REG - M. P. Evans Group - Director/PDMR Shareholding

M P EvansAnnouncement

05/04/2024 07:00

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RNS Number : 4128J  M. P. Evans Group PLC  05 April 2024

 

M.P. Evans Group Plc

(the "Company" or "M.P. Evans")

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

Director/PDMR Shareholding

 

The Company has been notified of the exercise of share options under the M.P.
Evans Group PLC Long Term Incentive Scheme by Mr MH Coulson, director of the
Company.  Mr MH Coulson exercised his share options over 10,049 shares of 10
pence per share in M.P. Evans Group PLC ("Shares") granted at nil cost per
Share that were due to expire on 21 December 2030 (the "Exercise"). These
awards were satisfied out of Shares held by the Trustee of the M.P. Evans
Group 2018 Employees' Benefit Trust.

 

Simultaneously, Mr MH Coulson sold 4,649 Shares at 808p per Share in order to
fund the tax and national insurance liabilities resulting from the exercise of
the share options (the "Share Sale"). In addition, Mr MH Coulson transferred
the remaining 5,400 Shares to Mrs N Coulson, Mr MH Coulson's wife.

 

  1   Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Name                                                         Matthew Harrison Coulson
 2    Reason for the notification

 a)   Position/status                                              Chief executive

 b)   Initial notification/Amendment                               Initial notification

 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor

 a)   Name                                                         M.P.Evans Group PLC

 b)   LEI                                                           2138003IBXJUCR4SZG26
 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, type of instrument  Shares of 10 pence per share in M.P.Evans Group PLC ("Shares").

                                                                   Identification code: ISIN GB007538100

 b)   Nature of the transaction                                    a)   Exercise of options over Shares

                                                                   b)   Sale of Shares

                                                                   c)   Transfer of Shares

 c)   Price(s) and volume(s)                                       a) Exercise of share options over Shares:

                                                                   Price(s)             Nil

                                                                   Volume(s)         10,049

                                                                   b) Sale of Shares:

                                                                   Price(s)             808p

                                                                   Volume(s)         4,649

                                                                   c)Transfer of Shares:

                                                                   Price(s)             Nil

                                                                   Volume(s)         5,400

 d)   Aggregated information                                       a)   N/A

                                                                   b)   N/A

                                                                   c)   N/A

 e)   Date of transaction                                          4 April 2024

 f)   Place of transaction                                         a)   Outside trading venue

                                                                   b)   London Stock Exchange (XLON); AIM

                                                                   c)   Outside trading venue

 

Enquiries:

 

 M.P. Evans Group PLC                                      Telephone: +44 (0)1892 516333
 Peter Hadsley-Chaplin - Chairman
 Matthew Coulson - Chief executive
 Luke Shaw - Chief financial officer

 Cavendish Capital Markets Limited (Nomad and broker)      Telephone: +44 (0)20 7220 0500
 Matt Goode, George Lawson, Rory Sale - Corporate finance

 Tim Redfern, Harriet Ward - Equity capital markets

 Hudson Sandler (Financial PR)                             Telephone:  +44 (0)20 7796 4133
 Charlie Jack, Charlotte Cobb, Francis Kerrigan

 

 

 

 

 

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