12 December 2017
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Marston's PLC (the "Company")
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Notification of interests of persons discharging managerial responsibilities
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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").�
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Name of individual |
Number of shares subject to award |
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Richard Westwood |
107,874 |
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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.
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Subject to the rules of the Plan, the award will vest on 12 December 2020.�
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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
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1. |
Details of PDMR / PCA (person closely associated) � |
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(a) |
Name |
Richard Westwood � |
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(b) |
Position/status |
PDMR (MD, Marston's Beer Company) � |
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(c) |
Initial notification/ amendment |
Initial notification � |
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2. |
Details of the issuer � |
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(a) |
Name |
Marston's PLC � |
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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 � |
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(a) |
Description of the financial instrument |
Ordinary shares of 7.375p each � ISIN GB00B1JQDM80 � |
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(b) |
Nature of the transaction |
Grant of option under Deferred Bonus Plan � |
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(c) |
Price(s) and volume(s) |
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(d) |
Aggregated information � Aggregated volume price |
n/a single transaction � n/a single transaction � |
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(e) |
Date of the transaction � |
2016-12-16 |
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(f) |
Place of the transaction � |
Outside a trading venue � |
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