NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
M.P. Evans Group Plc
(the "Company" or "M.P. Evans")
PDMR transaction
and
Total Voting Rights
PDMR transaction
The Company has been notified of the exercise of share options today under the executive share-option scheme by Mr TRJ Price, a director of the Company. Mr TRJ Price exercised his share options over 75,000 ordinary shares of 10p each in the capital of the Company ("Ordinary Shares") granted at 385p per Ordinary Share and due to expire on 16 November 2017. Accordingly, the Company issued Mr TRJ Price 75,000 Ordinary Shares.
Simultaneously, Mr TRJ Price sold 57,000 Ordinary Shares at 742.5p per Ordinary Share in order to fund the exercise cost of the share options and the associated tax liabilities. In addition, Mr TRJ Price transferred the remaining 18,000 Ordinary Shares to Mrs JA Price, Mr TRJ Price's wife.
Total Voting Rights
Following the above transactions the Company has 55,137,992 Ordinary Shares in issue. All of the Ordinary Shares have equal voting rights and there are no Ordinary Shares held in Treasury.
The above figure of 55,137,992 represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Tristan Price |
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2 |
Reason for the notification
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a) |
Position/status
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Chief Executive Officer |
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b) |
Initial notification/Amendment
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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
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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
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Ordinary shares of 10 pence per share in M.P.Evans Group PLC ("Ordinary Shares").
Identification code: ISIN GB007538100
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b) |
Nature of the transaction |
Exercise of options over Ordinary Shares Sale of Ordinary Shares Transfer of Ordinary Shares
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c) |
Price(s) and volume(s)
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Exercise of share options over Ordinary Shares: Price(s) 385p (exercise price) Volume(s) 75,000
Sale of Ordinary Shares: Price(s) 742.5p Volume(s) 57,000
Transfer of Ordinary Shares: Price(s) Nil Volume(s) 18,000
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d) |
Aggregated information
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N/A
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e) |
Date of transaction |
22 September 2017
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f) |
Place of transaction |
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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)20 7418 8900
Dan Webster
Adrian Trimmings
George Sellar
Hudson Sandler Telephone: +44 (0)20 7796 4133
Charlie Jack
Bertie Berger