Punch Taverns PLC Director/PDMR Shareholding (2584X)
November 17 2014 - 12:22PM
UK Regulatory
TIDMPUB
RNS Number : 2584X
Punch Taverns PLC
17 November 2014
Punch Taverns plc (the "Company")
17 November 2014
NOTIFICATION OF DIRECTOR SHAREHOLDING
Long Term Incentive Plan 2008 (the "Plan")
On 17 November 2014, in accordance with the rules of the Plan,
the Remuneration Committee granted Options over 368,464 Ordinary
Shares of 0.9572p each, at a price of 153 pence per share, to the
Finance Director.
The exercise price payable to exercise the Options shall be
GBP1. The Options will normally be exercisable between 17 November
2017 and 17 November 2024 subject to the option holder's continued
employment and to the extent that Total Shareholder Return ("TSR")
targets are met.
The issued share capital of the Company is currently 221,859,048
Ordinary Shares.
Ed Bashforth
Company Secretary
Punch Taverns plc
01283 502215
This information is provided by RNS
The company news service from the London Stock Exchange
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