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.
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1 |
Details of the persons discharging managerial responsibilities / person closely associated |
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a) |
Name |
1. Tristan Price, Chief Executive 2. Matthew Coulson, Finance Director |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMRs of the Company |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
M.P. Evans Group plc |
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b) |
LEI |
2138003IBXJUCR4SZG26 |
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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 |
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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) |
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Identification code |
ISIN: GB0007538100 |
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b) |
Nature of the transaction |
Grant of options over 10p shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: Price: Nil cost options |
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e) |
Date of the transaction |
12 January 2018 |
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f) |
Place of the transaction |
Outside a trading venue |
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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