Director/PDMR Shareholding

Macfarlane Group PLC

28 March 2025

 

Macfarlane Group PLC

28th March 2025

Macfarlane Group PLC

Director / PDMR Shareholding

Macfarlane Group PLC (LON: MACF) announces that on 26^th March 2025 the following persons discharging managerial responsibilities ('PDMRs') acquired ordinary shares of 25 pence each in the Company ("Shares") for nil consideration upon the maturity of the 27^th March 2023 awards under the Company's 2022 Deferred Bonus Share Plan ("DBSP"), together with details of the subsequent sale of certain shares automatically arranged on their behalf in accordance with the terms of the DBSP to satisfy related income tax and national insurance liabilities:

PDMR	Number of Shares acquired for nil cost (including those added for in respect of dividend equivalent)	Number of Shares sold to satisfy income tax and national insurance	Number of Shares retained post sale	Total number of Shares held in the Company	% held of Company's issued share capital
Peter Atkinson	64,596	29,128	35,468	1,513,456	0.95%
Ivor Gray	31,357	15,397	15,960	303,324	0.19%

The Company has been informed that today, the Company's employee benefit trust (the "EBT") purchased 44,525 Shares at an average price of 104.50 pence per Share to help satisfy any future exercise of share options. As a result, the EBT now holds 278,640 Shares in the Company which is approximately 0.17% of the Company's issued share capital.

The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1. Peter Atkinson 2. Ivor Gray
2	Reason for Notification
a)	Position/status	1. Chief Executive 2. Group Finance Director
b)	Initial notification/Amendment	Initial Announcement
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 Identification code	Ordinary shares of 25 pence each in Macfarlane Group plc GB0005518872
b)	Nature of the transaction	Settlement of award under the Company DBSP acquired for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   Nil 2.   Nil 64,596 ordinary shares 31,357 ordinary shares
d)	Aggregated information -  Aggregated volume -  Price	Not applicable - single transactions Nil
e)	Date of the transaction	26 March 2025
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.  Peter Atkinson 2.  Ivor Gray
2	Reason for Notification
a)	Position/status	1. Chief Executive 2. Group Finance Director
b)	Initial notification/Amendment	Initial Announcement
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 Identification code	Ordinary shares of 25 pence each in Macfarlane Group plc GB0005518872
b)	Nature of the transaction	Disposals arranged by the Company's employee benefit trust to cover income tax and national insurance liabilities
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   104.50 pence 2.   104.50 pence 29,128 ordinary shares 15,397 ordinary shares
d)	Aggregated information -  Aggregated volume -  Price	Not applicable - single transactions
e)	Date of the transaction	26 March 2025
f)	Place of the transaction	Outside a trading venue

Further enquiries:	Macfarlane Group	Tel: [phone]
	Aleen Gulvanessian Chair
	Peter Atkinson Chief Executive
	Ivor Gray Finance Director
	Spreng Thomson
	Callum Spreng	Mob: [phone]

Notes to Editors:

·    Macfarlane Group PLC has been listed on the Main Market of the London Stock Exchange plc (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 with high-quality protective packaging products which help customers reduce supply chain costs, improve operational efficiencies and sustainability 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 is a UK market leader in the design and production of protective packaging for high value and fragile products.

·    Headquartered in Glasgow, Scotland, Macfarlane Group employs over 1,000 people at 43 sites, principally in the UK, as well as in Ireland, Germany 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, supplying to a wide range of sectors, including: retail e-commerce; consumer goods; food; logistics; mail order; electronics; defence; medical; automotive; and aerospace.

 

END