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Mitchells & Butlers Announces Key Share Purchases by Management

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Mitchells & Butlers Announces Key Share Purchases by Management

An announcement from Mitchells & Butlers ( (GB:MAB) ) is now available.

Mitchells & Butlers plc announced the purchase of partnership shares by the SIP Trustee for three key individuals: Phil Urban, Tim Jones, and Andrew Freeman. Each transaction involved the acquisition of 62 ordinary shares at a price of £2.22468 per share, conducted on the London Stock Exchange. This move reflects the company’s ongoing efforts to align the interests of its management with those of its shareholders, potentially impacting its operational strategies and stakeholder relations.

More about Mitchells & Butlers

Mitchells & Butlers plc is a prominent company in the hospitality industry, primarily engaged in operating pubs, bars, and restaurants across the UK. The company focuses on providing a diverse range of dining and drinking experiences to cater to various market segments.

YTD Price Performance: -9.80%

Average Trading Volume: 351,535

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.31B

See more insights into MAB stock on TipRanks’ Stock Analysis page.

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