Director/PDMR Shareholding

RNS Number : 5216H

Marston's PLC

20 June 2013

 



Marston's PLC (the "Company")

Notification of interests of directors

The Company announces that on 20 June 2013, the Directors and Persons Discharging Managerial Responsibilities (PDMRs) listed below were granted awards over ordinary shares in the Company under the Company's 2004 Long Term Incentive Plan with HM Revenue & Customs (HMRC) Approved Schedule (the "Plan").  The LTIP Awards were granted on 20 June 2013 calculated using the market price at the close of trading on the London Stock Exchange on 19 June 2013 of 146.60 pence per ordinary share.

The figures reflect the maximum number of shares over which the option might be exercised.  The actual number will depend upon the extent to which the established performance conditions are satisfied over the performance period.  Subject to the satisfaction of the performance conditions which are based on EPS growth, the LTIP Awards will vest and become exercisable in three years.

Name	Designation	Number of shares subject to LTIP Award
Andrew Andrea	Director	210,777
Peter Dalzell	Director	187,585
Ralph Findlay	Director	337,653
Richard Westwood	PDMR	136,425

The notification of these transactions is made pursuant to DTR 3.1.4R (1)(a) and is also deemed to be disclosure made in accordance with Section 793 of the Companies Act 2006 where appropriate.

Enquiries: Anne-Marie Brennan, Company Secretary, Marston's PLC, [phone]

 

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