Last checked at 11 Mar 2022 15:41
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
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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")
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Identification code | N/A | |
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b)
| Nature of the transaction
| Share purchase
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c) | Price(s) and volume(s) | Volume: 7,915 Ordinary Shares Price: 125.59 pence per Ordinary Share |
d)
| Aggregated information |
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- Aggregated volume | N/A - single transaction | |
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- Price |
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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 |
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| Peter Atkinson Chief Executive |
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| Ivor Gray Finance Director |
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| 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:
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 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.