Director/PDMR Shareholding
Marston's PLC announced that on November 27, 2025, Chief Financial Officer Stephen Hopson was granted a total of 1,362,760 ordinary shares through nil-cost options under the Company's Long Term Incentive Plan. These awards, comprising a 2022 option for 444,812 shares, a 2023 option for 408,887 shares, and a 2024 option for 509,061 shares, are intended to compensate for forfeited awards from his previous employer and are subject to performance conditions, with release dates ranging from December 2027 to December 2029.
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Marston's PLC (the "Company") announces that on 27 November 2025, Stephen Hopson, the Company's Chief Financial Officer, was granted awards over ordinary shares in the Company under the Company's Long Term Incentive Plan (the "Plan"), as set out below (the "Buyout LTIP Awards").
The Buyout LTIP Awards were awarded to compensate Mr Hopson for three awards over shares in his former employer, Topps Tiles plc ("Topps Tiles"), which were forfeited on leaving Topps Tiles. The Buyout LTIP Awards are in the form of nil-cost options.
| Number of Company shares | Date option will normally be released* | |
|---|---|---|
| 2022 Buyout Nil-Cost Option | 444,812 | 15 December 2027 |
| 2023 Buyout Nil-Cost Option | 408,887 | 13 December 2028 |
| 2024 Buyout Nil-Cost Option | 509,061 | 1 December 2029** |
*subject to the extent the performance conditions applicable to the award are met
** dependent on the end of the closed period connected to the preliminary results announcement, following the end of a Holding Period of two years starting at the end of the Performance Period.
The Buyout LTIP Awards have been structured in accordance with the principle set out in the Company's approved Remuneration Policy that they should be on a broadly like-for-like basis. Further details will be contained within the Directors' Remuneration Report in the 2025 Annual Report & Accounts.
| a) | Name | Stephen Hopson |
| 2. | Reason for the notification | |
| a) | Position/status | Director and PDMR ( Chief Financial Officer ) |
| b) | Initial notification/ amendment | Initial Notification |
| 3. | Details of the Issuer | |
| a) | Name | Marston's PLC |
| b) | LEI code | 213800Q6RP3ZJ2CZR962 |
| a) | Description of the financial instrument Identification code | Ordinary Shares of 7.375 pence each ISIN: GB00B1JQDM80 |
| b) | Nature of the transaction | Grant of awards under the Marston's PLC Long Term Incentive Plan in the form of three nil-cost options. |
| c) | Price(s) and volumes(s) | Exercise Price Volume 2022 Buyout Nil-Cost Option: N/A 444,812 2023 Buyout Nil-Cost Option: N/A 408,887 2024 Buyout Nil-cost option: N/A 509,061 |
| d) | Aggregated information - Aggregate volume - Price | 1,362,760 N/A |
| e) | Date of the transaction | 2025-11-27 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.