Director / PDMR Shareholding

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Jonathan Beale Neame

2

Reason for the notification

a)

Position/Status:

Director

b)

Initial Notification/Amendment:

Initial Notification

3

Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor

a)

Name:

Shepherd Neame Limited

b)

LEI:

2138005EBUHGVOACDX31

4.

Details of 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:

Identification code:

Ordinary shares of 50p each (“Ordinary Shares”)

ISIN GB00BMQX2R72

b)

Nature of the transaction:

Exercise of share options of Ordinary Shares

c)

Price(s) and volume(s):

Price(s)

Volume(s)

50p (exercise price)

11,975

d)

Aggregated price(s) and volume(s):

Price(s)

Volume(s)

N/a

N/a

e)

Date of the Transaction:

29th May 2019

f)

Place of the Transaction:

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Jonathan Beale Neame

2

Reason for the notification

a)

Position/Status:

Director

b)

Initial Notification/Amendment:

Initial Notification

3

Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor

a)

Name:

Shepherd Neame Limited

b)

LEI:

2138005EBUHGVOACDX31

4.

Details of 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:

Identification code:

Ordinary shares of 50p each (“Ordinary Shares”)

ISIN GB00BMQX2R72

b)

Nature of the transaction:

Exercise of share options of Ordinary Shares

c)

Price(s) and volume(s):

Price(s)

Volume(s)

£1.00 (exercise price)

6,040

d)

Aggregated price(s) and volume(s):

Price(s)

Volume(s)

N/a

N/a

e)

Date of the Transaction:

29th May 2019

f)

Place of the Transaction:

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Jonathan Beale Neame

2

Reason for the notification

a)

Position/Status:

Director

b)

Initial Notification/Amendment:

Initial Notification

3

Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor

a)

Name:

Shepherd Neame Limited

b)

LEI:

2138005EBUHGVOACDX31

4.

Details of 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:

Identification code:

Ordinary shares of 50p each (“Ordinary Shares”)

ISIN GB00BMQX2R72

b)

Nature of the transaction:

Transfer of Ordinary Shares to Ms Violette Rose Neame

c)

Price(s) and volume(s):

Price(s)

Volume(s)

Nil

500

d)

Aggregated price(s) and volume(s):

Price(s)

Volume(s)

N/a

N/a

e)

Date of the Transaction:

29th May 2019

f)

Place of the Transaction:

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Jonathan Beale Neame

2

Reason for the notification

a)

Position/Status:

Director

b)

Initial Notification/Amendment:

Initial Notification

3

Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor

a)

Name:

Shepherd Neame Limited

b)

LEI:

2138005EBUHGVOACDX31

4.

Details of 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:

Identification code:

Ordinary shares of 50p each (“Ordinary Shares”)

ISIN GB00BMQX2R72

b)

Nature of the transaction:

Transfer of Ordinary Shares to Ms Lucy Catherine Goodman

c)

Price(s) and volume(s):

Price(s)

Volume(s)

Nil

100

d)

Aggregated price(s) and volume(s):

Price(s)

Volume(s)

N/a

N/a

e)

Date of the Transaction:

29th May 2019

f)

Place of the Transaction:

Outside a trading venue