TIDMMPE

RNS Number : 8202Y

M. P. Evans Group PLC

05 January 2024

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

On 4 January 2024, the Company granted nil-cost options under the M.P. Evans Group PLC Long Term Incentive Scheme (each an "Option" or collectively "Options"), respectively to Mr Matthew Coulson, the chief executive, over 18,000 shares of 10p each in the Company and to Mr Luke Shaw, the chief financial officer, over 12,000 shares of 10p each in the Company.

In each case the Option will normally vest and become exercisable on 4 January 2027, subject to continued employment. The Option is 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 4 January 2029.

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     Shares of 10p per share in 
     instrument, type of instrument   the capital of M.P. Evans Group 
                                      PLC (10p shares) 
    Identification code              ISIN: GB0007538100 
b)  Nature of the transaction        Grant of an Option over 10p 
                                      shares 
c)  Price(s) and volume(s)           Exercise Prices   Volumes 
                                       per share 
                                      Nil Cost Option   18,000 
d)  Aggregated information           Aggregated volume: N/A 
     - Aggregated volume              Price: N/A 
     - Price 
e)  Date of the transaction          4 January 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     Shares of 10p per share in 
     instrument, type of instrument   the capital of M.P. Evans Group 
                                      PLC (10p shares) 
    Identification code              ISIN: GB0007538100 
b)  Nature of the transaction        Grant of an Option over 10p 
                                      shares 
c)  Price(s) and volume(s)           Exercise Prices   Volumes 
                                       per share 
                                      Nil Cost Option   12,000 
d)  Aggregated information           Aggregated volume: N/A 
     - Aggregated volume              Price: N/A 
     - Price 
e)  Date of the transaction          4 January 2024 
f)  Place of the transaction         Outside a trading venue

Enquiries:

 
 M.P. Evans Group PLC                     +44 (0)1892 516333 
 Peter Hadsley-Chaplin                    Executive chairman 
 Matthew Coulson                          Chief executive 
  Luke Shaw                                Chief financial officer 
 
 Peel Hunt LLP (Nomad and joint 
  broker)                                 +44 (0)20 7418 8900 
 Adrian Trimmings, Andrew Clark, 
  Lalit Bose 
 
 Cavendish (Joint broker)                 +44 (0)20 7220 0500 
 Tim Redfern, Harriet Ward 
 
 Hudson Sandler (Financial PR)            +44 (0)20 7796 4133 
 Charlie Jack, Charlotte Cobb, Francis 
  Kerrigan

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