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Marston's Plc (MARS)

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Monday 17 June, 2019

Marston's Plc

Director/PDMR Shareholding

RNS Number : 5150C
Marston's PLC
17 June 2019
 

Marston's PLC (the "Company") has been informed that, on 15 June 2019, Andrew Andrea cancelled his participation in the Company's 2014 and 2016 Sharesave Scheme offers, resulting in the lapsing of the options originally granted to him on 18 June 2014 and 20 June 2016, respectively.  The details of each option are set out below, together with the notification of dealing form.

 

Scheme

Exercise price

Number of Options

Date on which exercisable

2014

£1.21

12,396

1 September 2019

2016

£1.24

12,096

1 September 2021

 

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

 

1.

Details of PDMR / PCA (person closely associated)

 

(a)

Name

Andrew Andrea

 

(b)

Position/status

Director and PDMR (Chief Financial Officer and Corporate Development Officer)

 

(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

Cancellation of participation in the Company's 2014 and 2016 Sharesave Scheme offers and discontinuation of monthly contributions, resulting in the lapse of the options originally granted on 18 June 2014 and 20 June 2016, respectively, with an exercise price of £1.21 and £1.24 per share, respectively.

 

(c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£1.21

12,396

£1.24

12,096

(d)

Aggregated information

 

-    Aggregated volume

-    Price

 

 

 

24,492

£1.225

(e)

Date of the transaction

 

2019-06-15

(f)

Place of the transaction

 

Outside a trading venue

 

 

Enquiries: Anne-Marie Brennan, Group Secretary, Marston's PLC, +44 (0) 1902 329163


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