Short Term Def Incentive Plan
Mitchells & Butlers PLC
06 December 2005
6 December 2005
Short Term Deferred Incentive Plan
Under the terms of the Company's Short Term Deferred Incentive Plan ('the
Plan'), the Directors have been awarded on 5 December 2005 annual bonuses in
respect of the year to 1 October 2005 deferred into ordinary shares of the
Company (the 'Bonus Shares').
At the discretion of the Remuneration Committee, 100% of the annual bonus for
Mike Bramley and Tony Hughes has been deferred into shares; Tim Clarke and Karim
Naffah, having already acquired their mandatory stockholding level, have had 50%
of their bonus deferred into shares.
Under the terms of the Plan matching shares have also been awarded on the basis
of one Matching Share for every one Bonus Share. Vesting of these Matching
Shares is conditional upon the satisfaction of a three year performance
condition.
Name Bonus Matching Total Release Date
Shares Shares Shares
Awarded
Mike Bramley 46,666 46,666 93,332 5 December 2008
Tim Clarke 37,948 37,948 75,896 5 December 2008
Tony Hughes 51,084 51,084 102,168 5 December 2008
Karim Naffah 27,002 27,002 54,004 5 December 2008
Victoria M Penrice
0121 498 4189
This information is provided by RNS
The company news service from the London Stock Exchange
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