Director/PDMR Shareholding

RNS Number : 5525E

Macfarlane Group PLC

11 March 2022

 

Macfarlane Group PLC

("Macfarlane" or the "Company")

Director/PDMR Shareholding

On 8th March 2022 Aleen Gulvanessian (Non-Executive Director) purchased 7,915 ordinary shares of 25p in Macfarlane at a price of 125.59 pence per Ordinary Share.

The Company makes the following disclosures in accordance with Article 19 of the Market Abuse Regulation ("MAR") r elating to certain transactions by persons discharging managerial responsibilities ("PDMR") in the shares of the Company :

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Aleen Gulvanessian
2	Reason for the notification
a)	Position/status	Non-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	Macfarlane Group PLC
b)	LEI	213800LVRYDERSJAAZ73
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	Purchase of ordinary shares of 25p each ("Ordinary Shares")
	Identification code	N/A
b)	Nature of the transaction	Share purchase
c)	Price(s) and volume(s)	Volume: 7,915 Ordinary Shares Price: 125.59 pence per Ordinary Share
d)	Aggregated information
	- Aggregated volume	N/A - single transaction
	- Price
e)	Date of the transaction	8 th  March 2022
f)	Place of the transaction	London Stock Exchange

Further enquiries:	Macfarlane Group	Tel: [phone]
	Stuart Paterson Chairman
	Peter Atkinson Chief Executive
	Ivor Gray Finance Director
	Spreng Thomson	Tel: [phone]
	Callum Spreng	Mob: [phone]

Notes to Editors:

· Macfarlane Group PLC has been listed on the Premium segment of the Main Market of the London Stock Exchange (LSE: MACF) since 1973 with over 70 years' experience in the UK packaging industry.

· Through its two divisions Macfarlane Group services a broad range of business customers, supplying them high quality protective packaging which help customers reduce supply chain costs, improve their operational efficiencies and enhance their brand presentation. The divisions are:

o  Packaging Distribution   - Macfarlane Packaging Distribution is the leading UK distributor of a comprehensive range of protective packaging products; and

o  Manufacturing Operations - Macfarlane Design and Manufacture   who design and produce protective packaging for high value and fragile products.

· Headquartered in Glasgow, Scotland, Macfarlane Group employs over 900 people at 36 sites, principally in the UK, as well as in Ireland and the Netherlands.

· Macfarlane Group supplies more than 20,000 customers principally in the UK and Europe.

· In partnership with 1,700 suppliers, Macfarlane Group distributes and manufactures 600,000+ lines across a wide range of sectors, including: retail e-commerce; consumer goods; food; logistics; mail order; electronics; defence, automotive and aerospace.

 

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