4th Dec 2006 18:20
Mitchells & Butlers PLC04 December 2006 4 December 2006 Directors' Interests Executive Share Options The Executive Directors of the Company, Tim Clarke, Karim Naffah, Mike Bramleyand Tony Hughes, today increased their holdings in the Company's shares throughthe exercise of Executive Share Options. The Executive Directors sold only sufficient of the shares under option, inorder to finance the costs of exercise, including the resultant tax and NationalInsurance liabilities arising on exercise. Details of the exercise are shown in the table below: No. of shares Market No. of under option Exercise value No. of shares exercised price shares shares sold retained________________________________________________________________________________ Tim Clarke 456,620 219p 694.4218p (272,860) 183,760 Karim Naffah 9,185 364.46p 694.4218p (21,947) 10,620 23,382 286.68p 694.4218p Mike Bramley 296,800 219p 694.4218p (371,732) 234,045 101,044 259.73p 694.4218p 131,942 266.74p 694.4218p 69,311 286.68p 694.4218p 1,948 305.90p 694.4218p 4,732 364.46p 694.4218p Tony Hughes 296,800 219p 694.4218p (173,503) 123,297 Following this exercise, the Executive Directors' share interests in the Companyare: Shares Shares under option________________________________________________________________________________Tim Clarke 755,073 1,747,258Karim Naffah 296,755 1,368,728Mike Bramley 393,634 834,030Tony Hughes 294,134 1,221,226 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Mitchells & Butlers