Director/PDMR Shareholding

RNS Number : 6129J

M. P. Evans Group PLC

14 December 2022

 

M.P. EVANS GROUP PLC

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

GRANT OF SHARE OPTIONS

On 13 December 2022, in line with its policy of deferring half the executive annual bonus into nil-cost share options, the Company granted an option under the M.P. Evans Group PLC Long Term Incentive Scheme to Mr Matthew Coulson, the chief executive. He may subscribe for 19,880 shares of 10p each in the Company at a nil cost exercise price. No additional performance criteria will attach to the deferred-bonus award since the original bonus is performance related. This option is exercisable at any time between 13 December 2025 and 12 December 2032.

The information set out below is provided in accordance with the requirements of Article 19(3) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse, as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended ("UK MAR").

1	Details of the persons discharging managerial responsibilities / person closely associated
a)	Name	Matthew Coulson
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 10p per share in the capital of M.P. Evans Group PLC (10p shares)
	Identification code	ISIN: GB0007538100
b)	Nature of the transaction	Grant of options over 10p shares
c)	Price(s) and volume(s)	Exercise Prices per share Volumes Nil Cost Options 19,880
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: N/A Price: N/A
e)	Date of the transaction	13 December 2022
f)	Place of the transaction	Outside a trading venue

Enquiries:

M.P. Evans Group PLC	[phone]
Peter Hadsley-Chaplin	Executive chairman
Matthew Coulson	Chief executive
Peel Hunt LLP (Nomad and joint broker)	[phone]
Dan Webster, Andrew Clark, Lalit Bose
finnCap (Joint broker)	[phone]
Tim Redfern, Harriet Ward
Hudson Sandler (Financial PR)	[phone]
Charlie Jack, Francis Kerrigan, Amelia Craddock

 

END

 

 

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