RNS Number : 2802Y
Mitchells & Butlers PLC
20 February 2013

20 February 2013

MITCHELLS & BUTLERS PLC

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

2013 Performance Restricted Share Plan ("PRSP")

Option Grant

The following PRSP options were granted to Directors and Persons Discharging Managerial Responsibilities ("PDMRs") on 19 February 2013 in respect of the FY 2013-2015 performance cycle for the PRSP.

These options will be exercisable for the two year period following the end of the performance cycle, subject to the satisfaction of performance conditions and on payment of the option exercise price of a nominal £1. The maximum entitlements on satisfaction of the performance conditions in full are shown in the table below:

Director

No. of shares

under option

Alistair Darby

307,210

Timothy Jones

169,846

PDMR

Number of shares

under option

Robin Young

74,700

Gary John

64,038

Greg McMahon

51,514

Susan Martindale

53,002

Simon Cope

49,028

As indicated in the Company's recent Directors' Remuneration Report, participants in the Company's Long-Term Incentive Plan ("LTIP") have cancelled, without payment, their rights under the LTIP in order to be eligible to participate in the PSRP. All of the persons named above cancelled their rights, other than Messrs Darby and McMahon who were not LTIP participants.

Denise Burton

Deputy Company Secretary

0121 498 6514


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