DIRECTOR / PDMR ANNOUNCEMENT

1

Details of the person discharging managerial responsibilities/person closely associated 

a)

Name:

Michael Prior

2

Reason for the notification 

a)

Position/Status: 

PDMR

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 options over Ordinary Shares

c)

Price(s) and volume(s):

Price(s)

Volume(s)

£0.50

645

d)

Aggregated price(s) and volume(s):

Price(s)

Volume(s)

N/a

N/a

e)

Date of the Transaction: 

28 March 2024

f)

Place of the Transaction:

Outside a trading venue