2nd Jun 2008 14:32
Punch Taverns plc (the "Company")
2 June 2008
NOTIFICATION OF DIRECTOR / PDMR SHAREHOLDING
As a result of transactions on 30 May 2008 by Company's Share Incentive Plan (an HM Revenue & Customs approved all employee share purchase plan), Phil Dutton and Giles Thorley, directors of the Company, as trustees of the Plan, became the non beneficial owners of 15,480 Ordinary shares of the Company.
The total number of shares in the Plan, of which the trustees are the non beneficial owners, is 382,987.
Karen Caddick, a PDMR (Person Discharging Managerial Responsibility), also has the following, additional interests, as a result of her personal participation in the Plan:
|
Partnership Shares purchased on 30 May 2008 at £5.57 per share |
Matching Shares awarded on 30 May 2008 at £5.57 per share |
Total number of Partnership, Matching and Dividend Shares held on 30 May 2008 |
|
|
Karen Caddick |
23 |
23 |
499 |
In accordance with the rules of the Plan Karen Caddick has 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 Karen Caddick in three years time subject to continued employment and the retention of the underlying Partnership Shares.
Name of contact and telephone number for queries:
Claire Stewart
Assistant Company Secretary
(01283) 501 858
Related Shares:
Punch Taverns PLC