Last checked at 25 Apr 2022 07:00
M.P. EVANS GROUP PLC
NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
M.P. Evans Group Plc
(the "Company" or "M.P. Evans")
PDMR transaction
and
Total Voting Rights
PDMR transaction
The Company has been notified of the exercise of share options under the M.P. Evans Group PLC 2012 Unapproved Executive Share Option Plan by K.Chandra Sekaran, a director of the Company. K.Chandra Sekaran exercised his share options over 30,000 shares of 10p each in the capital of the Company ("Shares") granted at 483.21 per Share and due to expire on 19 June 2022.
Admission of the 30,000 new Shares has been satisfied via the block listing for the 2012 Executive Share Option Scheme (unapproved).
Simultaneously, K. Chandra Sekaran sold 14,000 Shares at 1061 pence per Share in order to fund the cost of exercise of the share options.
Total Voting Rights
Following the above transactions the Company has 54,726,253 Shares in issue. All of the Shares have equal voting rights and there are no Shares held in Treasury.
The above figure of 54,726,253 represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | K. Chandra Sekaran | |
2 | Reason for the notification
| ||
a) | Position/status
| 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
| 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 10 pence per share in M.P.Evans Group PLC ("Shares").
Identification code: ISIN GB007538100
| |
b) | Nature of the transaction | (i) Exercise of options over Shares (ii) Sale of Shares
| |
c) | Price(s) and volume(s)
| (i) Exercise of share options over Shares: Price(s) 483.21 Volume(s) 30,000
(ii) Sale of Shares: Price(s) 1061p Volume(s) 14,000
| |
d) | Aggregated information
| N/A
| |
e) | Date of transaction | 22 April 2022 | |
f) | Place of transaction | (i)Outside trading venue
| |
25 April 2022
Enquiries:
M.P. Evans Group PLC | Telephone: 01892 516333 |
Peter Hadsley-Chaplin - chairman | |
Matthew Coulson - chief executive | |
Peel Hunt LLP (Nomad and joint broker) | Telephone: 020 7418 8900 |
Dan Webster | |
Andrew Clark | |
Lalit Bose | |
finnCap (Joint broker) | Telephone: 020 7220 0500 |
Tim Redfern | |
Harriet Ward | |
Hudson Sandler (Financial PR) | Telephone: 020 7796 4133 |
Charlie Jack | |
Elfie Kent |