Director/PDMR Shareholding
Updated : 09:31
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) |
| ||||
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) |
| ||||
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) |
| ||||
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
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.