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24 June 2026
Mpac Group plc
("Mpac" or the "Company")
Grant of Options
Director/PDMR Dealing
Mpac Group plc, the global packaging and automation solutions Group, announces that on 22 June 2026, it awarded a total of 152,021 options to subscribe for new Ordinary Shares of 25 pence each in the Company ("Ordinary Shares") under the Mpac Group plc Long Term Incentive Plan ("LTIP") to certain of the Company's Directors/PDMRs in the amounts set out below:
Director/PDMR | Performance-related Options | Restricted Stock Units |
Adam Holland, CEO
| 102,060 | 25,515 |
Duncan Tyler, Interim CFO (non-board) | 19,557 | 4,889 |
The Performance-related Options are exercisable at the nominal price of £0.25 and have vesting conditions tied to cumulative Earnings Per Share (EPS) and Return on Capital (ROCE). Each award will vest based on 50% of EPS performance and 50% of ROCE performance. Cumulative EPS must reach 85p over the performance period to vest in full. Vesting is nil if below 70p. The performance period in respect of Cumulative EPS is the period 1 January 2026 to 31 December 2028. The performance period for ROCE is the year ended 31 December 2028. ROCE for the year ended 31 December 2028 must reach 15% to vest in full. Vesting is nil if below 13%.
Restricted Stock Units are subject to the participant remaining an employee during the three-year vesting period ending 31 December 2028 and demonstrating performance and conduct satisfactory to the Remuneration Committee.
To the extent vested, the options will be subject to a two-year holding period following the vesting of the award. However, shares may be sold to cover any tax liability arising from exercise during the two-year holding period.
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.
Notification and public disclosure of a transaction by a person discharging managerial responsibilities ("PDMR").
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Adam Holland |
2 | Reason for the notification | |
a) | Position/status | Chief Executive Officer / PDMR |
b) | Initial notification/Amendment | Initial Notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Mpac Group plc |
b) | LEI | 213800J3KUDYLRHHU562 |
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 Identification code | Options over Ordinary Shares GB0005991111 |
b) | Nature of the transaction | Grant of options under the Mpac Group plc Long-Term Incentive Plan. |
c) | Price(s) and volume(s) | 102,060 performance-related options 25,515 restricted stock units |
d) | Aggregated information - Volume - Price - Total |
127,575 |
e) | Date of the transaction | 22 June 2026 |
f) | Place of the transaction | N/A |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Duncan Tyler |
2 | Reason for the notification | |
a) | Position/status | Interim Chief Financial Officer / PDMR |
b) | Initial notification/Amendment | Initial Notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Mpac Group plc |
b) | LEI | 213800J3KUDYLRHHU562 |
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 Identification code | Options over Ordinary Shares GB0005991111 |
b) | Nature of the transaction | Grant of options under the Mpac Group plc Long-Term Incentive Plan. |
c) | Price(s) and volume(s) | 19,557 performance-related options 4,889 restricted stock units
|
d) | Aggregated information - Volume - Price - Total |
24,446 |
e) | Date of the transaction | 22 June 2026 |
f) | Place of the transaction | N/A |
For further information please contact:
Mpac Group plc Adam Holland, Chief Executive Officer Duncan Tyler, Interim Chief Financial Officer |
Tel: +44 (0)24 7642 1100
|
Shore Capital (Nomad and Joint Broker) Advisory Patrick Castle Sophie Collins
Broking Henry Willcocks |
Tel: +44 (0)20 7408 4050 |
Panmure Liberum (Joint Broker) Edward Mansfield Will King Freddie Wooding
|
Tel: +44 (0)20 3100 2000 |
Tavistock Nick Dibden Katie Hopkins Grace Cooper |
Tel: +44 (0) 20 7920 3150
|
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