REG - Macfarlane Group PLC - Director/PDMR Shareholding

MacfarlaneAnnouncement

28/03/2025 09:30

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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 26(th) 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 27(th) 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  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

               of dividend equivalent)

 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  Ordinary shares of 25 pence each in Macfarlane Group plc

     Identification code                                          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     64,596 ordinary shares

                                                                  2.   Nil

                                                                         31,357 ordinary shares
 d)  Aggregated information

     -  Aggregated volume                                         Not applicable - single transactions

     -  Price                                                     Nil
 e)  Date of the transaction                                      26 March 2025
 f)  Place of the transaction                                     Outside a trading venue

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  Ordinary shares of 25 pence each in Macfarlane Group plc

     Identification code                                          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     29,128 ordinary shares

                                                                  2.   104.50 pence     15,397 ordinary shares

 
 d)  Aggregated information

     -  Aggregated volume                                         Not applicable - single transactions

     -  Price
 e)  Date of the transaction                                      26 March 2025
 f)  Place of the transaction                                     Outside a trading venue

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.

 

 

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