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

M P EvansAnnouncement

02/01/2025 11:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250102:nRSB9419Ra&default-theme=true

RNS Number : 9419R  M. P. Evans Group PLC  02 January 2025

M.P. EVANS GROUP PLC

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

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

GRANT OF SHARE OPTIONS

M.P. Evans Group PLC, a producer of sustainable Indonesian palm oil, announces
that on 2 January it granted nil-cost options under the M.P. Evans Group PLC
Long Term Incentive Scheme respectively to Mr Matthew Coulson, the chief
executive, over 18,000 shares of 10p each in the Company  ("Shares") and to
Mr Luke Shaw, the chief financial officer, over 12,000 Shares (the "Options").

In each case the Options will normally vest and become exercisable on 2
January 2028, subject to continued employment. The Options are also in each
case subject to satisfaction of an 'underpin condition' linked to the general
financial performance of the Company and adherence to the Company's core
strategic pillars (Responsibility, Excellence, Growth, and Yield).

Any Shares resulting from exercise of these Options (after any sales to fund
tax liabilities) will also be subject to a two-year holding period ending 2
January 2030.

The information set out below is provided in accordance with the requirements
of Article 19(3) of Regulation (EU) No. 596/2014 of the European Parliament
and of the Council of 16 April 2014 on market abuse, as it forms part of UK
domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended
("UK MAR").

 1   Details of the persons discharging managerial responsibilities / person
     closely associated
 a)  Name                                                         Matthew 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 10p per share in the capital of M.P. Evans Group PLC (Shares)
     Identification code                                          ISIN: GB0007538100
 b)  Nature of the transaction                                    Grant of Options over Shares
 c)  Price(s) and volume(s)                                       Exercise Prices per share  Volumes
                                                                  Nil Cost Option            18,000
 d)  Aggregated information                                       Aggregated volume: N/A

     - Aggregated volume                                          Price: N/A

     - Price
 e)  Date of the transaction                                      2 January 2025
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: N/A

Price: N/A

e)

Date of the transaction

2 January 2025

f)

Place of the transaction

Outside a trading venue

 

 1   Details of the persons discharging managerial responsibilities / person
     closely associated
 a)  Name                                                         Luke Shaw
 2   Reason for the notification
 a)  Position/status                                              Chief financial officer
 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 10p per share in the capital of M.P. Evans Group PLC (10p shares)
     Identification code                                          ISIN: GB0007538100
 b)  Nature of the transaction                                    Grant of Options over Shares
 c)  Price(s) and volume(s)                                       Exercise Prices per share  Volumes
                                                                  Nil Cost Option            12,000
 d)  Aggregated information                                       Aggregated volume: N/A

     - Aggregated volume                                          Price: N/A

     - Price
 e)  Date of the transaction                                      2 January 2025
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: N/A

Price: N/A

e)

Date of the transaction

2 January 2025

f)

Place of the transaction

Outside a trading venue

Enquiries:

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

 Cavendish Capital Markets Limited (Nomad and broker)      Tel: +44 (0)20 7220 0500
 Matt Goode, George Lawson, Rory Sale - Corporate finance
 Tim Redfern, Harriet Ward - Equity capital markets

 Hudson Sandler (Financial PR)                             Tel:  +44 (0)20 7796 4133
 Charlie Jack, Francis Kerrigan, Francesca Rosser

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHSSSFFEEISEDF