REG - Mincon Group Plc - Director/PDMR Shareholding

MinconAnnouncement

20/03/2026 17:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260320:nRST5463Xa&default-theme=true

RNS Number : 5463X  Mincon Group Plc  20 March 2026

Mincon Group plc
("Mincon" or the "Company")

 

Director / PDMR Shareholding

 

 

The Company announces that it has granted options over ordinary shares of
nominal value €0.01 each in the capital of the Company ("Ordinary Shares")
to certain employees pursuant to the Company's 2022 Long Term Incentive Plan
(the "Plan").

 

On the 20 March 2026, options over an aggregate of 4,360,000 Ordinary Shares
(the "Options") have been granted under the Plan, exercisable at a price of
€0.72 each, being the share price at the time of grant. The Options will
vest on the third anniversary of the award date, subject to the achievement of
specified performance conditions (see below). Vested Options will expire if
they have not been exercised after seven years from the date of grant.

 

The Options will vest subject to the satisfaction of the following performance
conditions: (i) 50% of the Options will vest on the achievement by the Company
of a compound annual growth rate ("CAGR") in Earnings Before Interest and Tax
("EBIT") on continuing operations greater than or equal to 22.3% over the
three financial years ending on 31 December 2028; and (ii) 50% of the Options
will vest on the achievement by the Company of a Return on Capital Employed
("ROCE") of greater than or equal to 12% for the financial year ended 31
December 2028.

 

 

Details of the grants of Options over Ordinary Shares to persons discharging
managerial responsibilities are set out in the table at the end of this
announcement.

 

Ends

 

20 March 2026

 

Mincon Group plc                           Tel: +353
(61) 361 099

Joe Purcell CEO Mark McNamara CFO

Tom Purcell COO

 

Davy Corporate Finance

(Nominated Adviser, Euronext Growth Listing Sponsor and Joint Broker) Tel:
+353 (1) 679 6363

Anthony Farrell Daragh O'Reilly

 

Shore Capital (Joint Broker)        Tel: +44 (0) 20 7408 4090

Malachy McEntyre Mark Percy

Daniel Bush

 

 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 

This form is required for disclosure of transactions under Article 19 of
Regulation (EU) No 596/2014 of the European Parliament and of the Council of
16 April 2014 on market abuse (Market Abuse Regulation)

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)

     Name                                      Mark McNamara
 2   Reason for the notification

 a)

     Position/status                           Chief Financial Officer / PDMR
 b)  Initial Notification Amendment

                                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                      Mincon Group plc
 b)  LEI                                       635400LCBSV68KQHN886
 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         Options to subscribe for Ordinary Shares of Nominal Value €0.01 each.

                                         ISIN:      IE00BD64C665
     code
 b)  Nature of the transaction

                                               i.              Grant of Options to subscribe for new Ordinary
                                               Shares under the Mincon Group plc Long Term Incentive Plan 2022. Options shall
                                               vest over a three year period, subject to the satisfaction of performance
                                               conditions.

                                               ii.             Grant of Options to subscribe for new Ordinary
                                               Shares under the Mincon Group plc Long Term Incentive Plan 2022. Options shall
                                               vest over a three year period, subject to the satisfaction of performance
                                               conditions.

 c)  Price(s) and volume(s)                    Price                     Volume
                                               i.                            €0.72 (exercise price)    300,000
                                               ii.                           €0.42 (exercise price)    300,000
 d)  Aggregated information

     - Aggregated volume                       N/A - Single Transaction

     - Price
 e)  Date of the transaction

                                               i.              20 March 2026

                                               ii.             8 May 2025
 f)  Place of the transaction

                                               i.              Outside a trading venue

                                               ii.             Outside a trading venue
 g)  Additional Information                    Above transaction dated 8 May 2025 relates to PDMR disclosure in respect of
                                               wider grant of options to employees in 2025, the issue of which were
                                               previously noted in the Company's financial statements in 2025. For reference,
                                               on the 08 May 2025, options over an aggregate of 4,360,000 Ordinary Shares
                                               (the "Options") were granted under the Plan, exercisable at a price of €0.42
                                               each, being the share price at the time of grant. The Options will vest on the
                                               third anniversary of the award date, subject to the achievement of specified
                                               performance conditions (see below). Vested Options will expire if they have
                                               not been exercised after seven years from the date of grant.

                                               The Options will vest subject to the satisfaction of the following performance
                                               conditions: (i) 50% of the Options will vest on the achievement by the Company
                                               of a compound annual growth rate ("CAGR") in Earnings Before Interest and Tax
                                               ("EBIT") on continuing operations greater than or equal to 33.26% over the
                                               three financial years ending on 31 December 2027; and (ii) 50% of the Options
                                               will vest on the achievement by the Company of a Return on Capital Employed
                                               ("ROCE") of greater than or equal to 11.5% for the financial year ended 31
                                               December 2027.

d)

Aggregated information

- Aggregated volume

- Price

 

N/A - Single Transaction

e)

Date of the transaction

 

i.              20 March 2026

ii.             8 May 2025

f)

Place of the transaction

 

i.              Outside a trading venue

ii.             Outside a trading venue

g)

Additional Information

Above transaction dated 8 May 2025 relates to PDMR disclosure in respect of
wider grant of options to employees in 2025, the issue of which were
previously noted in the Company's financial statements in 2025. For reference,
on the 08 May 2025, options over an aggregate of 4,360,000 Ordinary Shares
(the "Options") were granted under the Plan, exercisable at a price of €0.42
each, being the share price at the time of grant. The Options will vest on the
third anniversary of the award date, subject to the achievement of specified
performance conditions (see below). Vested Options will expire if they have
not been exercised after seven years from the date of grant.

 

The Options will vest subject to the satisfaction of the following performance
conditions: (i) 50% of the Options will vest on the achievement by the Company
of a compound annual growth rate ("CAGR") in Earnings Before Interest and Tax
("EBIT") on continuing operations greater than or equal to 33.26% over the
three financial years ending on 31 December 2027; and (ii) 50% of the Options
will vest on the achievement by the Company of a Return on Capital Employed
("ROCE") of greater than or equal to 11.5% for the financial year ended 31
December 2027.

 

 

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  DSHAKKBNABKDQNB



            Copyright 2019 Regulatory News Service, all rights reserved