REG - Mitchells & Butlers - Director/PDMR Shareholding

Mitchells & ButlersAnnouncement

02/12/2024 12:15

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RNS Number : 4461O  Mitchells & Butlers PLC  02 December 2024

2 December 2024

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                                    Exercise of an option over 189,750 shares on 29 November 2024 arising on the

                                                            vesting of an award under the Mitchells & Butlers Restricted Share Plan
                                                                    ("RSP"), followed by the sale of 89,448 shares on 29 November 2024 in order to

                                                            discharge the tax and National Insurance contributions arising on that
                                                                    exercise.  The disposal of shares to satisfy tax and National Insurance
                                                                    arising on exercise 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.  The
                                                                    retained 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)
                                                                    £Nil (exercise price)     189,750 exercised, of which 100,302 were retained and 89,448 were sold

                                                                    £2.456102 (sale price)

 
 d)    Aggregated information

       - Aggregated volume                                          N/A (single transaction)

       - Price

 e)    Date of the transaction                                      29 November 2024
 f)    Place of the transaction                                     London Stock Exchange

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

N/A (single transaction)

e)

Date of the transaction

29 November 2024

f)

Place of the transaction

London Stock Exchange

 

Enquiries:

Denise Burton

Deputy Company Secretary, 0121 498 6514

 

 

2 December 2024

Mitchells & Butlers plc

LEI no. 213800JHYNDNB1NS2W10

Director/PDMR Shareholding

 

 1     Details of the person discharging managerial responsibilities / person closely

     associated

 a)    Name                                                         Andrew Freeman
 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  Ordinary shares in Mitchells & Butlers plc

       Identification code

                                                                    GB00B1FP6H53
 b)    Nature of the transaction                                    Exercise of an option over 36,857 shares on 29 November 2024 arising on the

                                                            vesting of an award under the Mitchells & Butlers Restricted Share Plan
                                                                    ("RSP").

 c)    Price(s) and volume(s)

Price(s)                Volume(s)
                                                                    £Nil (exercise price)   36,857 exercised, all of which were retained

 
 d)    Aggregated information

       - Aggregated volume                                          N/A (single transaction)

       - Price

 e)    Date of the transaction                                      29 November 2024
 f)    Place of the transaction                                     London Stock Exchange

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

N/A (single transaction)

e)

Date of the transaction

29 November 2024

f)

Place of the transaction

London Stock Exchange

 

 

 

 

Enquiries:

Denise Burton

Deputy Company Secretary, 0121 498 6514

 

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