MARSTON'S PLC

Remuneration Information • Dec 14, 2022

National Storage Mechanism | Additional information

RNS Number : 6127J

Marston's PLC

14 December 2022

14 December 2022

Notification of interests of directors and persons discharging managerial responsibilities

Marston's PLC (the "Company") announces that on 13 December 2022 the Directors listed below were granted awards over ordinary shares in the Company under the Company's 2014 Long Term Incentive Plan.  The number of awards granted on 13 December 2022 was calculated using the market price at the close of trading on the London Stock Exchange on 12 December 2022, being £0.3810 per ordinary share.

The awards will vest subject to the satisfaction of performance metrics which are based on Underlying Profit Before Tax (as regards 30% of the award), Net Cash Flow (as regards 30% of the award), Return on Capital Employed (as regards 20% of the award) and Relative Total Shareholder Return (as regards 20% of the award) assessed over the Company's 2022/23, 2023/24 and 2024/25 financial periods, details of which will be set out in the Company's Annual Report and Accounts for the period ended 1 October 2022. 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 of individual	Designation	Number of shares subject to LTIP award
Andrew Andrea	Director	2,036,176
Hayleigh Lupino	Director	1,085,960

The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

Enquiries:

Bethan Raybould, General Counsel & Company Secretary, Marston's PLC, +44 (0) 1902 711811

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibility ("PDMR")/person closely associated with them ("PCA")

a)

Name

Andrew Andrea

2.

Reason for the notification

a)

Position/status

Director and PDMR (Chief Executive Officer)

b)

Initial notification/ amendment

Initial Notification

3.

Details of the Issuer

a)

Name

Marston's PLC

b)

LEI code

213800Q6RP3ZJ2CZR962

4.

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

Identification code

Ordinary Shares of 7.375 pence each

ISIN: GB00B1JQDM80

b)

Nature of the transaction

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

c)

Price(s) and volumes(s)

Price	Volume
Nil cost option: N/A	2,036,176

d)

Aggregated information

-   Aggregate volume

-   Price

N/A

e)

Date of the transaction

2022-12-13

f)

Place of the transaction

Outside a trading venue

1.

Details of the Person Discharging Managerial Responsibility ("PDMR")/person closely associated with them ("PCA")

a)

Name

Hayleigh Lupino

2.

Reason for the notification

a)

Position/status

Director and PDMR (Chief Financial Officer)

b)

Initial notification/

amendment

Initial Notification

3.

Details of the Issuer

a)

Name

Marston's PLC

b)

LEI code

213800Q6RP3ZJ2CZR962

4.

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

Identification code

Ordinary Shares of 7.375 pence each

ISIN: GB00B1JQDM80

b)

Nature of the transaction

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

c)

Price(s) and volumes(s)

Price	Volume
Nil cost option: N/A	1,085,960

d)

Aggregated information

-   Aggregate volume

-   Price

N/A

e)

Date of the transaction

2022-12-13

f)

Place of the transaction

Outside a trading venue

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