Source - LSE Regulatory
RNS Number : 4313Z
M. P. Evans Group PLC
10 January 2020
 

M.P. EVANS GROUP PLC

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

 

GRANT OF SHARE OPTIONS

 

On 9 January 2020, in line with its policy of deferring half the executive annual bonus into nil-cost share options, the Company granted an option under the M.P. Evans Group PLC Long Term Incentive Scheme to each of Mr Tristan Price, the Chief Executive, and Mr Matthew Coulson, the Finance Director. They may subscribe, respectively, for 7,890 and 5,557 shares of 10p each in the Company at a nil cost exercise price. No additional performance criteria will attach to the deferred-bonus awards since the original bonus is performance related. These options are exercisable at any time between 9 January 2023 and 8 January 2030.

 

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 persons discharging managerial responsibilities / person closely associated

a)

Name

Tristan Price

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 options over 10p shares

c)

Price(s) and volume(s)

Exercise Prices per share

Volumes

 

Nil Cost Options

7,890

 

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: N/A

Price: N/A

e)

Date of the transaction

9 January 2020

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

1

Details of the persons discharging managerial responsibilities / person closely associated

a)

Name

Matthew Coulson

2

Reason for the notification

a)

Position/status

Finance Director

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 options over 10p shares

c)

Price(s) and volume(s)

Exercise Prices per share

Volumes

 

Nil Cost Options

5,557

 

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: N/A

Price: N/A

e)

Date of the transaction

9 January 2020

f)

Place of the transaction

Outside a trading venue

Enquiries:

M.P. Evans Group PLC

+44 (0)1892 516333

Peter Hadsley-Chaplin

Chairman

Tristan Price

Chief executive

Matthew Coulson

Finance director

 

 

Peel Hunt LLP (Nomad and joint broker)

+44 (0)20 7418 8900

Dan Webster

 

George Sellar

 

Andrew Clark

William Bell

 

 

 

finnCap (Joint broker)

+44 (0)20 7220 0500

Tim Redfern

 

Chris Raggett

 

 

 

Hudson Sandler (Financial PR)

+44 (0)20 7796 4133

Charlie Jack

 

Elfie Kent

 

 


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