Punch Taverns PLC Regulatory News (PUB)

Punch Taverns plc (the "Company")

17 November 2014

NOTIFICATION OF DIRECTOR SHAREHOLDING

Long Term Incentive Plan 2008 (the "Plan") 

On 17 November 2014, in accordance with the rules of the Plan, the Remuneration Committee granted Options over 368,464 Ordinary Shares of 0.9572p each, at a price of 153 pence per share, to the Finance Director.

The exercise price payable to exercise the Options shall be £1. The Options will normally be exercisable between 17 November 2017 and 17 November 2024 subject to the option holder's continued employment and to the extent that Total Shareholder Return ("TSR") targets are met.

The issued share capital of the Company is currently 221,859,048 Ordinary Shares.

Ed Bashforth

Company Secretary

Punch Taverns plc

01283 502215