PDMR transaction & Total Voting Rights

RNS Number : 6063R

M. P. Evans Group PLC

22 September 2017

 

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 transaction

and

Total Voting Rights

PDMR transaction

The Company has been notified of the exercise of share options today under the executive share-option scheme by Mr TRJ Price, a director of the Company.  Mr TRJ Price exercised his share options over 75,000 ordinary shares of 10p each in the capital of the Company ("Ordinary Shares") granted at 385p per Ordinary Share and due to expire on 16 November 2017. Accordingly, the Company issued Mr TRJ Price 75,000 Ordinary Shares.

Simultaneously, Mr TRJ Price sold 57,000 Ordinary Shares at 742.5p per Ordinary Share in order to fund the exercise cost of the share options and the associated tax liabilities. In addition, Mr TRJ Price transferred the remaining 18,000 Ordinary Shares to Mrs JA Price, Mr TRJ Price's wife.

Total Voting Rights

Following the above transactions the Company has 55,137,992 Ordinary Shares in issue.  All of the Ordinary Shares have equal voting rights and there are no Ordinary Shares held in Treasury.

The above figure of 55,137,992 represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they will 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 and Transparency Rules.

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 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	Ordinary shares of 10 pence per share in M.P.Evans Group PLC ("Ordinary Shares"). Identification code: ISIN GB007538100
b)	Nature of the transaction	Exercise of options over Ordinary Shares Sale of Ordinary Shares Transfer of Ordinary Shares
c)	Price(s) and volume(s)	Exercise of share options over Ordinary Shares: Price(s)             385p (exercise price) Volume(s)         75,000 Sale of Ordinary Shares: Price(s)             742.5p Volume(s)         57,000 Transfer of Ordinary Shares: Price(s)             Nil Volume(s)         18,000
d)	Aggregated information	N/A
e)	Date of transaction	22 September 2017
f)	Place of transaction	London Stock Exchange (XLON); AIM

Enquiries:

M.P. Evans Group PLC    Telephone: [phone]

Peter Hadsley-Chaplin, Chairman

Tristan Price, Chief executive

Matthew Coulson, Finance director

Peel Hunt LLP                       Telephone: [phone]

Dan Webster

Adrian Trimmings

George Sellar

Hudson Sandler                    Telephone: [phone]

Charlie Jack

Bertie Berger

 

END

 

 

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