Director/PDMR Shareholding

Source: RNS
RNS Number : 6323Z
Hilton Food Group PLC
15 September 2022


Hilton Food Group plc


Director/PDMR Shareholding



On 17 May 2022, Hilton disclosed the grant of awards of Shares to Executive Directors under the Hilton Food Group Long-Term Incentive Plan 2019. For the first time, the Group's Long-Term Incentive Plan contains a significant ESG element. This is to ensure that Executive Directors are incentivised to achieve continued delivery against the Group's sustainable protein plan.


The details of the Relative TSR targets were published in May. However, as a result of the Board working through the integration of a number of acquisitions, the Board agreed to set and disclose the EPS and ESG targets post grant albeit no later than 30 September 2022.


Hilton is now able to confirm the complete performance conditions covering the three financial years 2022-2024 as follows.







10% vesting

Maximum 100% vesting





5% growth

per annum

12% growth

per annum

Relative TSR compared with the constituents of the FTSE 250 (excluding investment trusts)




Upper quartile


i)     Scope 1 & 2 energy efficiency


6.5% reduction over 3 years

43.9% reduction over 3 years


ii)    Packaging recycled content


11.7% increase over 3 years

28.3% increase over 3 years


iii)   Food waste




15.0% reduction over 3 years

30.0% reduction over 3 years


Vesting for all the performance conditions above increase rise pro-rata between threshold and maximum limits.


Further details of the awards will be set out in the next Directors' Remuneration Report in respect of the 2022 financial year.


For further enquiries please contact: 


Neil George    

Company Secretary 

Tel.: +44 (0) 1480 387207, email:

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