MARSTON'S PLC

Remuneration Information • Dec 13, 2018

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RNS Number : 4358K

Marston's PLC

13 December 2018

Notification of interests of directors

13 December 2018

The Company announces that on 12 December 2018, the Directors and Person Discharging Managerial Responsibilities (PDMR) listed below were granted awards over ordinary shares in the Company under the Company's 2014 Long Term Incentive Plan (the "Plan").  The awards were granted on 12 December 2018 calculated using the market price at the close of trading on the London Stock Exchange on 12 December 2018 of 99.8 pence per ordinary share.

The awards will vest subject to the satisfaction of performance metrics which are based on a combination of Cash Return On Cash Capital Employed (CROCCE), Free Cash Flow (FCF) and Relative Total Shareholder Return assessed over the Company's 2018/2019, 2019/2020 and 2020/2021 financial years.  To the extent an award vests, it will be released (so that the participant is entitled to acquire the shares) following the end of a further two year holding period.

Name	Designation	Number of shares subject to LTIP Award)
Andrew Andrea	Director	473,033
Ralph Findlay	Director	706,287
Richard Westwood	PDMR	277,929

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

Enquiries: Anne-Marie Brennan, Group Secretary, Marston's PLC, +44 (0) 1902 329163

1.

Details of PDMR / PCA (person closely associated)

(a)

Name

Andrew Andrea

(b)

Position/status

Director and PDMR (Chief Financial and Corporate Development Officer)

(c)

Initial notification/ amendment

Initial notification

2.

Details of the issuer

(a)

Name

Marston's PLC

3.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

Description of the financial instrument

Ordinary shares of 7.375p each

ISIN GB00B1JQDM80

(b)

Nature of the transaction

Grant of award under the Long Term Incentive Plan in the form of a nil-cost option.

(c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil-cost option: N/A	Nil-cost option: 473,033

(d)

Aggregated information

Aggregated volume price

n/a single transaction

n/a single transaction

(e)

Date of the transaction

2018-12-12

(f)

Place of the transaction

Outside a trading venue

1.

Details of PDMR / PCA (person closely associated)

(a)

Name

Ralph Findlay

(b)

Position/status

Director and PDMR (CEO)

(c)

Initial notification/ amendment

Initial notification

2.

Details of the issuer

(a)

Name

Marston's PLC

3.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

Description of the financial instrument

Ordinary shares of 7.375p each

ISIN GB00B1JQDM80

(b)

Nature of the transaction

Grant of award under the Long Term Incentive Plan in the form of a nil-cost option.

(c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil-cost option: N/A	Nil-cost option: 706,287

(d)

Aggregated information

Aggregated volume price

n/a single transaction

n/a single transaction

(e)

Date of the transaction

2018-12-12

(f)

Place of the transaction

Outside a trading venue

1.

Details of PDMR / PCA (person closely associated)

(a)

Name

Richard Westwood

(b)

Position/status

PDMR (MD, Marston's Beer Company)

(c)

Initial notification/ amendment

Initial notification

2.

Details of the issuer

(a)

Name

Marston's PLC

3.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

Description of the financial instrument

Ordinary shares of 7.375p each

ISIN GB00B1JQDM80

(b)

Nature of the transaction

Grant of award under the Long Term Incentive Plan in the form of a nil-cost option.

(c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil-cost option: N/A	Nil-cost option: 277,929

(d)

Aggregated information

Aggregated volume price

n/a single transaction

n/a single transaction

(e)

Date of the transaction

2018-12-12

(f)

Place of the transaction

Outside a trading venue

ENDS

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