REG - Mitchells & Butlers - Director/PDMR Shareholding

Mitchells & ButlersAnnouncement

02/12/2019 14:30

RNS Number : 3657V
Mitchells & Butlers PLC
02 December 2019
 


2 December 2019
 
Mitchells & Butlers plc
LEI no. 213800JHYNDNB1NS2W10
 
Director/PDMR Shareholding
 



1
 


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Phil Urban




2 


Reason for the notification 




a) 


Position/status 


Director




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
 
 


Vesting of 14,320 shares on 29 November 2019 under the Mitchells & Butlers Short Term Deferred Incentive Plan ("STDIP") followed by the sale of 6,744 shares on 29 November 2019 in order to discharge the tax and National Insurance contributions arising on that vesting.  The disposal of shares to satisfy tax and National Insurance arising on vesting of incentive awards is consistent with the Company's shareholding policy which forms part of the Company's approved remuneration policy.  The remainder of the shares after disposal will be retained and held by the director concerned in accordance with that shareholding policy.




c) 


Price(s) and volume(s) 


 



Price(s)


Volume(s)




448.64p (sale price)


14,320 vested, of which 7,576 were retained and 6,744 were sold.



  




d)
 


Aggregated information 
 
- Aggregated volume 
 
- Price 
 


 
 
N/A (single transaction)
 




e) 


Date of the transaction 


29 November 2019




f)


Place of the transaction 


London Stock Exchange



 
Enquiries:
Denise Burton
Deputy Company Secretary
0121 498 6514



2 December 2019
 
Mitchells & Butlers plc
LEI no. 213800JHYNDNB1NS2W10
 
Director/PDMR Shareholding
 



1
 


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Tim Jones




2 


Reason for the notification 




a) 


Position/status 


Director




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
 
 


Vesting of 11,975 shares on 29 November 2019 under the Mitchells & Butlers Short Term Deferred Incentive Plan ("STDIP") followed by the sale of 5,640 shares on 29 November 2019 in order to discharge the tax and National Insurance contributions arising on that vesting.  The disposal of shares to satisfy tax and National Insurance arising on vesting of incentive awards is consistent with the Company's shareholding policy which forms part of the Company's approved remuneration policy.  The remainder of the shares after disposal will be retained and held by the director concerned in accordance with that shareholding policy.




c) 


Price(s) and volume(s) 


 



Price(s)


Volume(s)




448.64p (sale price)


11,975 vested, of which 6,335 were retained and 5,640 were sold.



  




d)
 


Aggregated information 
 
- Aggregated volume 
 
- Price 
 


 
 
N/A (single transaction)
 




e) 


Date of the transaction 


29 November 2019




f)


Place of the transaction 


London Stock Exchange



 
Enquiries:
Denise Burton
Deputy Company Secretary
0121 498 6514




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