Mitchells & Butlers PLC Director/PDMR Shareholding (1961W)
08 Diciembre 2023 - 5:30AM
UK Regulatory
TIDMMAB
RNS Number : 1961W
Mitchells & Butlers PLC
08 December 2023
8 December 2023
Mitchells & Butlers plc
LEI no. 213800JHYNDNB1NS2W10
Director/PDMR Shareholding
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Phil Urban
-------------------------- -------------------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------------
a) Position/status Director
-------------------------- -------------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- -------------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name Mitchells & Butlers plc
-------------------------- -------------------------------------------------
b) LEI 213800JHYNDNB1NS2W10
-------------------------- -------------------------------------------------
Details of the transaction(s): section to be repeated for (i)
4 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 Ordinary shares in Mitchells & Butlers plc
financial instrument,
type of instrument
GB00B1FP6H53
Identification code
-------------------------- -------------------------------------------------
b) Nature of the transaction Exercise of an option over 173,807 shares
on 5 December 2023 arising on the vesting
of an award under the Mitchells & Butlers
Restricted Share Plan ("RSP"), followed
by the sale of 81,939 shares on 7 December
2023 in order to discharge the tax and National
Insurance contributions arising on that
exercise. The disposal of shares to satisfy
tax and National Insurance arising on exercise
of incentive awards is consistent with the
Company's shareholding policy which forms
part of the Company's approved remuneration
policy. The remainder of the shares after
disposal will be retained and held by the
director concerned in accordance with that
shareholding policy. The retained shares
are also subject to post cessation holding
requirements as detailed in the Company's
Remuneration Policy.
-------------------------- -------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBPNil (exercise 173,807 exercised,
price) of which 91,868
were retained
GBP2.297912 (sale and 81,939 were
price) sold
-------------------
-------------------------- -------------------------------------------------
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
-------------------------- -------------------------------------------------
e) Date of the transaction 7 December 2023
-------------------------- -------------------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------- -------------------------------------------------
Mitchells & Butlers plc
LEI no. 213800JHYNDNB1NS2W10
Director/PDMR Shareholding
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Tim Jones
-------------------------- -------------------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------------
a) Position/status Director
-------------------------- -------------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- -------------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name Mitchells & Butlers plc
-------------------------- -------------------------------------------------
b) LEI 213800JHYNDNB1NS2W10
-------------------------- -------------------------------------------------
Details of the transaction(s): section to be repeated for (i)
4 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 Ordinary shares in Mitchells & Butlers plc
financial instrument,
type of instrument
GB00B1FP6H53
Identification code
-------------------------- -------------------------------------------------
b) Nature of the transaction Exercise of an option over 145,407 shares
on 5 December 2023 arising on the vesting
of an award under the Mitchells & Butlers
Restricted Share Plan ("RSP"), followed
by the sale of 68,557 shares on 7 December
2023 in order to discharge the tax and National
Insurance contributions arising on that
exercise. The disposal of shares to satisfy
tax and National Insurance arising on exercise
of incentive awards is consistent with the
Company's shareholding policy which forms
part of the Company's approved remuneration
policy. The remainder of the shares after
disposal will be retained and held by the
director concerned in accordance with that
shareholding policy. The retained shares
are also subject to post cessation holding
requirements as detailed in the Company's
Remuneration Policy.
-------------------------- -------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBPNil (exercise 145,407 exercised,
price) of which 76,850
were retained
GBP2.297912 (sale and 68,557 were
price) sold
-------------------
-------------------------- -------------------------------------------------
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
-------------------------- -------------------------------------------------
e) Date of the transaction 7 December 2023
-------------------------- -------------------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------- -------------------------------------------------
Enquiries:
Denise Burton
Deputy Company Secretary, 0121 498 6514
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END
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December 08, 2023 06:30 ET (11:30 GMT)
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