Director/PDMR Shareholding

RNS Number : 2822D

Mitchells & Butlers PLC

30 November 2009

 



MITCHELLS & BUTLERS PLC

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Performance Restricted Share Plan ("PRSP")

Option Grant

The following PRSP options were granted to Directors and Persons Discharging Managerial Responsibilities ("PDMR"s) on 27 and 30 November 2009. 

Options granted under 2009/12 cycle of PRSP

Options were granted today under the 2009/12 cycle of the PRSP. These options will be exercisable for the two year period following the end of the performance period, subject to the satisfaction of performance conditions and on the payment of £1. The maximum entitlements on satisfaction of the performance conditions in full are shown in the table below.

Options granted over Dividend Accrued Shares under 2006/09 cycle of PRSP

Options were granted on 27 November 2009 over Dividend Accrued Shares ('DAS') in relation to options vesting under the 2006/09 cycle of the PRSP. Options over DAS lapse on the second anniversary of the vesting date as detailed in the table below. DAS options are exercisable immediately on the payment of £1 and there are no further performance conditions to be met prior to exercise.  

Director	Number of shares option granted over (2009/12 cycle)	End of performance period	Number of Dividend Accrued Shares option granted over (2006/09 cycle)	Dividend Accrued Share option lapse date	Total number of shares under option under all Company plans
Adam Fowle	304,346	30/09/2012	1,449	27/11/2011	1,030,470
Jeremy Townsend	193,674	30/09/2012	990	27/11/2011	797,337

PDMR	Number of shares option granted over (2009/12 cycle)	End of performance period	Number of Dividend Accrued Shares option granted over (2006/09 cycle)	Dividend Accrued Share option lapse date	Total number of shares under option under all Company plans
Amanda Coldrick	104,346	30/09/2012	887	27/11/2011	533,418
Chris Edger	72,826	30/09/2012	n/a	n/a	186,618
Bronagh Kennedy	103,042	30/09/2012	1,099	27/11/2011	730,417
Adam Martin	110,868	30/09/2012	1,049	27/11/2011	526,291
Roger Moxham	104,346	30/09/2012	887	27/11/2011	532,044
Richard Pratt	85,216	30/09/2012	891	27/11/2011	532,390
Kevin Todd	104,346	30/09/2012	887	27/11/2011	635,844

Contact details:

Rachel Benjamin

Deputy Company Secretary

0121 498 6514

 

END

 

 

RDSBBLFXKFBZFBV