MAB.L

Mitchells & Butlers Plc
Mitchells & Butlers - Director/PDMR Shareholding
9th December 2024, 10:51
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RNS Number : 3469P
Mitchells & Butlers PLC
09 December 2024
 

9 December 2024

Mitchells & Butlers plc

LEI no. 213800JHYNDNB1NS2W10

Director/PDMR Shareholding

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Phil Urban

2 

Reason for the notification 

a) 

Position/status 

Director

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

 

 

Vesting of 60,748 shares on 6 December 2024 under the Mitchells & Butlers Short Term Deferred Incentive Plan ("STDIP") followed by the sale 28,609 shares on 6 December 2024 in order to discharge the tax and National Insurance contributions arising on that vesting.  The disposal of shares to satisfy tax and National Insurance arising on vesting 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. Vested 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)

249.8465p (sale price)

60,748 vested, of which 32,139 were retained and 28,609 were sold.

  

d)

 

Aggregated information 

 

- Aggregated volume 

 

- Price 

 

 

 

N/A (single transaction)

 

e) 

Date of the transaction 

6 December 2024

f)

Place of the transaction 

London Stock Exchange

 

 

 

 

 

9 December 2024

Mitchells & Butlers plc

LEI no. 213800JHYNDNB1NS2W10

Director/PDMR Shareholding

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Tim Jones

2 

Reason for the notification 

a) 

Position/status 

Director

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

 

 

Vesting of 50,883 shares on 6 December 2024 under the Mitchells & Butlers Short Term Deferred Incentive Plan ("STDIP") followed by the sale of 23,964 shares on 6 December 2024 in order to discharge the tax and National Insurance contributions arising on that vesting.  The disposal of shares to satisfy tax and National Insurance arising on vesting 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.  Vested 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)

249.8465p (sale price)

50,883 vested, of which 26,919 were retained and 23,964 were sold.

  

d)

 

Aggregated information 

 

- Aggregated volume 

 

- Price 

 

 

 

N/A (single transaction)

 

e) 

Date of the transaction 

6 December 2024

f)

Place of the transaction 

London Stock Exchange

 

 

 

 

 

9 December 2024

Mitchells & Butlers plc

LEI no. 213800JHYNDNB1NS2W10

Director/PDMR Shareholding

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Freeman

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

 

 

Vesting of 11,274 shares on 6 December 2024 under the Mitchells & Butlers Short Term Deferred Incentive Plan ("STDIP").

c) 

Price(s) and volume(s) 

 

Price(s)

Volume(s)

£Nil

11,274 vested, all of which were retained.

  

d)

 

Aggregated information 

 

- Aggregated volume 

 

- Price 

 

 

 

N/A (single transaction)

 

e) 

Date of the transaction 

6 December 2024

f)

Place of the transaction 

London Stock Exchange

 

 

Enquiries:

Denise Burton

Deputy Company Secretary

0121 498 6514

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