Director/PDMR Shareholding

M. P. Evans Group PLC

05 January 2024

 

M.P. EVANS GROUP PLC

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

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

GRANT OF SHARE OPTIONS

On 4 January 2024, the Company granted nil-cost options under the M.P. Evans Group PLC Long Term Incentive Scheme (each an "Option" or collectively "Options"), respectively to Mr Matthew Coulson, the chief executive, over 18,000 shares of 10p each in the Company and to Mr Luke Shaw, the chief financial officer, over 12,000 shares of 10p each in the Company.

In each case the Option will normally vest and become exercisable on 4 January 2027, subject to continued employment. The Option is also in each case subject to satisfaction of an 'underpin condition' linked to the general financial performance of the Company and adherence to the Company's core strategic pillars (Responsibility, Excellence, Growth, and Yield).

Any shares resulting from exercise of these Options (after any sales to fund tax liabilities) will also be subject to a two-year holding period ending 4 January 2029.

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 an Option over 10p shares
c)	Price(s) and volume(s)	Exercise Prices per share Volumes Nil Cost Option 18,000
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: N/A Price: N/A
e)	Date of the transaction	4 January 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the persons discharging managerial responsibilities / person closely associated
a)	Name	Luke Shaw
2	Reason for the notification
a)	Position/status	Chief financial officer
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 an Option over 10p shares
c)	Price(s) and volume(s)	Exercise Prices per share Volumes Nil Cost Option 12,000
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: N/A Price: N/A
e)	Date of the transaction	4 January 2024
f)	Place of the transaction	Outside a trading venue

Enquiries:

M.P. Evans Group PLC	[phone]
Peter Hadsley-Chaplin	Executive chairman
Matthew Coulson Luke Shaw	Chief executive Chief financial officer
Peel Hunt LLP (Nomad and joint broker)	[phone]
Adrian Trimmings, Andrew Clark, Lalit Bose
Cavendish  (Joint broker)	[phone]
Tim Redfern, Harriet Ward
Hudson Sandler (Financial PR)	[phone]
Charlie Jack, Charlotte Cobb, Francis Kerrigan

 

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