Director/PDMR Shareholding

RNS Number : 2601I

M. P. Evans Group PLC

10 December 2020

 

NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

M.P. Evans Group Plc

(the "Company" or "M.P. Evans")

PDMR transactions

PDMR transactions

The Company has been notified of the exercise of share options today under the M.P. Evans Group PLC Long Term Incentive Scheme by Mr TRJ Price and Mr MH Coulson directors of the Company.  Mr TRJ Price exercised his share options over 16,347 shares of 10p each in the capital of the Company ("Shares") granted at nil cost per Share and due to expire on 2 April 2027. Mr MH Coulson exercised his share options over 8,333 Shares granted at nil cost per Share and due to expire on 2 April 2027. These awards were satisfied out of shares held by the Trustee of the M.P. Evans Group 2018 Employees' Benefit Trust.

Simultaneously, Mr TRJ Price sold 7,847 Shares at 650p per Share in order to fund the tax and national insurance liabilities resulting from the exercise of the share options. In addition, Mr TRJ Price transferred the remaining 8,500 Shares to Mrs JA Price, Mr TRJ Price's wife.

Mr MH Coulson sold 3,933 Shares at 650p per Share in order to fund the tax and national insurance liabilities resulting from the exercise of the share options. In addition, Mr MH Coulson transferred the remaining 4,400 Shares to Mrs N Coulson, Mr MH Coulson's wife.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Tristan Price
2	Reason for the notification
a)	Position/status	Chief executive
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	M.P.Evans Group PLC
b)	LEI	2138003IBXJUCR4SZG26
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	Shares of 10 pence per share in M.P.Evans Group PLC ("Shares"). Identification code: ISIN GB007538100
b)	Nature of the transaction	Exercise of options over Shares Sale of Shares Transfer of Shares
c)	Price(s) and volume(s)	Exercise of share options over Shares: Price(s)  Nil Volume(s)  16,347 Sale of Shares: Price(s)  650p Volume(s)  7,847 Transfer of Ordinary Shares: Price(s)  Nil Volume(s)  8,500
d)	Aggregated information	N/A
e)	Date of transaction	10 December 2020
f)	Place of transaction	London Stock Exchange (XLON); AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Matthew Harrison Coulson
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	M.P.Evans Group PLC
b)	LEI	2138003IBXJUCR4SZG26
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	Shares of 10 pence per share in M.P.Evans Group PLC ("Shares"). Identification code: ISIN GB007538100
b)	Nature of the transaction	Exercise of options over Shares Sale of Shares Transfer of Shares
c)	Price(s) and volume(s)	Exercise of share options over Shares: Price(s)  Nil Volume(s)  8,333 Sale of Shares: Price(s)  650p Volume(s)  3,933 Transfer of Ordinary Shares: Price(s)  Nil Volume(s)  4,400
d)	Aggregated information	N/A
e)	Date of transaction	10 December 2020
f)	Place of transaction	London Stock Exchange (XLON); AIM

10 December 2020

Enquiries:

M.P. Evans Group PLC	[phone]
Peter Hadsley-Chaplin	Chairman
Tristan Price	Chief executive
Matthew Coulson	Finance director
Peel Hunt LLP (Nomad and joint broker)	[phone]
Dan Webster
George Sellar
Andrew Clark
finnCap (Joint broker)	[phone]
Tim Redfern
Chris Raggett
Sunila de Silva
Hudson Sandler (Financial PR)	[phone]
Charlie Jack
Elfie Kent
Francis Kerrigan

 

END

 

 

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