Mpac Group Plc Regulatory News (MPAC)

 1

Details of the person discharging managerial responsibilities / person closely associated 

a)

Name

Tony Steels - Chief Executive

2

Reason for the notification

a)

Position/status

See 1(a) above - Mr Steels classified as a PDMR of the Company

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

Name

Molins PLC

b)

LEI

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

Ordinary Shares of 25p each

b)

Identification code 

GB0005991111

c)

Nature of the transaction

Award of nil cost options over ordinary shares pursuant to the rules of the Company's annual management incentive bonus scheme.

For the award to vest, Mr Steels must remain in employment for three years from the award date. The rights in the shares are deferred, such that any dividends and other distributions attaching to the shares between the date of the award and the realisation date do not form part of the award. In exceptional circumstances and at the Company's discretion, the Company may make a cash payment of a sum equivalent to the value of the shares that would otherwise vest. 

d)

Price(s) and volume(s)

Volume(s):

Nil cost options over 113,800 ordinary shares

Price:

£nil

d)

Aggregated information 

- Aggregated volume

- Price

 N/A

e)

Date of the transactions 

8 June 2017

f)

Place of the transaction

Outside a trading venue