Mitchells & Butlers PLC Director/PDMR Shareholding
16 Janvier 2025 - 10:33AM
RNS Regulatory News
RNS Number : 5994T
Mitchells & Butlers PLC
16 January 2025
16
January 2025
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 34,076 shares on 15
January 2025 under the Mitchells & Butlers Short Term Deferred
Incentive Plan ("STDIP") followed by the sale of 16,049 shares on
15 January 2025 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)
|
241.50p (sale price)
|
34,076 vested, of which 18,027 were
retained and 16,049 were sold.
|
|
d)
|
Aggregated
information
- Aggregated volume
- Price
|
N/A (single transaction)
|
e)
|
Date of the
transaction
|
15 January 2025
|
f)
|
Place of the
transaction
|
London Stock Exchange
|
16
January 2025
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 28,513 shares on 15
January 2025 under the Mitchells & Butlers Short Term Deferred
Incentive Plan ("STDIP") followed by the sale of 13,429 shares on
15 January 2025 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)
|
241.50p (sale price)
|
28,513 vested, of which 15,084 were
retained and 13,429 were sold.
|
|
d)
|
Aggregated
information
- Aggregated volume
- Price
|
N/A (single transaction)
|
e)
|
Date of the
transaction
|
15 January 2025
|
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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