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28 Nov 2025 12:36
28 November 2025
Notification of interests of directors and persons discharging managerial responsibilities
Marston's PLC (the "Company") announces that on 27 November 2025, Stephen Hopson, the Company's Chief Financial Officer, was granted awards over ordinary shares in the Company under the Company's Long Term Incentive Plan (the "Plan"), as set out below (the "Buyout LTIP Awards").
The Buyout LTIP Awards were awarded to compensate Mr Hopson for three awards over shares in his former employer, Topps Tiles plc ("Topps Tiles"), which were forfeited on leaving Topps Tiles. The Buyout LTIP Awards are in the form of nil-cost options.
| Number of Company shares | Date option will normally be released* |
2022 Buyout Nil-Cost Option | 444,812 | 15 December 2027 |
2023 Buyout Nil-Cost Option | 408,887 | 13 December 2028 |
2024 Buyout Nil-Cost Option | 509,061 | 1 December 2029** |
*subject to the extent the performance conditions applicable to the award are met
** dependent on the end of the closed period connected to the preliminary results announcement, following the end of a Holding Period of two years starting at the end of the Performance Period.
The Buyout LTIP Awards have been structured in accordance with the principle set out in the Company's approved Remuneration Policy that they should be on a broadly like-for-like basis. Further details will be contained within the Directors' Remuneration Report in the 2025 Annual Report & Accounts.
The Notification of Dealing Forms set out below are provided in accordance with the requirements of the UK Market Abuse Regulation.
Enquiries:
Bethan Raybould, General Counsel & Company Secretary, Marston's PLC, +44 (0) 1902 907250
Notification of Dealing Form
1. | Details of the Person Discharging Managerial Responsibility ("PDMR")/person closely associated with them ("PCA") | |||||||||
a) | Name | Stephen Hopson
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2. | Reason for the notification | |||||||||
a) | Position/status | Director and PDMR (Chief Financial Officer)
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b) | Initial notification/ amendment | Initial Notification | ||||||||
3. | Details of the Issuer | |||||||||
a) | Name | Marston's PLC | ||||||||
b) | LEI code | 213800Q6RP3ZJ2CZR962 | ||||||||
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
Identification code | Ordinary Shares of 7.375 pence each
ISIN: GB00B1JQDM80 | ||||||||
b) | Nature of the transaction | Grant of awards under the Marston's PLC Long Term Incentive Plan in the form of three nil-cost options.
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c) | Price(s) and volumes(s) |
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d) | Aggregated information - Aggregate volume
- Price |
1,362,760
N/A | ||||||||
e) | Date of the transaction | 2025-11-27 | ||||||||
f) | Place of the transaction | Outside a trading venue | ||||||||
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