M. P. Evans Group PLC Director/PDMR Shareholding
02 January 2025 - 10:31PM
RNS Regulatory News
RNS Number : 9419R
M. P. Evans Group PLC
02 January 2025
M.P. EVANS GROUP PLC
("Company" or "M.P.
Evans")
NOTIFICATION AND PUBLIC DISCLOSURE OF
TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND
PERSONS CLOSELY ASSOCIATED WITH THEM
GRANT OF SHARE OPTIONS
M.P. Evans Group PLC, a producer of sustainable
Indonesian palm oil, announces that on 2 January it granted
nil-cost options under the M.P. Evans Group PLC Long Term Incentive
Scheme respectively to Mr Matthew Coulson, the chief executive,
over 18,000 shares of 10p each in the Company ("Shares") and
to Mr Luke Shaw, the chief financial officer, over 12,000 Shares
(the "Options").
In each case the Options will normally vest and
become exercisable on 2 January 2028, subject to continued
employment. The Options are also in each case subject to
satisfaction of an 'underpin condition' linked to the general
financial performance of the Company and adherence to the Company's
core strategic pillars (Responsibility, Excellence, Growth, and
Yield).
Any Shares resulting from exercise of these
Options (after any sales to fund tax liabilities) will also be
subject to a two-year holding period ending 2 January
2030.
The information set out below is provided in
accordance with the requirements of Article 19(3) of Regulation
(EU) No. 596/2014 of the European Parliament and of the Council of
16 April 2014 on market abuse, as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018, as amended
("UK MAR").
|
1
|
Details of the persons discharging
managerial responsibilities / person closely associated
|
|
a)
|
Name
|
Matthew Coulson
|
|
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 (Shares)
|
|
Identification code
|
ISIN: GB0007538100
|
|
b)
|
Nature of the transaction
|
Grant of Options over
Shares
|
|
c)
|
Price(s) and volume(s)
|
|
Exercise Prices per share
|
Volumes
|
|
|
Nil Cost Option
|
18,000
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Aggregated volume: N/A
Price: N/A
|
|
e)
|
Date of the transaction
|
2 January 2025
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1
|
Details of the persons discharging
managerial responsibilities / person closely associated
|
|
a)
|
Name
|
Luke Shaw
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
Chief financial officer
|
|
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
Shares
|
|
c)
|
Price(s) and volume(s)
|
|
Exercise Prices per share
|
Volumes
|
|
|
Nil Cost Option
|
12,000
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Aggregated volume: N/A
Price: N/A
|
|
e)
|
Date of the transaction
|
2 January 2025
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
Enquiries:
|
M.P. Evans
Group PLC
|
Tel: +44
(0)1892 516333
|
|
Peter Hadsley-Chaplin - 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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