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 PRSP. Options 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