REG - Mpac Group PLC - Directors/PDMRs Dealing

MPACAnnouncement

01/04/2021 16:30

RNS Number : 3852U
  
Mpac Group PLC
  
01 April 2021
  
 

1 April 2021
 
Mpac Group plc
("Mpac" or the "Company")
Directors/PDMRs Dealing
 
Notification and public disclosure of transactions by persons discharging managerial responsibilities
("PDMR") and persons closely associated with them.
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Tony Steels




2


Reason for the notification




a)


Position/status


Chief Executive / PDMR




b)


Initial notification/Amendment


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Mpac Group plc




b)


LEI


213800J3KUDYLRHHU562




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 25p each ("Ordinary Shares")
GB0005991111




b)


Nature of the transaction


Transfer of Ordinary shares to Dr Steels by the Mpac Group plc Employee Trust ("Trust") upon exercise of a conditional grant over Ordinary Shares awarded on 13 March 2018 under the Mpac Group plc Deferred Share Plan.
Subsequent sale by Dr Steels of Ordinary Shares back to the Trust to cover the tax liability arising on exercise.




c)


Price(s) and volume(s)


(a)  In respect of the transfer to Dr Steels:
Volume(s): 58,811 Ordinary Shares
Price: £nil
(b)  In respect of the sale by Dr Steels:
Volume(s): 27,641 Ordinary Shares
Price: 547.0 pence per Ordinary Share




d)


Aggregated information
-      Volume 
-      Price
-      Total


N/A




e)


Date of the transaction


30 March 2021




f)


Place of the transaction


Outside a trading venue




 
Dr Steels shareholding following this transaction is now 110,134 Ordinary Shares, representing 0.55%
of the Company's issued share capital.
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


William Wilkins




2


Reason for the notification




a)


Position/status


Group Finance Director / PDMR




b)


Initial notification/Amendment


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Mpac Group plc




b)


LEI


213800J3KUDYLRHHU562




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 25p each ("Ordinary Shares")
GB0005991111




b)


Nature of the transaction


Transfer of Ordinary shares to Mr Wilkins by the Mpac Group plc Employee Trust ("Trust") upon exercise of a conditional grant over Ordinary Shares awarded on 13 March 2018 under the Mpac Group plc Deferred Share Plan.
Subsequent sale by Mr Wilkins of Ordinary Shares back to the Trust to cover the tax liability arising on exercise.




c)


Price(s) and volume(s)


(c)   In respect of the transfer to Mr Wilkins:
Volume(s): 7,713 Ordinary Shares
Price: £nil
(d)  In respect of the sale by Mr Wilkins:
Volume(s): 3,625 Ordinary Shares
Price: 547.0 pence per Ordinary Share




d)


Aggregated information
-      Volume 
-      Price
-      Total


N/A




e)


Date of the transaction


30 March 2021




f)


Place of the transaction


Outside a trading venue




 
Mr Wilkins shareholding following this transaction is now 7,227 Ordinary Shares, representing 0.04%
of the Company's issued share capital.
 
 
For further information, please contact:




Mpac Group plc
Tony Steels, Chief Executive
Will Wilkins, Group Finance Director
 


Tel: +44(0)2476 421100




Shore Capital (Nominated Adviser & Broker)
Advisory
Patrick Castle
Edward Mansfield
Sarah Mather
Broking
Henry Willcocks
 


Tel: +44(0)20 7408 4050
 




Hudson Sandler
Nick Lyon / Nick Moore


Tel: +44(0)20 7796 4133




 

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