Interests of Directors

RNS Number : 6259F

Marston's PLC

19 June 2012

 



Marston's PLC (the "Company")

Notification of interests of directors

The Company announces that on 15 June 2012 the Directors and Persons Discharging Managerial Responsibilities (PDMRs) listed below were granted awards over ordinary shares in the Company under the Company's 2004 Long Term Incentive Plan with HM Revenue & Customs (HMRC) Approved Schedule (the "Plan").  The LTIP Awards were granted on 15 June 2012 calculated using the market price at the close of trading on the London Stock Exchange on 14 June 2012 of 95.25 pence per ordinary share.

The figures reflect the maximum number of shares over which the option might be exercised.  The actual number will depend upon the extent to which the established performance conditions are satisfied over the performance period.  Subject to the satisfaction of the performance conditions which are based on EPS growth, the LTIP Awards will vest and become exercisable in three years.

Name	Designation	Number of shares subject to LTIP Award
Ralph Findlay	Director	503,937
Andrew Andrea	Director	314,960
Alistair Darby	Director	314,960
Stephen Oliver	PDMR	288,713
Peter Dalzell	PDMR	220,472

The notification of these transactions is made pursuant to DTR 3.1.4R (1)(a) and is also deemed to be disclosure made in accordance with Section 793 of the Companies Act 2006 where appropriate.

Enquiries: Anne-Marie Brennan, Company Secretary, Marston's PLC, [phone]

 

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