PRSP Option Grant

RNS Number : 3222Y
Mitchells & Butlers PLC
28 November 2014
 



28 November 2014

 

MITCHELLS & BUTLERS PLC

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY

 

Performance Restricted Share Plan ("PRSP")

Option Grant

 

The following PRSP options were granted to Directors and Persons Discharging Managerial Responsibilities ("PDMRs") on 27 November 2014 in respect of the FY 2015-2017 performance cycle for the PRSP.

These options 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 entitlements on satisfaction of the performance conditions in full are shown in the table below:

 

Director

No. of shares

under option

 

Alistair Darby

 

294,634

Timothy Jones

161,856

 

PDMR

 

No. of shares

under option

 

Catriona Kempston

 

49,518

Gary John

61,024

Greg McMahon

54,296

Susan Martindale

50,508

 

 

 

Denise Burton

Deputy Company Secretary

0121 498 6514

 


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