1st Dec 2006 18:49
Mitchells & Butlers PLC01 December 2006 1 December 2006 Directors' Interests Performance Restricted Share Plan (PRSP) The Executive Directors of the Company, Tim Clarke, Mike Bramley, Tony Hughesand Karim Naffah, today increased their holdings in the Company's shares throughthe exercise of PRSP options. The Executive Directors sold only sufficient of the shares under option in orderto finance the resultant tax and National Insurance liabilities arising onexercise. Details of the exercises are shown in the table below: Director No. of shares No. of shares Market value of No. of shares under option sold to meet shares retained exercised cost of exercise-------------------------------------------------------------------------------- Tim Clarke 143,117 58,826 684.6145p 84,291Mike Bramley 94,008 38,641 684.6145p 55,367Tony Hughes 94,008 38,641 684.6145p 55,367Karim Naffah 101,024 41,524 684.6145p 59,500 As a result of the above, the Executive Directors' share interests in theCompany are: Director Ordinary Shares under shares option-------------------------------------------------------------------------------- Tim Clarke 571,313 2,063,864Mike Bramley 159,589 1,344,703Tony Hughes 170,837 1,422,922Karim Naffah 286,135 1,300,907 Contact details: Victoria M PenriceHead of Secretariat0121 498 6514 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Mitchells & Butlers