16th Jun 2009 16:41
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 Company, purchased 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 purchases the 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
Related Shares:
Punch Taverns PLC