Director/PDMR Shareholding

RNS Number : 3194V

Mitchells & Butlers PLC

02 December 2019

 

2 December 2019

Mitchells & Butlers plc

LEI no. 213800JHYNDNB1NS2W10

Director/PDMR Shareholding

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Susan Chappell
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mitchells & Butlers plc
b)	LEI	213800JHYNDNB1NS2W10
4	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, type of instrument Identification code	Ordinary shares in Mitchells & Butlers plc GB00B1FP6H53
b)	Nature of the transaction	Exercise of an option over 33,942 shares on 29 November 2019 arising on the vesting of an award under the Mitchells & Butlers Performance Restricted Share Plan ("PRSP"), followed by the sale of 16,010 shares on 29 November 2019 in order to discharge the tax and National Insurance contributions arising on that exercise.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nominal £2 (exercise price) £4.4922(sale price) 33,942 exercised, of which 17,932 were retained and 16,010 were sold
d)	Aggregated information  - Aggregated volume  - Price	N/A (single transaction)
e)	Date of the transaction	29 November 2019
f)	Place of the transaction	London Stock Exchange

Enquiries:

Denise Burton

Deputy Company Secretary

0121 498 6514

 

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