11 Jan 2019 11:49
M.P. EVANS GROUP PLC
("Company" or "M.P. Evans")
GRANT OF SHARE OPTIONS
On 11 January 2019, in line with its policy of deferring half the executive annual bonus into nil-cost share options, the Company granted an option under the M.P. Evans Group PLC Long Term Incentive Scheme to each of Mr Tristan Price, the Chief Executive, and Mr Matthew Coulson, the Finance Director. They may subscribe, respectively, for 8,272 and 5,826 shares of 10p each in the Company at a nil cost exercise price. No additional performance criteria will attach to the deferred-bonus awards since the original bonus is performance related. These options are exercisable at any time between 11 January 2022 and 10 January 2029.
The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.
1 | Details of the persons discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Tristan Price | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Chief Executive | ||||||
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 10p per share in the capital of M.P. Evans Group PLC (10p shares) | ||||||
Identification code | ISIN: GB0007538100 | |||||||
b) | Nature of the transaction | Grant of options over 10p shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: N/A Price: N/A | ||||||
e) | Date of the transaction | 11 January 2019 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
1 | Details of the persons discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Matthew Coulson | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Finance 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 10p per share in the capital of M.P. Evans Group PLC (10p shares) | ||||||
Identification code | ISIN: GB0007538100 | |||||||
b) | Nature of the transaction | Grant of options over 10p shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: N/A Price: N/A | ||||||
e) | Date of the transaction | 11 January 2019 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
Enquiries:
M.P. Evans Group PLC | +44 (0)1892 516333 |
Peter Hadsley-Chaplin | Chairman |
Tristan Price | Chief executive |
Matthew Coulson | Finance director |
Peel Hunt LLP (Nomad and joint broker) | +44 (0)20 7418 8900 |
Dan Webster | |
George Sellar | |
Guy Pengelley | |
finnCap (Joint broker) | +44 (0)20 7220 0500 |
Tim Redfern | |
Chris Raggett | |
Hudson Sandler (Financial PR) | +44 (0)20 7796 4133 |
Charlie Jack | |
Bertie Berger | |
Elfie Kent |
M P Evans (MPE)