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Director/PDMR Shareholding

16th Jun 2009 16:41

RNS Number : 0010U
Punch Taverns PLC
16 June 2009
 



Punch Taverns plc (the "Company")

16 June 2009

NOTIFICATION OF DIRECTOR / PDMR SHAREHOLDING

On 15 June 2009 following the Company's announcement that a total of 375 million new Ordinary shares will be issued a price of 100 pence per share pursuant to the Firm Placing and Placing and Open Offer, raising proceeds of approximately £375 million, the directors listed below have purchased the following Ordinary shares of 0.04786 pence each in the capital of the Company at a price 104 pence per share.

Executive Directors

Number of Ordinary shares

Mike Tye

14,287

Roger Whiteside

14,287

Non-Executive Directors

Fritz Ternofsky

6,032

Ian Fraser

17,144

Mark Pain

17,144

Tony Rice

279,178

Also on 15 June 2009 Peter Cawdron, the Chairman of the Companypurchased 12,200 Ordinary shares of 0.04786 pence each in the capital of the Company at a price 104.25 pence per share.

As a result of the above purchasethe Executive Directors and Non-Executive Directors listed below now have the following interests in the Ordinary share capital of the Company:

Executive Directors

Ordinary shares held in the Company

Other interests held over Ordinary shares in the Company*

Mike Tye

14,287

776,405

Roger Whiteside

14,287

481,203

Non-Executive Directors

Peter Cawdron

17,050

-

Fritz Ternofsky

12,369

-

Ian Fraser

17,144

-

Mark Pain

17,144

-

Tony Rice

295,542

-

*Other interests include, where applicable, outstanding rights to subscribe for shares, or receive shares at nil cost, under the Company's various share related incentive plans.

The issued share capital of Punch Taverns plc is currently 267,082,642 Ordinary shares of 0.04786 pence each.

Date of Notification: 16 June 2009

Name of contact and telephone number for queries:

Neil Preston

Company Secretary 

Punch Taverns plc

Tel: 01283 501 751

 

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