TR-1: Standard form for notification of major holdings
| 1. | Issuer Details |
| ISIN |
| GB00B1FP6H53 |
| Issuer Name |
| MITCHELLS & BUTLERS PLC |
| UK or Non-UK Issuer |
| UK |
| 2. | Reason for Notification |
| An acquisition or disposal of voting rights |
| 3. | Details of person subject to the notification obligation |
| Name |
| Lansdowne Partners (UK) LLP |
| City of registered office (if applicable) |
| Country of registered office (if applicable) |
| GB |
| 4. | Details of the shareholder |
| Name | City of registered office | Country of registered office |
| Lansdowne Partners International Limited | ||
| Lansdowne Partners Limited |
| 5. | Date on which the threshold was crossed or reached |
| 19-Aug-21 |
| 6. | Date on which issuer notified |
| 23-Aug-21 |
| 7 | Total positions of person(s) subject to the notification obligation |
| Resulting situation on the date on which threshold was crossed or reached | 5.000000 | 0.000000 | 5.000000 | 29,851,841 |
| Position of previous notification (if applicable) |
| 8 | Notified details of the resulting situation on the date on which the threshold was crossed or reached |
| 8A | Voting rights attached to shares |
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| GB00B1FP6H53 | 0 | 29,851,841 | 0.000000 | 5.000000 |
| Sub Total 8.A | 29,851,841 | 5.000000% |
| 8B1 | Financial Instruments according to (DTR5.3.1R.(1) (a)) |
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| Sub Total 8.B1 |
| 8B2 | Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b)) |
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
| Sub Total 8.B2 |
| 9 | Information in relation to the person subject to the notification obligation |
| 2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary) |
| Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
| Lansdowne Partners International Limited | Lansdowne Partners Limited | 5.000000 | 0.000000 | 5.000000 |
| 10 | In case of proxy voting |
| Name of the proxy holder |
| The number and % of voting rights held |
| The date until which the voting rights will be held |
| 11 | Additional Information |
| 12 | Date of Completion |
| 23-Aug-21 |
| 13 | Place of Completion |
| London |