Director/PDMR Shareholding

Macfarlane

28/03/2025 09:29

RNS Number : 6863C

Macfarlane Group PLC

28 March 2025

 

Macfarlane Group PLC

28th March 2025

 

Macfarlane Group PLC

Director / PDMR Shareholding

Macfarlane Group PLC (LON: MACF) announces that on 26th March 2025 the following persons discharging managerial responsibilities ('PDMRs') acquired ordinary shares of 25 pence each in the Company ("Shares") for nil consideration upon the maturity of the 27th March 2023 awards under the Company's 2022 Deferred Bonus Share Plan ("DBSP"), together with details of the subsequent sale of certain shares automatically arranged on their behalf in accordance with the terms of the DBSP to satisfy related income tax and national insurance liabilities:

PDMR
Number of Shares acquired for nil cost (including those added for in respect of dividend equivalent)
Number of Shares sold to satisfy income tax and national insurance
Number of Shares retained post sale
Total number of Shares held in the Company
% held of Company's issued share capital
Peter Atkinson
64,596
29,128
35,468
1,513,456
0.95%
Ivor Gray
31,357
15,397
15,960
303,324
0.19%

 

The Company has been informed that today, the Company's employee benefit trust (the "EBT") purchased 44,525 Shares at an average price of 104.50 pence per Share to help satisfy any future exercise of share options. As a result, the EBT now holds 278,640 Shares in the Company which is approximately 0.17% of the Company's issued share capital.

The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
1. Peter Atkinson
2. Ivor Gray
2
Reason for Notification
a)
Position/status
1. Chief Executive
2. Group Finance Director
b)
Initial notification/Amendment
Initial Announcement
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Macfarlane Group PLC
b)
LEI
213800LVRYDERSJAAZ73
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
Identification code
Ordinary shares of 25 pence each in Macfarlane Group plc
GB0005518872
b)
Nature of the transaction
Settlement of award under the Company DBSP acquired for nil consideration.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1. Nil
2. Nil
64,596 ordinary shares
31,357 ordinary shares
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transactions
Nil
e)
Date of the transaction
26 March 2025
f)
Place of the transaction
Outside a trading venue

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
1. Peter Atkinson
2. Ivor Gray
2
Reason for Notification
a)
Position/status
1. Chief Executive
2. Group Finance Director
b)
Initial notification/Amendment
Initial Announcement
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Macfarlane Group PLC
b)
LEI
213800LVRYDERSJAAZ73
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
Identification code
Ordinary shares of 25 pence each in Macfarlane Group plc
GB0005518872
b)
Nature of the transaction
Disposals arranged by the Company's employee benefit trust to cover income tax and national insurance liabilities
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1. 104.50 pence
2. 104.50 pence
29,128 ordinary shares
15,397 ordinary shares
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transactions
e)
Date of the transaction
26 March 2025
f)
Place of the transaction
Outside a trading venue

 

 

Further enquiries:
Macfarlane Group
Tel: 0141 333 9666
Aleen Gulvanessian Chair
Peter Atkinson Chief Executive
Ivor Gray Finance Director
Spreng Thomson
Callum Spreng
Mob: 07803 970103

 

 

Notes to Editors:

·    Macfarlane Group PLC has been listed on the Main Market of the London Stock Exchange plc (LSE: MACF) since 1973, with over 70 years' experience in the UK packaging industry.

·    Through its two divisions, Macfarlane Group services a broad range of business customers, supplying them with high-quality protective packaging products which help customers reduce supply chain costs, improve operational efficiencies and sustainability and enhance their brand presentation. The divisions are:

 o Packaging Distribution - Macfarlane Packaging Distribution is the leading UK distributor of a comprehensive range of protective packaging products; and

 o Manufacturing Operations - Macfarlane Design and Manufacture is a UK market leader in the design and production of protective packaging for high value and fragile products.

·    Headquartered in Glasgow, Scotland, Macfarlane Group employs over 1,000 people at 43 sites, principally in the UK, as well as in Ireland, Germany and the Netherlands.

·     Macfarlane Group supplies more than 20,000 customers, principally in the UK and Europe.

·   In partnership with 1,700 suppliers, Macfarlane Group distributes and manufactures 600,000+ lines, supplying to a wide range of sectors, including: retail e-commerce; consumer goods; food; logistics; mail order; electronics; defence; medical; automotive; and aerospace.

 

 

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 or visit 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.

 
  END

 

 
DSHGCGDXLDDDGUI