Marston's PLC Director/PDMR Shareholding (4362K)

TIDMMARS

RNS Number : 4362K

Marston's PLC

13 December 2018

13 December 2018

Marston's PLC (the "Company")

Notification of interests of persons discharging managerial responsibilities

The Company announces that on 12 December 2018 it granted an award in the form of a nil cost option over ordinary shares in the Company to the following PDMR in accordance with the Marston's 2013 Deferred Bonus Plan (the "Plan").

 
 Name of individual    Number of shares subject to 
                                  award 
  Richard Westwood               56,112 
                      ---------------------------- 
 

The award is the portion of the bonus earned for the financial period ending 29 September 2018 that the individual has elected to receive in the form of an award under the Plan. No consideration was paid for the grant of the award.

Subject to the rules of the Plan, the award will vest on 12 December 2021.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

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

 
 1.    Details of PDMR / PCA (person closely associated) 
 (a)   Name                        Richard Westwood 
      --------------------------  ------------------------------------------ 
 (b)   Position/status             PDMR (MD, Marston's Beer Company) 
      --------------------------  ------------------------------------------ 
 (c)   Initial notification/       Initial notification 
        amendment 
      --------------------------  ------------------------------------------ 
 2.    Details of the issuer 
      ---------------------------------------------------------------------- 
 (a)   Name                        Marston's PLC 
      --------------------------  ------------------------------------------ 
 3.    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              Ordinary shares of 7.375p each 
        the financial instrument 
                                    ISIN GB00B1JQDM80 
      --------------------------  ------------------------------------------ 
 (b)   Nature of the transaction   Grant of option under Deferred Bonus Plan 
      --------------------------  ------------------------------------------ 
 (c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                      Nil         56,112 
                                                 ---------- 
      --------------------------  ------------------------------------------ 
 (d)   Aggregated information      n/a single transaction 
 
        Aggregated volume           n/a single transaction 
        price 
      --------------------------  ------------------------------------------ 
 (e)   Date of the transaction     2018-12-12 
      --------------------------  ------------------------------------------ 
 (f)   Place of the transaction    Outside a trading venue 
      --------------------------  ------------------------------------------ 
 

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(END) Dow Jones Newswires

December 13, 2018 10:09 ET (15:09 GMT)