Director/PDMR Shareholding
Young & Co.’s Brewery, P.L.C. announced that executive directors were granted nil-cost options under its Long Term Incentive Plan 2026 on July 9, 2026. The CEO, Simon Dodd, received a total of 99,136 shares, comprising 66,091 performance-based and 33,045 time-based awards. The CFO, Mike Owen, was granted 67,240 shares, with 44,827 performance-based and 22,413 time-based awards. The CPO, Tracy Dodd, received 37,355 shares, consisting of 22,413 performance-based and 14,942 time-based awards. These awards are expected to vest on July 9, 2029, with performance conditions tied to adjusted earnings per share, like-for-like sales growth, and adjusted operating margin.
Select text to share a quote on X · sign in to keep highlights & notes in your YNGA notes
Circumstances giving rise to the notifications
The Company announces that awards were granted to the executive directors under the Company’s Long Term Incentive Plan 2026 (‘LTIP’) on 9 July 2026 in respect of A ordinary shares, as set out below:
| PDMR | Position | Number of shares subject to performance-based awards | Number of shares subject to time-based awards | Total number of shares subject to awards |
|---|---|---|---|---|
| Simon Dodd | CEO | 66,091 | 33,045 | 99,136 |
| Mike Owen | CFO | 44,827 | 22,413 | 67,240 |
| Tracy Dodd | CPO | 22,413 | 14,942 | 37,355 |
The awards are in the form of nil-cost options and no monetary consideration was paid for the awards. They are expected to vest and become exercisable on 9 July 2029.
The performance-based awards are subject to the satisfaction of the following performance conditions:
one-half on the Company’s adjusted earnings per share;
one-quarter on like-for-like sales growth; and
one-quarter on the Company’s adjusted operating margin.
These performance conditions will be measured against the financial performance of the Company for the year ending on or around 31 March 2029. 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 94 to 103 of the Company’s 2026 Annual Report.
The performance-based awards are equivalent to 100% of base salary for the CEO and the CFO and 75% of base salary for the CPO; the time-based awards are equivalent to 50% of base salary. The awards will vest and become exercisable subject to continued employment with the Company and, in the case of the performance-based awards, 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 | PDMR - Chief Executive Officer and PCA of Tracy Dodd, Chief People Officer and a PDMR of the issuer. The association arises by virtue of Simon Dodd being the spouse of Tracy Dodd. |
| b) | Initial notification / Amendment | Initial notification |
| a) | Name | Young & Co.’s Brewery, P.L.C. |
| b) | LEI | 213800JMZDORXCMKFW06 |
| 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 option under the Young’s Long Term Incentive Plan 2026 at nil cost. |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 99,136 |
| d) | Aggregated information - Aggregated volume - Price | 99,136 GBP Nil |
| e) | Date of the transaction | 2026-07-09 |
| 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 |
| a) | Name | Young & Co.’s Brewery, P.L.C. |
| b) | LEI | 213800JMZDORXCMKFW06 |
| 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 option under the Young’s Long Term Incentive Plan 2026 at nil cost. |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 67,240 |
| d) | Aggregated information - Aggregated volume - Price | 67,240 GBP Nil |
| e) | Date of the transaction | 2026-07-09 |
| 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 | PDMR - People Director and PCA of Simon Dodd, Chief Executive Officer and a PDMR of the issuer. The association arises by virtue of Tracy Dodd being the spouse of Simon Dodd. |
| b) | Initial notification / Amendment | Initial notification |
| a) | Name | Young & Co.’s Brewery, P.L.C. |
| b) | LEI | 213800JMZDORXCMKFW06 |
| 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 option under the Young’s Long Term Incentive Plan 2026 at nil cost. |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 37,355 |
| d) | Aggregated information - Aggregated volume - Price | 37,355 GBP Nil |
| e) | Date of the transaction | 2026-07-09 |
| f) | Place of the transaction | Outside a trading venue |
Séverine Béquin
Company Secretary
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.