Mitchells & Butlers Directors Exercise Share Options in Line with Policy

Mitchells & Butlers ( (GB:MAB) ) has shared an update.

Mitchells & Butlers plc announced the exercise of share options by its directors and a PDMR under the company’s Restricted Share Plan. Phil Urban and Tim Jones, both directors, exercised options over a significant number of shares, selling a portion to cover tax and National Insurance liabilities, while retaining the remainder in line with company policy. Andrew Freeman, a PDMR, also exercised options, retaining all shares. These transactions reflect the company’s adherence to its remuneration and shareholding policies, ensuring alignment with stakeholder interests.

The most recent analyst rating on (GB:MAB) stock is a Hold with a £276.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.

Spark’s Take on GB:MAB Stock

According to Spark, TipRanks’ AI Analyst, GB:MAB is a Neutral.

Mitchells & Butlers’ overall stock score of 66 reflects a mixed financial performance with operational efficiency and a strong equity base, but challenges in revenue growth and cash flow. The technical analysis indicates a neutral market position, while the valuation suggests potential undervaluation. The absence of earnings call data and corporate events limits additional insights.

To see Spark’s full report on GB:MAB stock, click here.

More about Mitchells & Butlers

Mitchells & Butlers plc is a prominent company in the hospitality industry, primarily operating pubs, bars, and restaurants across the United Kingdom. The company focuses on providing a diverse range of dining and drinking experiences, catering to various market segments with its extensive portfolio of well-known brands.

Average Trading Volume: 364,222

Technical Sentiment Signal: Buy

Current Market Cap: £1.52B

For detailed information about MAB stock, go to TipRanks’ Stock Analysis page.