Director/PDMR Shareholding

RNS Number : 7013U

Mitchells & Butlers PLC

26 November 2019

 

26 November 2019

Mitchells & Butlers plc

LEI no. 213800JHYNDNB1NS2W10

Director/PDMR Shareholding

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chris Hopkins
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mitchells & Butlers plc
b)	LEI	213800JHYNDNB1NS2W10
4	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, type of instrument Identification code	Ordinary shares in Mitchells & Butlers plc GB00B1FP6H53
b)	Nature of the transaction	Exercise of an option over 37,336 shares on 25 November 2019 arising on the vesting of an award under the Mitchells & Butlers Performance Restricted Share Plan ("PRSP"), followed by the sale of 17,611 shares on 25 November 2019 in order to discharge the tax and National Insurance contributions arising on that exercise.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nominal £2 (exercise price) £4.5403(sale price) 37,336 exercised, of which 19,725 were retained and 17,611 were sold
d)	Aggregated information  - Aggregated volume  - Price	N/A (single transaction)
e)	Date of the transaction	25 November 2019
f)	Place of the transaction	London Stock Exchange

Enquiries:

Denise Burton

Deputy Company Secretary

0121 498 6514

 

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