Option Grant

RNS Number : 3000B

Mitchells & Butlers PLC

05 January 2015

 



5 January 2015

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 5 January 2015 in respect of the FY 2015-2017 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
Phil Urban	61,738

Denise Burton

Deputy Company Secretary

0121 498 6514

 

END

 

 

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