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

 

END

 

 

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