Director/PDMR Shareholding

RNS Number : 2822D
Mitchells & Butlers PLC
30 November 2009
 




MITCHELLS & BUTLERS PLC


NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS


Performance Restricted Share Plan ("PRSP")

Option Grant


The following PRSP options were granted to Directors and Persons Discharging Managerial Responsibilities ("PDMR"s) on 27 and 30 November 2009


Options granted under 2009/12 cycle of PRSP

Options were granted today under the 2009/12 cycle of the PRSP. These options will be exercisable for the two year period following the end of the performance period, subject to the satisfaction of performance conditions and on the payment of £1. The maximum entitlements on satisfaction of the performance conditions in full are shown in the table below.


Options granted over Dividend Accrued Shares under 2006/09 cycle of PRSP

Options were granted on 27 November 2009 over Dividend Accrued Shares ('DAS') in relation to options vesting under the 2006/09 cycle of the PRSPOptions over DAS lapse on the second anniversary of the vesting date as detailed in the table below. DAS options are exercisable immediately on the payment of £1 and there are no further performance conditions to be met prior to exercise.  


Director
Number of shares option granted over (2009/12 cycle)
End of performance period
Number of Dividend Accrued Shares option granted over
(2006/09 cycle)
Dividend Accrued Share option lapse date
Total number of shares under option under all Company plans
Adam Fowle
304,346
30/09/2012
 
1,449
27/11/2011
1,030,470
Jeremy Townsend
193,674
30/09/2012
990
27/11/2011
797,337

 

 

PDMR
Number of shares option granted over (2009/12 cycle)
End of performance period
Number of Dividend Accrued Shares option granted over
(2006/09 cycle)
Dividend Accrued Share option lapse date
Total number of shares under option under all Company plans
Amanda Coldrick
 
104,346
30/09/2012
887
27/11/2011
533,418
Chris Edger
 
72,826
30/09/2012
n/a
n/a
186,618
Bronagh Kennedy
 
103,042
30/09/2012
1,099
27/11/2011
730,417
Adam Martin
 
110,868
30/09/2012
1,049
27/11/2011
526,291
Roger Moxham
 
104,346
30/09/2012
887
27/11/2011
532,044
Richard Pratt
 
85,216
30/09/2012
891
27/11/2011
532,390
Kevin Todd
 
104,346
30/09/2012
887
27/11/2011
635,844




Contact details:


Rachel Benjamin

Deputy Company Secretary

0121 498 6514



This information is provided by RNS
The company news service from the London Stock Exchange
 
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