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Director/PDMR Shareholding

28 Nov 2019 13:00

RNS Number : 0298V
Mitchells & Butlers PLC
28 November 2019
 

28 November 2019

 

Mitchells & Butlers plc

LEI no. 213800JHYNDNB1NS2W10

Director/PDMR Shareholding

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gary John

2 

Reason for the notification 

a) 

Position/status 

PDMR

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

 

 

Exercise of an option over 42,427 shares on 27 November 2019 arising on the vesting of an award under the Mitchells & Butlers Performance Restricted Share Plan ("PRSP"), followed by the sale of 20,012 shares on 27 November 2019 in order to discharge the tax and National Insurance contributions arising on that exercise.

c) 

Price(s) and volume(s) 

 

Price(s)

Volume(s)

Nominal £2 (exercise price)

 

£4.54 (sale price)

42,427 exercised, of which 22,415 were retained and 20,012 were sold

d)

 

Aggregated information 

 

- Aggregated volume 

 

- Price 

 

 

 

N/A (single transaction)

 

e) 

Date of the transaction 

27 November 2019

f)

Place of the transaction 

London Stock Exchange

 

 

Enquiries:

Denise Burton

Deputy Company Secretary

0121 498 6514

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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