RNS Number : 0232X
  Pubs 'n' Bars PLC
  18 June 2008
   
    18.06.2008



    PUBS 'N' BARS PLC

    ("Pubs 'n' Bars" or "the Company")

    Grant of Share Options


    Pubs 'n' Bars plc (AIM: PNB.L), a community public house owner and operator, announces that pursuant to the Pubs 'n' Bars Unapproved
Share Option Scheme 1999, it has granted a total of 1,000,000 Share Options at an exercise price of 23.5p per Ordinary Share to the
following Directors and employees.  


 Name                                        Total Share Options Granted
 Carmelo Belligero, Chief Executive Officer                      600,000
 Siva Namasivayam, Finance Director                              300,000
 Employees                                                       100,000


    The above Share Options are exercisable after a period of three years from the date of grant.


    Following today's grant of Options, the above Directors' interests (either directly or indirectly) in Ordinary 20p Shares ("Ordinary
Shares") and Options are set out below:


 Name:                     Total Ordinary    Total Ordinary Shares - % of the current     Total 
                                  Shares:                       issued share capital:   Options:
 Carmelo Belligero                 31,828                                        0.08  1,900,166
 Siva Namasivayam                  51,731                                        0.13    719,520

    Pursuant to the announcement made on 2 May 2008, the total issued share capital of the Company was incorrectly notified.  The total
number of shares in issue is 39,828,358 and is the figure which may be used by shareholders as the denominator for the calculation by which
they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the FSA's
Disclosure and Transparency rules.


    For further information please contact:

 PUBS N BARS PLC
 Mel Belligero, Chief Executive Officer  Tel: + 44 (0) 20 8228 4800
                                         www.pubsnbars.co.uk

 DANIEL STEWART & COMPANY PLC
 Paul Shackleton/Tessa Smith             Tel: + 44 (0) 20 7776 6550
                                         www.danielstewart.co.uk

 BISHOPSGATE COMMUNICATIONS LTD
 Neil Boom/Nick Farmer                   Tel: + 44 (0) 20 7562 3350

    Notes to Editor:

    Pubs 'n' Bars owns and operates a group of community public houses located mostly in the south of England. Since its admission to AIM in
September 1999, the estate has grown from 51 to 110 public houses, 106 of which are owned by Pubs 'n' Bars the balance being operated on
behalf of third parties.

    Most of the pubs are 'locals' and each one has its own character, with the majority of its customers coming from the immediate area. The
Company aims to maximise profits by encouraging its managers to take an entrepreneurial approach to developing their businesses and by
introducing new income streams such as food and accommodation.

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
MSCSFFFLASASEDM
Pubs 'n' Bars (LSE:PNB)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more Pubs
Pubs 'n' Bars (LSE:PNB)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more Pubs