Director/PDMR Shareholding

RNS Number : 1374Z

Marston's PLC

12 December 2017

 

12 December 2017

Marston's PLC (the "Company")

Notification of interests of persons discharging managerial responsibilities

The Company announces that on 11 December 2017 it granted an award in the form of a nil cost option over ordinary shares in the Company to the following PDMR in accordance with the Marston's 2013 Deferred Bonus Plan (the "Plan"). 

Name of individual	Number of shares subject to award
Richard Westwood	107,874

The award is the portion of the bonus earned for the financial period ending 30 September 2017 that the individual has elected to receive in the form of an award under the Plan.  No consideration was paid for the grant of the award.

Subject to the rules of the Plan, the award will vest on 12 December 2020. 

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

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

1.	Details of PDMR / PCA (person closely associated)
(a)	Name	Richard Westwood
(b)	Position/status	PDMR (MD, Marston's Beer Company)
(c)	Initial notification/ amendment	Initial notification
2.	Details of the issuer
(a)	Name	Marston's PLC
3.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)	Description of the financial instrument	Ordinary shares of 7.375p each ISIN GB00B1JQDM80
(b)	Nature of the transaction	Grant of option under Deferred Bonus Plan
(c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 107,874
(d)	Aggregated information Aggregated volume price	n/a single transaction n/a single transaction
(e)	Date of the transaction	2016-12-16
(f)	Place of the transaction	Outside a trading venue

 

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