24th Jul 2006 16:15
Punch Taverns PLC24 July 2006 Punch Taverns plc (the "Company")24 July 2006 NOTIFICATION OF DIRECTOR / PDMR SHAREHOLDING On 24 July 2006 the the following directors exercised options to purchase sharesin the capital of the Company pursuant to the Company's executive share optionscheme as set out in the table below: Name Date of Grant Exercise Price Number of Shares ExercisedGiles Thorley 1 December 2001 £1.98 1,500,000Robert McDonald 3 December 2001 £2.05 6,114Robert McDonald 5 December 2002 £1.94 15,463Robert McDonald 5 December 2002 £1.94 54,125Robert McDonald 3 June 2003 £2.215 81,264 On 24 July 2006 Mr McDonald and Mr Thorley disposed of the following shares,acquired pursuant to the exercise of the options set out above, at a price of£9.00 per share. Name Number of Shares SoldGiles Thorley 1,500,000Robert McDonald 145,403 Following the above transaction Mr McDonald and Mr Thorley now have interests inthe share capital of the Company as set out in the table below: Name Ordinary Shares in the Options held over Ordinary Company Shares in the CompanyGiles Thorley 154,439 2,174,171Robert 69,654 138,058McDonald The issued share capital of Punch Taverns plc is now 264,474,761 Ordinary shares of 0.04786p each. Date of Notification: 24 July 2006 Name of contact and telephone number for queries: Neil PrestonCompany SecretaryPunch Taverns plcTel: 01283 501751 Justine WarrenPunch Taverns PRCollege HillTel: 0207 457 2020 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Punch Taverns PLC