Shepherd Neame : DIRECTOR / PDMR ANNOUNCEMENT

The following notification is made under article 19 of the UK Market Abuse Regulation.

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") ISINGB00BMQX2R72
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

Glenda Flanagan of Shepherd Neame Limited accept responsibility for this announcement.

For further information, please contact:

Shepherd Neame Limited Tel: [phone]
Jonathan Neame, Chief Executive
Mark Rider, Chief Financial Officer

Peel Hunt LLP Tel: [phone]
Dan Webster
Andrew Clark

Instinctif Partners Tel: [phone]
Matthew Smallwood