M.P. EVANS GROUP PLC
("Company" or "M.P. Evans")
GRANT OF SHARE OPTIONS
On 18 December 2024, 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 Matthew Coulson, the chief executive, and Mr Luke Shaw, the chief financial officer. They may subscribe for 19,376 and 12,986 shares of 10p each respectively in the Company at a nil cost exercise price. No additional performance criteria will attach to the deferred-bonus awards since the original bonuses are performance related. These options are exercisable at any time between 18 December 2027 and 17 December 2034.
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 (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 | 18 December 2024 | ||||||
| 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 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 | 18 December 2024 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
19 December 2024
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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