Source - LSE Regulatory
RNS Number : 2601I
M. P. Evans Group PLC
10 December 2020
 

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 transactions

 

 

PDMR transactions

 

The Company has been notified of the exercise of share options today under the M.P. Evans Group PLC Long Term Incentive Scheme by Mr TRJ Price and Mr MH Coulson directors of the Company.  Mr TRJ Price exercised his share options over 16,347 shares of 10p each in the capital of the Company ("Shares") granted at nil cost per Share and due to expire on 2 April 2027. Mr MH Coulson exercised his share options over 8,333 Shares granted at nil cost per Share and due to expire on 2 April 2027. These awards were satisfied out of shares held by the Trustee of the M.P. Evans Group 2018 Employees' Benefit Trust.

 

Simultaneously, Mr TRJ Price sold 7,847 Shares at 650p per Share in order to fund the tax and national insurance liabilities resulting from the exercise of the share options. In addition, Mr TRJ Price transferred the remaining 8,500 Shares to Mrs JA Price, Mr TRJ Price's wife.

 

Mr MH Coulson sold 3,933 Shares at 650p per Share in order to fund the tax and national insurance liabilities resulting from the exercise of the share options. In addition, Mr MH Coulson transferred the remaining 4,400 Shares to Mrs N Coulson, Mr MH Coulson's wife.

 

 

 

 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

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 10 pence per share in M.P.Evans Group PLC ("Shares").

 

Identification code: ISIN GB007538100

 

b)

Nature of the transaction

Exercise of options over Shares

Sale of Shares

Transfer of Shares

 

c)

Price(s) and volume(s)

 

 

Exercise of share options over Shares:

Price(s)             Nil

Volume(s)         16,347

 

Sale of Shares:

Price(s)             650p

Volume(s)         7,847

 

Transfer of Ordinary Shares:

Price(s)             Nil

Volume(s)         8,500

 

d)

Aggregated information   

 

N/A

 

e)

Date of transaction

10 December 2020

 

f)

Place of transaction

London Stock Exchange (XLON); AIM

 

 

 

 

 

 1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matthew Harrison 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 10 pence per share in M.P.Evans Group PLC ("Shares").

 

Identification code: ISIN GB007538100

 

b)

Nature of the transaction

Exercise of options over Shares

Sale of Shares

Transfer of Shares

 

c)

Price(s) and volume(s)

 

 

Exercise of share options over Shares:

Price(s)             Nil

Volume(s)         8,333

 

Sale of Shares:

Price(s)             650p

Volume(s)         3,933

 

Transfer of Ordinary Shares:

Price(s)             Nil

Volume(s)         4,400

 

d)

Aggregated information   

 

N/A

 

e)

Date of transaction

10 December 2020

 

f)

Place of transaction

London Stock Exchange (XLON); AIM

 

 

10 December 2020

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




finnCap (Joint broker)

+44 (0)20 7220 0500

Tim Redfern


Chris Raggett


Sunila de Silva




Hudson Sandler (Financial PR)

+44 (0)20 7796 4133

Charlie Jack


Elfie Kent


Francis Kerrigan


 

 

 

 

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