M.P. EVANS GROUP PLC
("Company" or "M.P. Evans")
GRANT OF SHARE OPTIONS
On 12 December 2023, 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 22,256 and 6,215 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 12 December 2026 and 11 December 2033.
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
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1 |
Details of the persons discharging managerial responsibilities / person closely associated |
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a) |
Name |
Matthew Coulson |
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2 |
Reason for the notification |
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a) |
Position/status |
chief executive |
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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: N/A Price: N/A |
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e) |
Date of the transaction |
12 December 2023 |
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f) |
Place of the transaction |
Outside a trading venue |
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1 |
Details of the persons discharging managerial responsibilities / person closely associated |
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a) |
Name |
Luke Shaw |
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2 |
Reason for the notification |
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a) |
Position/status |
chief financial officer |
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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: N/A Price: N/A |
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e) |
Date of the transaction |
12 December 2023 |
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f) |
Place of the transaction |
Outside a trading venue |
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Enquiries:
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M.P. Evans Group PLC |
Telephone: +44 (0) 1892 516333 |
Peter Hadsley-Chaplin, chairman
Matthew Coulson, chief executive
Luke Shaw, chief financial officer
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Peel Hunt LLP (Nomad and joint broker) |
Telephone: +44 (0) 20 7418 8900 |
Adrian Trimmings, Andrew Clark, Lalit Bose
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Cavendish Capital Markets (Joint broker) |
Telephone: +44 (0) 20 7220 0500 |
Tim Redfern, Harriet Ward
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Hudson Sandler |
Telephone: +44 (0) 20 7796 4133 |
Charlie Jack, Charlotte Cobb, Francis Kerrigan