Mitchells & Butlers Regulatory News (MAB)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Phil Urban

2 

Reason for the notification 

a) 

Position/status 

Director

b) 

Initial notification /Amendment 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a) 

Name 

Mitchells & Butlers plc

b) 

LEI 

213800JHYNDNB1NS2W10

4 

Details of the 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, type of instrument

Identification code 

Ordinary shares in Mitchells & Butlers plc

GB00B1FP6H53

b)

Nature of the transaction

Vesting of 34,076 shares on 13 December 2023 under the Mitchells & Butlers Short Term Deferred Incentive Plan ("STDIP") followed by the sale 16,049 shares on 14 December 2023 in order to discharge the tax and National Insurance contributions arising on that vesting. The disposal of shares to satisfy tax and National Insurance arising on vesting of incentive awards is consistent with the Company's shareholding policy which forms part of the Company's approved remuneration policy. The remainder of the shares after disposal will be retained and held by the director concerned in accordance with that shareholding policy. Vested shares are also subject to post cessation holding requirements as detailed in the Company's Remuneration Policy.

c) 

Price(s) and volume(s) 

d)

Aggregated information 

- Aggregated volume 

- Price 

N/A (single transaction)

e) 

Date of the transaction 

14 December 2023

f)

Place of the transaction 

London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Tim Jones

2 

Reason for the notification 

a) 

Position/status 

Director

b) 

Initial notification /Amendment 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a) 

Name 

Mitchells & Butlers plc

b) 

LEI 

213800JHYNDNB1NS2W10

4 

Details of the 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, type of instrument

Identification code 

Ordinary shares in Mitchells & Butlers plc

GB00B1FP6H53

b)

Nature of the transaction

Vesting of 28,514 shares on 13 December 2023 under the Mitchells & Butlers Short Term Deferred Incentive Plan ("STDIP") followed by the sale of 13,429 shares on 14 December 2023 in order to discharge the tax and National Insurance contributions arising on that vesting. The disposal of shares to satisfy tax and National Insurance arising on vesting of incentive awards is consistent with the Company's shareholding policy which forms part of the Company's approved remuneration policy. The remainder of the shares after disposal will be retained and held by the director concerned in accordance with that shareholding policy. Vested shares are also subject to post cessation holding requirements as detailed in the Company's Remuneration Policy.

c) 

Price(s) and volume(s) 

d)

Aggregated information 

- Aggregated volume 

- Price 

N/A (single transaction)

e) 

Date of the transaction 

14 December 2023

f)

Place of the transaction 

London Stock Exchange