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MAB Mitchells & Butlers Plc

238.50
2.00 (0.85%)
Last Updated: 12:26:56
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mitchells & Butlers Plc LSE:MAB London Ordinary Share GB00B1FP6H53 ORD 8 13/24P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 0.85% 238.50 238.00 239.00 239.50 235.50 235.50 49,939 12:26:56
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Drinking Places (alcoholic) 2.5B -4M -0.0067 -355.22 1.41B

Mitchells & Butlers PLC Director/PDMR Shareholding (3266Z)

20/05/2021 2:00pm

UK Regulatory


Mitchells & Butlers (LSE:MAB)
Historical Stock Chart


From Apr 2021 to Apr 2024

Click Here for more Mitchells & Butlers Charts.

TIDMMAB

RNS Number : 3266Z

Mitchells & Butlers PLC

20 May 2021

20 May 2021

Mitchells & Butlers plc

LEI no. 213800JHYNDNB1NS2W10

Director/PDMR Shareholding

This notification has been made in accordance with the requirements of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Phil Urban 
     --------------------------  ----------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/status             Director 
     --------------------------  ----------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------- 
 a)   Name                        Mitchells & Butlers plc 
     --------------------------  ----------------------------------------------- 
 b)   LEI                         213800JHYNDNB1NS2W10 
     --------------------------  ----------------------------------------------- 
 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          Ordinary shares in Mitchells & Butlers 
       financial instrument,       plc (Shares) 
       type of instrument 
 
       Identification code         GB00B1FP6H53 
     --------------------------  ----------------------------------------------- 
 b)   Nature of the transaction   Option granted to Director on 20 May 
                                   2021 under the Restricted Share Plan 
                                   2021. 
 
                                   This option will be exercisable for 90 
                                   days following vesting. No performance 
                                   measures are applied on vesting, but 
                                   the Committee will take into account 
                                   the following factors (amongst others) 
                                   when determining whether to exercise 
                                   its discretion to adjust the number of 
                                   shares vesting: 
 
                                   -- The Committee undertakes a thorough 
                                   'quality of earnings' assessment every 
                                   year prior to the finalisation of any 
                                   annual bonus outcomes. It is proposed 
                                   that these will also be used to inform 
                                   the assessment of awards under the RSP. 
                                   The annual quality of earnings assessment 
                                   takes into account financial performance 
                                   as well as guest experience and employee 
                                   engagement along with a broader-based 
                                   holistic assessment of business performance 
                                   and the achievement of KPIs; 
 
                                   -- Whether there has been material damage 
                                   to the reputation of the Company (in 
                                   such circumstances, responsibility and 
                                   hence any adjustments to the level of 
                                   vesting may be allocated collectively 
                                   or individually to participants); and 
 
                                   -- That the business has a stable and 
                                   appropriate capital structure in place 
                                   following the cessation of restrictions 
                                   on trade due to the Covid-19 pandemic 
                                   that enables the recovery of the business 
                                   and execution of the Company's strategic 
                                   priorities. 
 
                                   Subject to a dividend being paid or payable, 
                                   and once, and to the extent that, the 
                                   shares under the option granted have 
                                   vested, the participant will be granted 
                                   a further option over Dividend Accrued 
                                   Shares. 
 
                                   In accordance with the Company's Remuneration 
                                   Policy, a post vesting holding period 
                                   applies which requires Shares received 
                                   pursuant to such awards to be retained 
                                   for a period of two years from the end 
                                   of the vesting period, except for Shares 
                                   sold to pay income tax and national insurance 
                                   contributions arising upon vesting/exercise. 
     --------------------------  ----------------------------------------------- 
 c)   Price(s) and volume(s)       The option is granted over a maximum 
                                    of 173,807 Shares. The share price used 
                                    to determine the number of Shares under 
                                    option was GBP3.081 per Share (being 
                                    the average of the middle market quotation 
                                    of a Share for the three days of 17/18/19 
                                    May 2021). 
                                    No amount was payable on the grant of 
                                    the option. 
     --------------------------  ----------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          N/A (single transaction) 
       - Price 
     --------------------------  ----------------------------------------------- 
 e)   Date of the transaction     20 May 2021 
     --------------------------  ----------------------------------------------- 
 f)   Place of the transaction    n/a 
     --------------------------  ----------------------------------------------- 
 

Enquiries:

Denise Burton

Deputy Company Secretary

0121 498 6514

20 May 2021

Mitchells & Butlers plc

LEI no. 213800JHYNDNB1NS2W10

Director/PDMR Shareholding

This notification has been made in accordance with the requirements of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Tim Jones 
     --------------------------  ----------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/status             Director 
     --------------------------  ----------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------- 
 a)   Name                        Mitchells & Butlers plc 
     --------------------------  ----------------------------------------------- 
 b)   LEI                         213800JHYNDNB1NS2W10 
     --------------------------  ----------------------------------------------- 
 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          Ordinary shares in Mitchells & Butlers 
       financial instrument,       plc (Shares) 
       type of instrument 
 
       Identification code         GB00B1FP6H53 
     --------------------------  ----------------------------------------------- 
 b)   Nature of the transaction   Option granted to Director on 20 May 
                                   2021 under the Restricted Share Plan 
                                   2021. 
 
