MARSTON'S PLC

Remuneration Information • Jun 22, 2017

National Storage Mechanism | Additional information

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RNS Number : 9298I

Marston's PLC

22 June 2017

Notification of interests of directors

22 June 2017

The Company announces that on 21 June 2017, 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 21 June 2017 calculated using the market price at the close of trading on the London Stock Exchange on 21 June 2017 of 125.1 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 2016/2017, 2017/2018 and 2018/2019 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	362,709
Peter Dalzell	Director	310,751
Ralph Findlay	Director	541,566
Richard Westwood	PDMR	217,373

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

(c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	362,709

(d)

Aggregated information

Aggregated volume price

n/a single transaction

n/a single transaction

(e)

Date of the transaction

2017-06-21

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1.

Details of PDMR / PCA (person closely associated)

(a)

Name

Peter Dalzell

(b)

Position/status

Director and PDMR (MD, Marston's Inns and Taverns)

(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

(c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	310,751

(d)

Aggregated information

Aggregated volume price

n/a single transaction

n/a single transaction

(e)

Date of the transaction

2017-06-21

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

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

(c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	541,566

(d)

Aggregated information

Aggregated volume price

n/a single transaction

n/a single transaction

(e)

Date of the transaction

2017-06-21

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

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

(c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	217,373

(d)

Aggregated information

Aggregated volume price

n/a single transaction

n/a single transaction

(e)

Date of the transaction

2017-06-21

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

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