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Director/PDMR Shareholding

2nd Aug 2010 13:37

RNS Number : 3709Q
Punch Taverns PLC
02 August 2010
 



Punch Taverns plc (the "Company")

2 August 2010

 

 

NOTIFICATION OF DIRECTOR / PDMR SHAREHOLDING

 

 

As a result of transactions on 27 July 2010 by the Punch Taverns plc Share Incentive Plan (an HM Revenue & Customs approved all employee share purchase plan (the "Plan")) as notified to the Company by it's share scheme administrators on 30 July 2010, the following Executive Directors and Persons Discharging Managerial Responsibilities ("PDMRs") of the Company have the following additional interests as a result of their personal participation in the Plan:

 

Partnership shares purchased on 27 July 2010 at £0.78

per share

Matching shares awarded on 27 July 2010 at £0.78

per share

Total number of Partnership, Matching and Dividend shares held on 27 July 2010

Executive Directors

Phil Dutton

1,923

1,923

6,992

Mike Tye

1,923

1,923

6,992

Roger Whiteside

1,923

1,923

6,992

PDMRs

Karen Caddick

1,923

1,923

7,938

Neil Griffiths

1,923

1,923

9,281

Ed Bashforth

1,923

1,923

9,736

 

In accordance with the rules of the Plan the Executive Directors and PDMRs have been awarded the Matching shares on the basis of one Matching share for each Partnership share.

 

The beneficial ownership of the Matching shares will pass to the directors in three years time subject to continued employment and the retention of the underlying Partnership shares.

 

Date of Notification: 2 August 2010

 

Name of contact and telephone number for queries:

 

Claire Stewart

Deputy Company Secretary

Punch Taverns plc

Tel: 01283 501 858

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Punch Taverns PLC
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