REG - Mitchells & Butlers - Director/PDMR Shareholding

Mitchells & ButlersAnnouncement

28/11/2019 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




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