MAB.L

Mitchells & Butlers Plc
Mitchells & Butlers - Director/PDMR Shareholding
4th December 2024, 09:30
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RNS Number : 7737O
Mitchells & Butlers PLC
04 December 2024
 

4- 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

 

 

Grant of a conditional share award under the Mitchells & Butlers Short-Term Deferred Incentive Plan.

 

Under the terms of the Company's Short-Term Deferred Incentive Plan (the STDIP), Phil Urban was granted an award on 3 December 2024 in respect of the year to 28 September 2024 under which part of his annual bonus has been deferred into a conditional award of ordinary shares of the Company (the 'Bonus Shares') in accordance with the Company's Remuneration Policy.

 

The Bonus Shares will be released in two equal tranches, 12 and 24 months after deferral. On release of the Bonus Shares Phil Urban will also receive shares with a market value equal to any aggregate gross dividend paid on the Bonus Shares prior to the release date.

 

On release, the shares are also subject to post cessation holding requirements as detailed in the Company's Remuneration Policy.

c) 

Price(s) and volume(s) 

 

Price

Volume

Nil

121,200

 

 

d)

 

Aggregated information 

 - Aggregated volume 

 - Price  

 

 N/A (single transaction)

 

e) 

Date of the transaction 

3 December 2024

f)

Place of the transaction 

n/a

 

 

 

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

 

 

Grant of a conditional share award under the Mitchells & Butlers Short-Term Deferred Incentive Plan.

 

Under the terms of the Company's Short-Term Deferred Incentive Plan (the STDIP), Tim Jones was granted an award on 3 December 2024 in respect of the year to 28 September 2024 under which part of his annual bonus has been deferred into a conditional award of ordinary shares of the Company (the 'Bonus Shares') in accordance with the Company's Remuneration Policy.

 

The Bonus Shares will be released in two equal tranches, 12 and 24 months after deferral. On release of the Bonus Shares Tim Jones will also receive shares with a market value equal to any aggregate gross dividend paid on the Bonus Shares prior to the release date.

 

On release, the shares are also subject to post cessation holding requirements as detailed in the Company's Remuneration Policy.

 

c) 

Price(s) and volume(s) 

 

Price

Volume

Nil

101,366

 

 

d)

 

Aggregated information 

 - Aggregated volume 

 - Price  

 

 N/A (single transaction)

 

e) 

Date of the transaction 

3 December 2024

f)

Place of the transaction 

n/a

 

 

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

 

 

Grant of a conditional share award under the Mitchells & Butlers Short-Term Deferred Incentive Plan.

 

Under the terms of the Company's Short-Term Deferred Incentive Plan (the STDIP), Andrew Freeman was granted an award on 3 December 2024 in respect of the year to 28 September 2024 under which part of his annual bonus has been deferred into a conditional award of ordinary shares of the Company (the 'Bonus Shares') in accordance with the Company's Remuneration Policy.

 

The Bonus Shares will be released in two equal tranches, 12 and 24 months after deferral. On release of the Bonus Shares Andrew Freeman will also receive shares with a market value equal to any aggregate gross dividend paid on the Bonus Shares prior to the release date.

c) 

Price(s) and volume(s) 

 

Price

Volume

Nil

26,771

 

 

d)

 

Aggregated information 

 - Aggregated volume 

 - Price  

 

 N/A (single transaction)

 

e) 

Date of the transaction 

3 December 2024

f)

Place of the transaction 

n/a

 

Enquiries:

Denise Burton

Deputy Company Secretary

0121 498 6514

 

 

 

 

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