Transaction In Own Shares | Shepherd Neame

The following share transactions have been notified to the Company and are reported accordingly:

On 2 November 2016, the Company awarded the following Ordinary Shares to its Executive Directors under the terms of the Shepherd Neame Limited Share Incentive Plan. The mid-price of Ordinary Shares at the close of business as at the date of award was £12.65. In accordance with the Rules of the Plan, the free shares are awarded and held in Trust for the Directors for a minimum period of three years.

Name	Number of ordinary shares awarded under SIP	Resultant beneficial interest in ordinary shares held	Resultant percentage of issued share capital
G H A Barnes	273	40,665	0.27%
N J Bunting	273	14,616	0.10%
G R Craig	259	5,572	0.04%
J B Neame	284	149,258	1.00%
M J Rider	273	3,218	0.02%

The following directors exercised options granted by the Company under the Shepherd Neame 2005 Restricted Share Scheme on 18 October 2013 and vesting on 18 October 2016:

Name	Date of notification and transaction	Nature of transaction	Number of ordinary shares	Price paid per ordinary share	Resultant number of shares held
J B Neame	14 March 2017	Disposal of shares	975	£12.95	148,283 (1.00%)
G H A Barnes	17 March 2017	Exercise of share options	2,364	£1 (mid price £12.925 less Option price used for tax purposes)	43,029 (0.29%)
N J Bunting	17 March 2017	Exercise of share options	2,332	£1 (mid price £12.925 less Option price used for tax purposes)
N J Bunting	17 March 2017	Disposal of shares	1,096	£12.85	15,852 (0.11%)
G R Craig	17 March 2017	Exercise of share options	2,332	£1 (mid price £12.925 less Option price used for tax purposes)
G R Craig	17 March 2017	Disposal of shares	1,096	£12.85
G R Craig	21 March 2017	Disposal of shares	103	£12.87	6,705 (0.05%)
M J Rider	17 March 2017	Exercise of share options	2,790	£1 (mid price £12.925 less Option price used for tax purposes)
M J Rider	17 March 2017	Disposal of shares	1,911	£12.85
M J Rider	23 March 2017	Disposal of shares	125	£12.90
M J Rider	24 March 2017	Transfer to wife, Mrs Katherine Rider	754	nil	3,972 (0.03%)

The following PDMRs notified share transactions

Name

Date of notification and transaction

Nature of transaction

Number of ordinary shares

Price paid per ordinary share

K Griffin

15 March 2017

Disposal of shares

684

£12.95

G Hilton

13 March 2017

Disposal of shares

500

£12.90

The Directors of Shepherd Neame Limited accept responsibility for this announcement.

For further information, please contact:

Shepherd Neame Limited
Jonathan Neame, Chief Executive Mark Rider, Finance and IT Director	Tel: 01795 532206
Kreab
Christina Clark / Anna Gustafsson	Tel: 020 7074 1800 / 07776 171 210
Regional and Trade Media Contact:
John Humphreys	Tel: 01795 542051 / 07793 294 469

Note: The Directors of Shepherd Neame Limited accept responsibility for this announcement.