Directors/PDMRs Dealing

RNS Number : 1318N

Mpac Group PLC

27 May 2022

 

27 May 2022

Mpac Group plc

("Mpac" or the "Company")

Directors/PDMRs Dealing

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Tony Steels
2	Reason for the notification
a)	Position/status	Chief Executive / PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mpac Group plc
b)	LEI	213800J3KUDYLRHHU562
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 Identification code	Ordinary Shares of 25p each ("Ordinary Shares") GB0005991111
b)	Nature of the transaction	Transfer of Ordinary shares to Dr Steels by the Mpac Group plc Employee Trust ("Trust") upon the exercise of options under the Mpac Group plc Long-Term Share Incentive Plan granted on 12 June 2019. Subsequent sale by Dr Steels of Ordinary Shares to cover the tax liability arising on exercise.
c)	Price(s) and volume(s)	(a)  In respect of the transfer to Dr Steels: Volume(s): 192,752 Ordinary Shares Price: £nil (b)  In respect of the sale by Dr Steels: Volume(s): 93,237 Ordinary Shares Price: 394.0 pence per Ordinary Share
d)	Aggregated information -  Volume  -  Price -  Total	N/A
e)	Date of the transaction	26 May 2022
f)	Place of the transaction	XLON

Dr Steels shareholding following this transaction is now 227,973 Ordinary Shares, representing 1.12% of the Company's issued share capital.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	William Wilkins
2	Reason for the notification
a)	Position/status	Group Finance Director / PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mpac Group plc
b)	LEI	213800J3KUDYLRHHU562
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 Identification code	Ordinary Shares of 25p each ("Ordinary Shares") GB0005991111
b)	Nature of the transaction	Transfer of Ordinary shares to Mr Wilkins by the Mpac Group plc Employee Trust ("Trust") upon the exercise of options under the Mpac Group plc Long-Term Share Incentive Plan granted on 12 June 2019. Subsequent sale by Mr Wilkins of Ordinary Shares to cover the tax liability arising on exercise.
c)	Price(s) and volume(s)	(c)  In respect of the transfer to Mr Wilkins: Volume(s): 110,144 Ordinary Shares Price: £nil (d)  In respect of the sale by Mr Wilkins: Volume(s): 53,278 Ordinary Shares Price: 394.0 pence per Ordinary Share
d)	Aggregated information -  Volume  -  Price -  Total	N/A
e)	Date of the transaction	26 May 2022
f)	Place of the transaction	XLON

Mr Wilkins shareholding following this transaction is now 81,381 Ordinary Shares, representing 0.40% of the Company's issued share capital.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Michael van Frederici
2	Reason for the notification
a)	Position/status	Global Supply Director / PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mpac Group plc
b)	LEI	213800J3KUDYLRHHU562
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 Identification code	Ordinary Shares of 25p each ("Ordinary Shares") GB0005991111
b)	Nature of the transaction	Transfer of Ordinary shares to Mr van Frederici by the Mpac Group plc Employee Trust ("Trust") upon the exercise of options under the Mpac Group plc Long-Term Share Incentive Plan granted on 12 June 2019. Subsequent sale by Mr van Frederici of Ordinary Shares to cover the tax liability arising on exercise.
c)	Price(s) and volume(s)	(e)  In respect of the transfer to Mr van Frederici: Volume(s): 82,608 Ordinary Shares Price: £nil (f)  In respect of the sale by Mr van Frederici: Volume(s): 40,994 Ordinary Shares Price: 394.0 pence per Ordinary Share
d)	Aggregated information -  Volume  -  Price -  Total	N/A
e)	Date of the transaction	26 May 2022
f)	Place of the transaction	XLON

Mr van Frederici's shareholding following this transaction is now 41,614 Ordinary Shares, representing 0.20% of the Company's issued share capital.

For further information, please contact:

Mpac Group plc Tony Steels, Chief Executive Will Wilkins, Group Finance Director	Tel: [phone]
Shore Capital (Nominated Adviser & Broker) Advisory Patrick Castle Iain Sexton Broking Henry Willcocks	Tel: [phone]
Hudson Sandler Nick Lyon / Nick Moore	Tel: [phone]

 

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