Source - LSE Regulatory
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") relating 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

 

8th March 2022

f)

 

Place of the transaction

London Stock Exchange

 

Further enquiries:

Macfarlane Group

Tel: 0141 333 9666

 

Stuart Paterson Chairman

 

 

Peter Atkinson Chief Executive

 

 

Ivor Gray Finance Director

 

 

 

 

 

Spreng Thomson

Tel: 0141 548 5191

 

Callum Spreng

Mob: 07803 970103

 

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:

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

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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END
 
 
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