                                   This option will be exercisable for 90 
                                   days following vesting. No performance 
                                   measures are applied on vesting, but 
                                   the Committee will take into account 
                                   the following factors (amongst others) 
                                   when determining whether to exercise 
                                   its discretion to adjust the number of 
                                   shares vesting: 
 
                                   -- The Committee undertakes a thorough 
                                   'quality of earnings' assessment every 
                                   year prior to the finalisation of any 
                                   annual bonus outcomes. It is proposed 
                                   that these will also be used to inform 
                                   the assessment of awards under the RSP. 
                                   The annual quality of earnings assessment 
                                   takes into account financial performance 
                                   as well as guest experience and employee 
                                   engagement along with a broader-based 
                                   holistic assessment of business performance 
                                   and the achievement of KPIs; 
 
                                   -- Whether there has been material damage 
                                   to the reputation of the Company (in 
                                   such circumstances, responsibility and 
                                   hence any adjustments to the level of 
                                   vesting may be allocated collectively 
                                   or individually to participants); and 
 
                                   -- That the business has a stable and 
                                   appropriate capital structure in place 
                                   following the cessation of restrictions 
                                   on trade due to the Covid-19 pandemic 
                                   that enables the recovery of the business 
                                   and execution of the Company's strategic 
                                   priorities. 
 
                                   Subject to a dividend being paid or payable, 
                                   and once, and to the extent that, the 
                                   shares under the option granted have 
                                   vested, the participant will be granted 
                                   a further option over Dividend Accrued 
                                   Shares. 
 
                                   In accordance with the Company's Remuneration 
                                   Policy, a post vesting holding period 
                                   applies which requires Shares received 
                                   pursuant to such awards to be retained 
                                   for a period of two years from the end 
                                   of the vesting period, except for Shares 
                                   sold to pay income tax and national insurance 
                                   contributions arising upon vesting/exercise. 
     --------------------------  ----------------------------------------------- 
 c)   Price(s) and volume(s)       The option is granted over a maximum 
                                    of 145,407 Shares. The share price used 
                                    to determine the number of Shares under 
                                    option was GBP3.081 per Share (being 
                                    the average of the middle market quotation 
                                    of a Share for the three days of 17/18/19 
                                    May 2021). 
                                    No amount was payable on the grant of 
                                    the option. 
     --------------------------  ----------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          N/A (single transaction) 
       - Price 
     --------------------------  ----------------------------------------------- 
 e)   Date of the transaction     20 May 2021 
     --------------------------  ----------------------------------------------- 
 f)   Place of the transaction    n/a 
     --------------------------  ----------------------------------------------- 
 

Enquiries:

Denise Burton

Deputy Company Secretary

0121 498 6514

20 May 2021

Mitchells & Butlers plc

LEI no. 213800JHYNDNB1NS2W10

Director/PDMR Shareholding

This notification has been made in accordance with the requirements of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Greg McMahon 
     --------------------------  ----------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/status             PDMR 
     --------------------------  ----------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------- 
 a)   Name                        Mitchells & Butlers plc 
     --------------------------  ----------------------------------------------- 
 b)   LEI                         213800JHYNDNB1NS2W10 
     --------------------------  ----------------------------------------------- 
 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          Ordinary shares in Mitchells & Butlers 
       financial instrument,       plc (Shares) 
       type of instrument 
 
       Identification code         GB00B1FP6H53 
     --------------------------  ----------------------------------------------- 
 b)   Nature of the transaction   Option granted to PDMR on 20 May 2021 
                                   under the Restricted Share Plan 2021. 
 
                                   This option will be exercisable for 90 
                                   days following vesting. No performance 
                                   measures are applied on vesting, but 
                                   the Committee will take into account 
                                   the following factors (amongst others) 
                                   when determining whether to exercise 
                                   its discretion to adjust the number of 
                                   shares vesting: 
 
                                   -- The Committee undertakes a thorough 
                                   'quality of earnings' assessment every 
                                   year prior to the finalisation of any 
                                   annual bonus outcomes. It is proposed 
                                   that these will also be used to inform 
                                   the assessment of awards under the RSP. 
                                   The annual quality of earnings assessment 
                                   takes into account financial performance 
                                   as well as guest experience and employee 
                                   engagement along with a broader-based 
                                   holistic assessment of business performance 
                                   and the achievement of KPIs; 
 
                                   -- Whether there has been material damage 
                                   to the reputation of the Company (in 
                                   such circumstances, responsibility and 
                                   hence any adjustments to the level of 
                                   vesting may be allocated collectively 
                                   or individually to participants); and 
 
                                   -- That the business has a stable and 
                                   appropriate capital structure in place 
                                   following the cessation of restrictions 
                                   on trade due to the Covid-19 pandemic 
                                   that enables the recovery of the business 
                                   and execution of the Company's strategic 
                                   priorities. 
 
                                   Subject to a dividend being paid or payable, 
                                   and once, and to the extent that, the 
                                   shares under the option granted have 
                                   vested, the participant will be granted 
                                   a further option over Dividend Accrued 
                                   Shares. 
 
                                   In accordance with the Company's Remuneration 
                                   Policy, a post vesting holding period 
                                   applies which requires Shares received 
                                   pursuant to such awards to be retained 
                                   for a period of two years from the end 
                                   of the vesting period, except for Shares 
                                   sold to pay income tax and national insurance 
                                   contributions arising upon vesting/exercise. 
     --------------------------  ----------------------------------------------- 
 c)   Price(s) and volume(s)       The option is granted over a maximum 
                                    of 37,942 Shares. The share price used 
                                    to determine the number of Shares under 
                                    option was GBP3.081 per Share (being 
                                    the average of the middle market quotation 
                                    of a Share for the three days of 17/18/19 
                                    May 2021). 
                                    No amount was payable on the grant of 
                                    the option. 
     --------------------------  ----------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          N/A (single transaction) 
       - Price 
     --------------------------  ----------------------------------------------- 
 e)   Date of the transaction     20 May 2021 
     --------------------------  ----------------------------------------------- 
 f)   Place of the transaction    n/a 
     --------------------------  ----------------------------------------------- 
 

Enquiries:

Denise Burton

Deputy Company Secretary

0121 498 6514

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