2nd Aug 2010 13:37
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
Related Shares:
Punch Taverns PLC