Marston's PLC Director/PDMR Shareholding (2848S)

TIDMMARS

RNS Number : 2848S

Marston's PLC

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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December 19, 2016 11:39 ET (16:39 GMT)

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