27th Jul 2009 12:02
Punch Taverns plc (the "Company")
27 July 2009
UPDATED WITH SHARE PRICE
NOTIFICATION OF DIRECTOR / PDMR SHAREHOLDING
As a result of transactions on 24 July 2009 by the Punch Taverns plc Share Incentive Plan (an HM Revenue & Customs approved all employee share purchase plan), the following Executive Directors of the Company have the following additional interests as a result of their personal participation in the Plan:
|
Partnership Shares purchased on 24 July 2009 at £0.953111 per share |
Matching Shares awarded on 24 July 2009 at £0.953111 per share |
Total number of Partnership, Matching and Dividend Shares held on 27 July 2009 |
|
|
Phil Dutton |
1573 |
1573 |
3146 |
|
Mike Tye |
1573 |
1573 |
3146 |
|
Roger Whiteside |
1573 |
1573 |
3146 |
In accordance with the rules of the Plan the Executive Directors 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: 27 July 2009
Name of contact and telephone number for queries:
Neil Preston
Company Secretary
Punch Taverns plc
Tel: 01283 501 751
Related Shares:
Punch Taverns PLC