Director/PDMR Shareholding
In brief · summary, not quotable
Mitchells & Butlers plc announced director shareholding transactions on December 15, 2025, related to the vesting of shares under the Short Term Deferred Incentive Plan on December 12, 2025. Phil Urban vested 121,348 shares, selling 57,217 at £2.563932 to cover taxes, retaining 64,131. Tim Jones vested 101,467 shares, selling 47,849 at £2.563932 to cover taxes, retaining 53,618. Andrew Freeman vested 24,658 shares and retained all of them. These transactions are consistent with the company's shareholding policy.
Full announcement
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| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Phil Urban |
| 2 | Reason for the notification | |
| a) | Position/status | Director |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Mitchells & Butlers plc |
| b) | LEI | 213800JHYNDNB1NS2W10 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares in Mitchells & Butlers plc GB00B1FP6H53 |
| b) | Nature of the transaction | Vesting of 121,348 shares on 12 December 2025 under the Mitchells & Butlers Short Term Deferred Incentive Plan ("STDIP") followed by the sale of 57,217 shares on 12 December 2025 in order to discharge the tax and National Insurance contributions arising on that vesting. The disposal of shares to satisfy tax and National Insurance arising on vesting of incentive awards is consistent with the Company's shareholding policy which forms part of the Company's approved remuneration policy. The remainder of the shares after disposal will be retained and held by the director concerned in accordance with that shareholding policy. Vested shares are also subject to post cessation holding requirements as detailed in the Company's Remuneration Policy. |
| c) | Price(s) and volume(s) | Price(s) Volume(s) £2.563932 (sale price) 121,348 vested, of which 64,131 were retained and 57,217 were sold. |
| d) | Aggregated information - Aggregated volume - Price | N/A (single transaction) |
| e) | Date of the transaction | 12 December 2025 |
| f) | Place of the transaction | London Stock Exchange |
| Mitchells & Butlers plc | ||
| LEI no. 213800JHYNDNB1NS2W10 | ||
| Director/PDMR Shareholding | ||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Tim Jones |
| 2 | Reason for the notification | |
| a) | Position/status | Director |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Mitchells & Butlers plc |
| b) | LEI | 213800JHYNDNB1NS2W10 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares in Mitchells & Butlers plc GB00B1FP6H53 |
| b) | Nature of the transaction | Vesting of 101,467 shares on 12 December 2025 under the Mitchells & Butlers Short Term Deferred Incentive Plan ("STDIP") followed by the sale of 47,849 shares on 12 December 2025 in order to discharge the tax and National Insurance contributions arising on that vesting. The disposal of shares to satisfy tax and National Insurance arising on vesting of incentive awards is consistent with the Company's shareholding policy which forms part of the Company's approved remuneration policy. The remainder of the shares after disposal will be retained and held by the director concerned in accordance with that shareholding policy. Vested shares are also subject to post cessation holding requirements as detailed in the Company's Remuneration Policy. |
| c) | Price(s) and volume(s) | Price(s) Volume(s) £2.563932 (sale price) 101,467 vested, of which 53,618 were retained and 47,849 were sold. |
| d) | Aggregated information - Aggregated volume - Price | N/A (single transaction) |
| e) | Date of the transaction | 12 December 2025 |
| f) | Place of the transaction | London Stock Exchange |
| Mitchells & Butlers plc | ||
| LEI no. 213800JHYNDNB1NS2W10 | ||
| Director/PDMR Shareholding | ||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Andrew Freeman |
| 2 | Reason for the notification | |
| a) | Position/status | PDMR |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Mitchells & Butlers plc |
| b) | LEI | 213800JHYNDNB1NS2W10 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares in Mitchells & Butlers plc GB00B1FP6H53 |
| b) | Nature of the transaction | Vesting of 24,658 shares on 12 December 2025 under the Mitchells & Butlers Short Term Deferred Incentive Plan ("STDIP"). |
| c) | Price(s) and volume(s) | Price(s) Volume(s) £Nil 24,658 vested, all of which were retained. |
| d) | Aggregated information - Aggregated volume - Price | N/A (single transaction) |
| e) | Date of the transaction | 12 December 2025 |
| f) | Place of the transaction | n/a |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.