Source - LSE Regulatory
RNS Number : 5958J
M. P. Evans Group PLC
23 December 2020
 

M.P. EVANS GROUP PLC

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

 

GRANT OF SHARE OPTIONS

 

On 22 December 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 14,268 and 10,049 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 22 December 2023 and 21 December 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

14,268

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: N/A

Price: N/A

e)

Date of the transaction

22 December 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

10,049

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: N/A

Price: N/A

e)

Date of the transaction

22 December 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




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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