Director/PDMR Shareholding

RNS Number : 9187S

Mitchells & Butlers PLC

28 November 2011

 



28 November 2011

Short-Term Deferred Incentive Plan

Under the terms of the Company's Short-Term Deferred Incentive Plan (the "Plan"), the following Director has today been granted an award in respect of the year to 24 September 2011 under which part of their annual bonus has been deferred into a conditional award of ordinary shares of the Company (the "Bonus Shares").

The Board has determined that 50% of the annual bonus awarded to Tim Jones will be deferred into ordinary shares ("Bonus Shares").  The balance will be paid to Tim Jones through Payroll.

The Bonus Shares will be released in two equal tranches 12 and 24 months after deferral.

Name	Bonus Shares	First Release Date	Second  Release Date
Tim Jones (Director)	13,041	28 November 2012	28 November 2013

Denise Burton

Deputy Company Secretary

Tel [phone]

 

END

 

 

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