Director/PDMR Shareholding

RNS Number : 4783G

Mitchells & Butlers PLC

01 February 2010

 



Mitchells & Butlers plc

Directors and Persons Discharging Managerial Responsibilities' Interests

Performance Restricted Share Plan ('PRSP')

The persons named below exercised options under the Company's Performance Restricted Share Plan on Friday 29 January 2010 (London). Full details of the transactions are given below.

Director	No. of shares under option exercised	No. of shares sold to meet cost of exercise	Market value of shares	No. of shares retained	Total No. shares held as a result
Jeremy Townsend	10,236	4,213	279.7p	6,023	52,436

Mr Townsend sold only sufficient of the shares under option in order to finance the resultant tax, National Insurance liabilities and dealing costs arising on exercise. 

PDMR	No. of shares under option exercised	No. of shares sold	Market value of shares	No. of shares retained	Total No. shares held as a result
Bronagh Kennedy	11,362	11,362	279.7p	0	131,978
Adam Martin	10,849	4,465	279.7p	6,384	118,893
Roger Moxham	9,170	3,774	279.7p	5,396	36,838
Richard Pratt	9,212	9,212	279.7p	0	122,532
Kevin Todd	9,170	0	277.5p	9,170	120,133

Mr Todd self funded the tax and National Insurance due and so kept all of the shares. Messrs Martin and Moxham sold only sufficient of the shares under option in order to finance the resultant tax, National Insurance liabilities and dealing costs arising on exercise.  Miss Kennedy sold all of the resultant shares.

Contact details:

Rachel Benjamin

Deputy Company Secretary

Telephone [phone]

 

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