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RNS Number : 5525E Macfarlane Group PLC 11 March 2022
Macfarlane Group PLC
("Macfarlane" or the "Company")
Director/PDMR Shareholding
On 8th March 2022 Aleen Gulvanessian (Non-Executive Director) purchased 7,915
ordinary shares of 25p in Macfarlane at a price of 125.59 pence per Ordinary
Share.
The Company makes the following disclosures in accordance with Article 19 of
the Market Abuse Regulation ("MAR") relating to certain transactions by
persons discharging managerial responsibilities ("PDMR") in the shares of the
Company:
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Aleen Gulvanessian
2 Reason for the notification
a) Position/status Non-Executive Director
b) Initial notification /Amendment Initial Notification
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 Purchase of ordinary shares of 25p each ("Ordinary Shares")
Identification code N/A
b) Nature of the transaction Share purchase
c) Price(s) and volume(s) Volume: 7,915 Ordinary Shares
Price: 125.59 pence per Ordinary Share
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 8(th) March 2022
f) Place of the transaction London Stock Exchange
Further enquiries: Macfarlane Group Tel: 0141 333 9666
Stuart Paterson Chairman
Peter Atkinson Chief Executive
Ivor Gray Finance Director
Spreng Thomson Tel: 0141 548 5191
Callum Spreng Mob: 07803 970103
Notes to Editors:
· Macfarlane Group PLC has been listed on the Premium segment of the
Main Market of the London Stock Exchange (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 high quality protective packaging which
help customers reduce supply chain costs, improve their operational
efficiencies 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 who design
and produce protective packaging for high value and fragile products.
· Headquartered in Glasgow, Scotland, Macfarlane Group employs over 900
people at 36 sites, principally in the UK, as well as in Ireland 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 across a wide range of sectors, including: retail
e-commerce; consumer goods; food; logistics; mail order; electronics; defence,
automotive and aerospace.
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