REG - Marston's Plc - Director/PDMR Shareholding <Origin Href="QuoteRef">MARS.L</Origin>

MarstonsAnnouncement

19/12/2016 16:40

RNS Number : 2848S
Marston's PLC
19 December 2016
19 December 2016
Marston's PLC (the "Company")
Notification under DTR 3.1.4, of transactions by persons discharging managerial responsibilities
The Company announces that on 16 December 2016 it granted an award in the form of a nil cost option over ordinary shares in the Company to the following PDMR in accordance with the Marston's 2013 Deferred Bonus Plan (the "Plan"). 
Name of individual
Number of shares subject to award
Richard Westwood
64,000
The award is the portion of the bonus earned for the financial period ending 1 October 2016 that the individual has elected to receive in the form of an award under the Plan. No consideration was paid for the grant of the award.
Subject to the rules of the Plan, the award will vest on 16 December 2019. 
This notification is made in accordance with the EU Market Abuse Regulation.
1.
Details of PDMR / PCA (person closely associated)
(a)
Name
Richard Westwood
(b)
Position/status
PDMR (Managing Director, Marston's Beer Company)
(c)
Initial notification/ amendment
Initial notification
2.
Details of the issuer
(a)
Name
Marston's PLC
3.
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
Ordinary shares of 7.375p each
ISIN GB00B1JQDM80
(b)
Nature of the transaction
Grant of option under Deferred Bonus Plan 
(c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
64,000


(d)
Aggregated information
Aggregated volume price
n/a single transaction
n/a single transaction
(e)
Date of the transaction
2016-12-16
(f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
Enquiries: Anne-Marie Brennan, Group Secretary, Marston's PLC, +44 (0) 1902 329163

This information is provided by RNS
The company news service from the London Stock Exchange
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