Director/PDMR Shareholding

RNS Number : 2082H
Macfarlane Group PLC
05 April 2022
 

Macfarlane Group PLC

("Macfarlane" or the "Company")

Director/PDMR Shareholding

On 4th April 2022 Aleen Gulvanessian (Non-Executive Director) purchased 7,638 ordinary shares of 25p in Macfarlane at a price of 130.14 pence per Ordinary Share.

The Company makes the following disclosures in accordance with Article 19 of the Market Abuse Regulation ("MAR") r elating to certain transactions by persons discharging managerial responsibilities ("PDMR") in the shares of the Company :

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Aleen Gulvanessian

2

 

Reason for the notification

 

a)

Position/status

Non-Executive Director

b)

 

Initial notification /Amendment

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Macfarlane Group PLC

b)

LEI

213800LVRYDERSJAAZ73

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

Purchase of ordinary shares of 25p each ("Ordinary Shares")

 

 

 

Identification code

N/A

 

 

b)

 

Nature of the transaction

 

Share purchase

 

c)

Price(s) and volume(s)

Volume: 7,638 Ordinary Shares

Price: 130.14 pence per Ordinary Share

d)

 

Aggregated information

 

 

 

- Aggregated volume

N/A - single transaction

 

 

- Price

 

 

 

e)

 

Date of the transaction

 

4 th  April 2022

f)

 

Place of the transaction

London Stock Exchange

 

Further enquiries:

Macfarlane Group

Tel: 0141 333 9666

 

Stuart Paterson Chairman

 

 

Peter Atkinson Chief Executive

 

 

Ivor Gray Finance Director

 

 

 

 

 

Spreng Thomson

Tel: 0141 548 5191

 

Callum Spreng

Mob: 07803 970103

 

Notes to Editors:

· Macfarlane Group PLC has been listed on the Premium segment of the Main Market of the London Stock Exchange (LSE: MACF) since 1973 with over 70 years' experience in the UK packaging industry.

· Through its two divisions Macfarlane Group services a broad range of business customers, supplying them high quality protective packaging which help customers reduce supply chain costs, improve their operational efficiencies and enhance their brand presentation. The divisions are:

Packaging Distribution   Macfarlane Packaging Distribution is the leading UK distributor of a comprehensive range of protective packaging products; and

Manufacturing Operations - Macfarlane Design and Manufacture   who design and produce protective packaging for high value and fragile products.

· Headquartered in Glasgow, Scotland, Macfarlane Group employs over 900 people at 36 sites, principally in the UK, as well as in Ireland and the Netherlands.

· Macfarlane Group supplies more than 20,000 customers principally in the UK and Europe.

· In partnership with 1,700 suppliers, Macfarlane Group distributes and manufactures 600,000+ lines across a wide range of sectors, including: retail e-commerce; consumer goods; food; logistics; mail order; electronics; defence, automotive and aerospace.

 

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