Exercise of Options and Director/PDMR Shareholding

MS International PLC

04 July 2023

 

4 July 2023

MS INTERNATIONAL plc

(the "Company")

Exercise of Options,

and

Director/PDMR Shareholding

Exercise of Options

MS International plc announces certain employees have exercised in aggregate 45,002 options over ordinary shares of 10p each in the capital of the Company ("Ordinary Shares"). The exercise of options is today being satisfied from existing Ordinary Shares which were held by the Company in treasury. 

Total Voting Rights

Following this exercise of options, the Company's issued share capital will be 17,841,073. The Company holds 1,264,661 shares in treasury. Therefore, the total number of voting rights in the Company is 16,576,412.

The above figure of 16,576,412 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 FCA's Disclosure Guidance and Transparency Rules.

PDMR

As part of the exercise options described above, Mr Nicholas Bell, Executive Director of the Company, exercised 25,001 options over Ordinary Shares. Accordingly, Mr Bell's beneficial interest in Ordinary Shares has increased by 25,001 and now comprises 135,001 Ordinary Shares, representing approximately 0.8% of the Company's issued share capital (excluding shares held in treasury).

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides 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 Nicholas Bell
2	Reason for the notification
a)	Position/status	Executive 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 Identification code	Employee share options over Ordinary Shares of 1.41 pence each ISIN: GB0005957005
b)	Nature of the transaction	Exercise of employee share options
c)	Price(s) and volume(s)	Price(s) Volume(s) 141p 25,001
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: N/A Aggregated price: N/A
e)	Date of the transaction	03 July 2023
f)	Place of the transaction	Off market transaction

MAR PDMR Clarification

As part of the same exercise of options, the MAR PDMR forms for Michael O'Connell (RNS number: 7831D) and Michael Bell (RNS number: 2716E) which were announced 23 June 2023 and 28 June 2023, respectively, incorrectly stated the exercise price of 1.41p as opposed to the correct exercise price of 141p. All other details were correct.

For further information please contact:

MS INTERNATIONAL plc                                                                             Tel: [phone]

Michael Bell

Shore Capital

Nomad and Broker                                                                                                         Tel: [phone]
Patrick Castle/Daniel Bush/Lucy Bowden

 

END