TIDMMPE

RNS Number : 7747B

M. P. Evans Group PLC

12 January 2018

M.P. EVANS GROUP PLC

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

GRANT OF SHARE OPTIONS

On 12 January 2018, 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 12,059 and 8,331 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 12 January 2021 and 11 January 2028.

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                             1. Tristan Price, Chief 
                                      Executive 
                                      2. Matthew Coulson, 
                                      Finance Director 
    -------------------------------  --------------------------- 
2   Reason for the notification 
    ------------------------------------------------------------ 
a)  Position/status                  PDMRs of the Company 
    -------------------------------  --------------------------- 
b)  Initial notification             Initial notification 
     /Amendment 
    -------------------------------  --------------------------- 
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     Shares of 10p per share 
     instrument, type of instrument   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)           Exercise Prices  Volumes 
                                       per share 
                                      1. Nil Cost      1. 12,059 
                                       Options 
                                       2. Nil Cost      2. 8,331 
                                        Options 
    -------------------------------  --------------------------- 
d)  Aggregated information           Aggregated volume: 
     - Aggregated volume              Price: Nil cost options 
     - Price 
    -------------------------------  --------------------------- 
e)  Date of the transaction          12 January 2018 
    -------------------------------  --------------------------- 
f)  Place of the transaction         Outside a trading venue 
    -------------------------------  ---------------------------

Enquiries:

M.P. Evans Group PLC Telephone: +44(0)1892 516333

Peter Hadsley-Chaplin, chairman

Tristan Price, chief executive

Matthew Coulson, finance director

Peel Hunt LLP Telephone: +44 (0)207418 8900

Dan Webster

Adrian Trimmings

George Sellar

Hudson Sandler Telephone: +44 (0)207 796 4133

Charlie Jack

Bertie Berger

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 12, 2018 08:23 ET (13:23 GMT)

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