Greggs PLC - Director/PDMR Shareholding

RNS Number:5576S
Greggs PLC
17 April 2008

Greggs plc (Company) announces that, on 17 April 2008, the following directors
of the Company purchased ordinary shares of 20p each in the capital of the
Company (Shares) and were granted nil cost options over Shares, all pursuant to
the Greggs plc Long Term Incentive Plan 2006 (Scheme).

Richard Hutton

839 Shares purchased at £44.75 per Share
Nil cost options granted over 2,846 Shares

Raymond Reynolds

740 Shares purchased at £44.75 per Share
Nil cost options granted over 2,510 Shares

The performance target in relation to the nil cost options are a growth in
Earnings per Share at +3% above RPI to entitle the option holder to 50% of the
total number of options granted and growth in Earnings per Share at +10% above
RPI to entitle the option holder to 100% of the total number of options granted.
For Earnings per Share growth between +3% and +10% above RPI a pro rated scale
of between 50% and 100% will be applied.

Following these purchases and grants, the relevant directors (and their
connected persons) have the following interests in the share capital of the
Company (excluding options):

Richard Hutton

2,333 (0.02%)

215,000 (2.04%) as trustee of Greggs Trust

Raymond Reynolds

4,328 (0.04%)

In addition, Richard Hutton and Raymond Reynolds also have a potential
beneficial interest in the 340,254 (3.24%) Shares held by the Company's Employee
Benefit Trust.

This information is provided by RNS
The company news service from the London Stock Exchange
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