REG - Mitchells & Butlers - Director/PDMR Shareholding
14/12/2023 14:30
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RNS Number : 8756W Mitchells & Butlers PLC 14 December 2023
14 December 2023
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 Ordinary shares in Mitchells & Butlers plc
Identification code
GB00B1FP6H53
b) Nature of the transaction Vesting of 34,076 shares on 13 December 2023 under the Mitchells & Butlers
Short Term Deferred Incentive Plan ("STDIP") followed by the sale 16,049
shares on 14 December 2023 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. Vested shares are also subject to post
cessation holding requirements as detailed in the Company's Remuneration
Policy.
c) Price(s) and volume(s)
Price(s) Volume(s)
237.2p (sale price) 34,076 vested, of which 18,027 were retained and 16,049 were sold.
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 14 December 2023
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
N/A (single transaction)
e)
Date of the transaction
14 December 2023
f)
Place of the transaction
London Stock Exchange
14 December 2023
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 Ordinary shares in Mitchells & Butlers plc
Identification code
GB00B1FP6H53
b) Nature of the transaction Vesting of 28,514 shares on 13 December 2023 under the Mitchells & Butlers
Short Term Deferred Incentive Plan ("STDIP") followed by the sale of 13,429
shares on 14 December 2023 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. Vested shares are also subject to post
cessation holding requirements as detailed in the Company's Remuneration
Policy.
c) Price(s) and volume(s)
Price(s) Volume(s)
237.2p (sale price) 28,514 vested, of which 15,085 were retained and 13,429 were sold.
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 14 December 2023
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
N/A (single transaction)
e)
Date of the transaction
14 December 2023
f)
Place of the transaction
London Stock Exchange
Enquiries:
Denise Burton
Deputy Company Secretary
0121 498 6514
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