Marston's PLC Director/PDMR Shareholding (2848S)
December 19 2016 - 11:39AM
UK Regulatory
TIDMMARS
RNS Number : 2848S
Marston's PLC
19 December 2016
19 December 2016
Marston's PLC (the "Company")
Notification under DTR 3.1.4, of transactions by persons
discharging managerial responsibilities
The Company announces that on 16 December 2016 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 64,000
-------------------- -------------------------
The award is the portion of the bonus earned for the financial
period ending 1 October 2016 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 16
December 2019.
This notification is made in accordance with the EU Market Abuse
Regulation.
1. Details of PDMR / PCA (person closely associated)
---- -----------------------------------------------------------
(a) Name Richard Westwood
---- ---------------------- -----------------------------------
(b) Position/status PDMR (Managing Director, 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 Ordinary shares of 7.375p each
of the financial
instrument ISIN GB00B1JQDM80
---- ---------------------- -----------------------------------
(b) Nature of the Grant of option under Deferred
transaction Bonus Plan
---- ---------------------- -----------------------------------
(c) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
Nil 64,000
---------- ----------
---- ---------------------- -----------------------------------
(d) Aggregated n/a single transaction
information
n/a single transaction
Aggregated
volume price
---- ---------------------- -----------------------------------
(e) Date of the 2016-12-16
transaction
---- ---------------------- -----------------------------------
(f) Place of the London Stock Exchange, Main Market
transaction (XLON)
---- ---------------------- -----------------------------------
Enquiries: Anne-Marie Brennan, Group Secretary, Marston's PLC,
+44 (0) 1902 329163
This information is provided by RNS
The company news service from the London Stock Exchange
END
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