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MARS Marston's Plc

43.55
0.15 (0.35%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Marston's Plc LSE:MARS London Ordinary Share GB00B1JQDM80 ORD 7.375P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.15 0.35% 43.55 43.25 43.45 44.35 42.30 42.30 942,665 16:35:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Malt Beverages 885.4M -9.3M -0.0147 -29.42 275.23M

Marston's PLC Director/PDMR Shareholding

06/12/2024 9:51am

RNS Regulatory News


RNS Number : 1440P
Marston's PLC
06 December 2024
 

6 December 2024

 

Notification of interests of directors and persons discharging managerial responsibilities

 

 

Marston's PLC (the "Company") announces that on 5 December 2024 the Directors listed below were granted awards over ordinary shares in the Company, in the form of a nil-cost option (a "Nil-Cost Option") under the Company's Long Term Incentive Plan (the "Plan"). 

 

The number of shares over which awards were granted was calculated using the market price at the close of trading on the London Stock Exchange on 5 December 2024, being £0.4305 per ordinary share.

 

The awards will ordinarily vest on the third anniversary of the date of grant to the extent the performance metrics are satisfied. The performance metrics are based on Underlying Profit Before Tax (as regards 40% of the award), Operating Margin (as regards 30% of the award) and Relative Total Shareholder Return (as regards 30% of the award) assessed over the Company's 2025, 2026 and 2027 financial periods, details of which will be set out in the Company's Annual Report and Accounts for the period ended 28 September 2024.

 

To the extent the performance metrics are met, a Nil-Cost Option will be released following a two-year holding period.

 

Name of individual

Designation

Number of shares subject to LTIP award

Justin Platt

Director

2,153,310

Hayleigh Lupino

Director

1,225,511

 

 

The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

 

 

Enquiries:

Bethan Raybould, General Counsel & Company Secretary, Marston's PLC, +44 (0) 1902 907250

 

 

1.

Details of the Person Discharging Managerial Responsibility ("PDMR")/person closely associated with them ("PCA")

a)

Name

Justin Platt

 

2.

Reason for the notification

a)

Position/status

Director and PDMR (Chief Executive Officer)

 

b)

Initial notification/ amendment

Initial Notification

3.

Details of the Issuer

a)

Name

Marston's PLC

b)

LEI code

213800Q6RP3ZJ2CZR962

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

 

Identification code

Ordinary Shares of 7.375 pence each

 

 

ISIN: GB00B1JQDM80

b)

Nature of the transaction

Grant of award under the Marston's PLC Long Term Incentive Plan in the form of a nil-cost option.

 

c)

Price(s) and volumes(s)

 

Price

Volume

Nil-cost option: N/A

2,153,310

d)

Aggregated information

-   Aggregate volume

 

-   Price

 

 

N/A

 

e)

Date of the transaction

2024-12-05

f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of the Person Discharging Managerial Responsibility ("PDMR")/person closely associated with them ("PCA")

a)

Name

Hayleigh Lupino

 

2.

Reason for the notification

a)

Position/status

Director and PDMR (Chief Financial Officer)

 

b)

Initial notification/

amendment

Initial Notification

3.

Details of the Issuer

a)

Name

Marston's PLC

b)

LEI code

213800Q6RP3ZJ2CZR962

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

 

Identification code

Ordinary Shares of 7.375 pence each

 

 

ISIN: GB00B1JQDM80

b)

Nature of the transaction

Grant of award under the Marston's PLC Long Term Incentive Plan in the form of a nil-cost option.

c)

Price(s) and volumes(s)

 

Price

Volume

Nil-cost option: N/A

1,225,511

d)

Aggregated information

-   Aggregate volume

 

-   Price

 

 

N/A

 

e)

Date of the transaction

2024-12-05

f)

Place of the transaction

Outside a trading venue

 

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END
 
 
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