Director/PDMR Shareholding
In brief · summary, not quotable
Emma Harris, a Director at Mitchells & Butlers plc, has exercised options on 395,160 ordinary shares on 27 July 2026, with no exercise price, as part of a Performance Share Plan award. Subsequently, she sold 268,818 of these shares at £2.653612 each on the London Stock Exchange to cover tax liabilities, retaining 126,342 shares in accordance with company policy. These transactions relate to buy-out awards from her previous employment.
Full announcement
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| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Emma Harris |
| 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 | Exercise of an option over 395,160 shares on 27 July 2026 arising on the vesting of an award under the Mitchells & Butlers Performance Share Plan, followed by the sale of 268,818 shares on 27 July 2026. These transactions relate to the sale of shares from buy-out awards made to Emma Harris in respect of remuneration forfeited on leaving her previous employer (as disclosed in the 2025 Annual Report & Accounts) and in part relates to the sale of shares to cover relevant tax and national insurance liabilities. The remainder of the shares after disposal will be retained and held by the director concerned in accordance with the Company's Shareholding Policy. The retained 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) £Nil (exercise price) £2.653612 (sale price) 395,160 exercised, of which 126,342 were retained and 268,818 were sold |
| d) | Aggregated information - Aggregated volume - Price | N/A (single transaction) |
| e) | Date of the transaction | 27 July 2026 |
| f) | Place of the transaction | London Stock Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.