Option Grant

RNS Number : 2498N
Mitchells & Butlers PLC
24 July 2014
 



24 July 2014

 

MITCHELLS & BUTLERS PLC

 

NOTIFICATION OF A TRANSACTION OF A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES

 

Performance Restricted Share Plan ("PRSP")

Option Grant

 

 

The following PRSP option was granted to a Person Discharging Managerial Responsibilities ("PDMR") on 23 July 2014 in respect of the FY 2014-2016 performance cycle for the PRSP, pro-rated for the period since joining the Company.

 

This option will be exercisable for the two year period following the end of the performance cycle, subject to the satisfaction of performance conditions and on payment of the option exercise price of a nominal £1. The maximum entitlement on satisfaction of the performance conditions in full is shown below:

 



 

PDMR

Number of shares

under option

 

Catriona Kempston

34,474

 

 

Denise Burton

Deputy Company Secretary

0121 498 6514


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