REG - MS International PLC - Director/PDMR Shareholding & Total Voting Rights

MS InternationalAnnouncement

13/12/2022 14:30

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RNS Number : 5785J  MS International PLC  13 December 2022

13 December 2022

 

MS INTERNATIONAL plc

(the "Company")

 

Exercise of options, transfer out of treasury & total voting rights

Director/PDMR Shareholding

 

The Company announces that on 9 December 2022 Michael Bell, Executive Chairman
of the Company, and Michael O'Connell, Finance Director of the Company,
exercised Long Term Incentive Plan ("LTIP") share options (the "Options")
over, in aggregate, 250,000 ordinary shares of 10 pence each in the capital of
the Company ("Ordinary Shares"). 150,000 Options were exercised by Michael
Bell and 100,000 Options were exercised by Michael O'Connell.

In accordance with the rules of the LTIP, the Options were subject to a
performance condition requiring the Company's share price to remain above 300
pence per share for 90 consecutive days, which was achieved on 13 November
2022.

The Company transferred 250,000 shares from treasury on 12 December 2022 in
order to satisfy these exercises of Options (the "Transfer"). Following this
exercise of Options, Mr Bell's beneficial interest in the Company comprises
2,990,967 Ordinary Shares, representing approximately 18.2% of the Company's
issued share capital (excluding shares held in treasury). Mr O'Connell's
resulting beneficial interest in the Company comprises 1,604,195 Ordinary
Shares, representing approximately 9.8% of the Company's issued share capital
(excluding shares held in treasury).

Following the Transfer, the Company's issued ordinary share capital will
consist of 17,841,073 Ordinary Shares, each carrying one voting right, of
which a total of 1,396,334 Ordinary Shares are held in treasury. Therefore,
the total voting rights in the Company is 16,444,739. This figure should be
used by shareholders as the denominator for the calculation by which they
determine if they are required to notify their interest in, or a change to
their interest in, the Company under the Financial Conduct Authority's
Disclosure Guidance and Transparency Rules.

The notifications below, made in accordance with the requirements of the UK
Market Abuse Regulation, provide further detail.

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Mr Michael Bell

 2    Reason for the notification

 a)   Position/status                                              Executive Chairman

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         MS INTERNATIONAL plc

 b)   LEI                                                          213800Q34ZAXQ582YL41

 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 10 pence each

      Identification code

                                                                   ISIN: GB0005957005
 b)   Nature of the transaction                                    Exercise of Long Term Incentive Plan Options

 c)   Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                                 Nil       150,000

 d)   Aggregated information                                       Aggregated volume: 150,000

      - Aggregated volume                                          Aggregated price: nil

      - Price

 e)   Date of the transaction                                      9 December 2022

 f)   Place of the transaction                                     Off market transaction

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Aggregated volume: 150,000

 

Aggregated price: nil

e)

 

Date of the transaction

 

9 December 2022

f)

 

Place of the transaction

 

Off market transaction

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Mr Michael O'Connell

 2    Reason for the notification

 a)   Position/status                                              Finance Director

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         MS INTERNATIONAL plc

 b)   LEI                                                          213800Q34ZAXQ582YL41

 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 10 pence each

      Identification code

                                                                   ISIN: GB0005957005
 b)   Nature of the transaction                                    Exercise of Long Term Incentive Plan Options

 c)   Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                                 Nil       100,000

 d)   Aggregated information                                       Aggregated volume: 100,000

      - Aggregated volume                                          Aggregated price: nil

      - Price

 e)   Date of the transaction                                      9 December 2022

 f)   Place of the transaction                                     Off market transaction

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Aggregated volume: 100,000

 

Aggregated price: nil

e)

 

Date of the transaction

 

9 December 2022

f)

 

Place of the transaction

 

Off market transaction

 

For further information please contact:

 

MS INTERNATIONAL
plc
                             Tel: +44 (0)13 0232
2133

Michael Bell

 

Shore Capital

Nomad and Broker
                                             Tel: +44
(0)20 7408 4090

Patrick Castle/Daniel Bush

 

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