TIDMMARS

RNS Number : 1374Z

Marston's PLC

12 December 2017

12 December 2017

Marston's PLC (the "Company")

Notification of interests of persons discharging managerial responsibilities

The Company announces that on 11 December 2017 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             107,874 
--------------------  -------------------------

The award is the portion of the bonus earned for the financial period ending 30 September 2017 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 2020.

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, +44 (0) 1902 329163

 
 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             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         107,874 
                                 ----------  ---------- 
----  ----------------------  ---------------------------------- 
 (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            Outside a trading venue 
        transaction 
----  ----------------------  ----------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

December 12, 2017 11:27 ET (16:27 GMT)

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