at nil cost.

 

c)

 

 

Price(s) and volume(s)

Price(s) Volume(s)

Nil 18,144

d)

Aggregated information

- Aggregated volume

- Price

 

 

18,144

GBP Nil

 

e)

Date of the transaction

2024-07-10

 

f)

Place of the transaction

Outside a trading venue

Chris Taylor

Company Secretary

Thursday 11 July 2024

Tel: 020 8875 7000

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