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Pin to quick picksM P Evans Regulatory News (MPE)

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Director/PDMR Shareholding

20 Jan 2025 15:05

RNS Number : 0031U
M. P. Evans Group PLC
20 January 2025
 

 

M.P. Evans Group Plc

(the "Company" or "M.P. Evans")

 

Director/PDMR Shareholding

 

 

The Company has today been notified of the exercise of share options under the M.P. Evans Group PLC Long Term Incentive Scheme by K. Chandra Sekaran, a director of the Company. K. Chandra Sekaran exercised share options over 3,000 shares of 10p each in the capital of the Company ("Shares"), granted at nil cost per Share and were due to expire on 6 January 2032.

 

As a result of this exercise of options, K. Chandra Sekaran is now beneficially interested in 162,331 Shares, representing approximately 0.31% of the Company's issued ordinary share capital.

 

This award was satisfied out of Shares held by the Trustee of the M.P. Evans Group 2018 Employees' Benefit Trust. Therefore, the total number of Shares with voting rights in the Company remains at 52,176,292. This figure 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 Group under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

The notification below, provided in accordance with the requirements of the UK Market Abuse Regulation, provides further details.

 

 

 1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

K. Chandra Sekaran

 

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

 

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

Exercise of options over Shares

 

c)

Price(s) and volume(s)

 

Price(s) Nil

Volume(s) 3,000

 

 

d)

Aggregated information

 

N/A

 

e)

Date of transaction

20 January 2025

 

f)

Place of transaction

Outside a trading venue

 

 

 

Enquiries:

 

M.P. Evans Group PLC

Tel: +44 (0)1892 516333

Peter Hadsley-Chaplin - Non-executive chairman

Matthew Coulson - Chief executive

Luke Shaw - Chief financial officer

Cavendish Capital Markets Limited (Nomad and broker)

Tel: +44 (0)20 7220 0500

Matt Goode, George Lawson, Rory Sale - Corporate finance

Tim Redfern, Harriet Ward - Equity capital markets

Hudson Sandler (Financial PR)

Tel: +44 (0)20 7796 4133

Charlie Jack, Francis Kerrigan, Francesca Rosser

 

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