Director/PDMR Shareholding

RNS Number : 5150C

Marston's PLC

17 June 2019

 

Marston's PLC (the "Company") has been informed that, on 15 June 2019, Andrew Andrea cancelled his participation in the Company's 2014 and 2016 Sharesave Scheme offers, resulting in the lapsing of the options originally granted to him on 18 June 2014 and 20 June 2016, respectively.  The details of each option are set out below, together with the notification of dealing form.

Scheme	Exercise price	Number of Options	Date on which exercisable
2014	£1.21	12,396	1 September 2019
2016	£1.24	12,096	1 September 2021

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

1.	Details of PDMR / PCA (person closely associated)
(a)	Name	Andrew Andrea
(b)	Position/status	Director and PDMR (Chief Financial Officer and Corporate Development Officer)
(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	Cancellation of participation in the Company's 2014 and 2016 Sharesave Scheme offers and discontinuation of monthly contributions, resulting in the lapse of the options originally granted on 18 June 2014 and 20 June 2016, respectively, with an exercise price of £1.21 and £1.24 per share, respectively.
(c)	Price(s) and volume(s)	Price(s) Volume(s) £1.21 12,396 £1.24 12,096
(d)	Aggregated information -    Aggregated volume -    Price	24,492 £1.225
(e)	Date of the transaction	2019-06-15
(f)	Place of the transaction	Outside a trading venue

Enquiries: Anne-Marie Brennan, Group Secretary, Marston's PLC, [phone]

 

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