MS International PLC Director/PDMR Shareholding (4104Q)

TIDMMSI

RNS Number : 4104Q

MS International PLC

17 October 2023

17 October 2023

MS INTERNATIONAL plc

(the "Company")

Director/PDMR Shareholding

Exercise of LTIP Options

The Company was informed on 16 October 2023 that, on the same day, Mr Michael Bell, Executive Chairman of the Company, exercised 50,000 options over ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") as part of the Company's LTIP performance plan. Following this exercise, Mr Bell's beneficial interest in Ordinary Shares has increased by 50,000 and now comprises 3,047,634 Ordinary Shares, representing approximately 18.7% of the Company's issued share capital (excluding shares held in treasury). The exercise of options is being satisfied by the transfer of existing Ordinary Shares which are held by the employee share option trust.

Transfer of Shares

Additionally, the Company was informed on 16 October 2023, that on the same day, Mr Michael Bell, Executive Chairman of the Company, transferred 13,530 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") from his personal holding into an ISA. Mr Bell also transferred 17,026 Ordinary Shares from his personal holding into his SIPP (together the "Transfers"). The Transfers were effected by the sale of 30,556 Ordinary Shares at 700 pence each followed by the repurchase of 13,530 Ordinary Shares at 700.3 pence each into his ISA and the repurchase of 17,026 Ordinary Shares at 700.15 pence each into his SIPP.

Following the Transfers, there is no change to Mr Bell's beneficial holding, and his interest in the Company remains at 3,047,634 Ordinary Shares, representing approximately 18.7% of the Company's issued share capital (excluding shares held in treasury).

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail .

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                          Mr Michael Bell 
     ----------------------------  ------------------------------------- 
      Reason for the notification 
  2 
     ------------------------------------------------------------------- 
 a)   Position/status               Executive Chairman 
     ----------------------------  ------------------------------------- 
 b)   Initial notification          Initial notification 
       /Amendment 
     ----------------------------  ------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                          MS INTERNATIONAL plc 
     ----------------------------  ------------------------------------- 
 b)   LEI                           213800Q34ZAXQ582YL41 
     ----------------------------  ------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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            LTIP options over Ordinary Shares 
       financial instrument, 
       type of instrument            ISIN: GB0005957005 
 
       Identification code 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction                Exercise of LTIP options 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)         Price    Volume 
                                      nil      50,000 
                                              ------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume            Aggregated volume: N/A 
 
       - Price                        Aggregated price: N/A 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       16 October 2023 
     ----------------------------  ------------------------------------- 
 f)   Place of the transaction           Off market transaction 
     ----------------------------  ------------------------------------- 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        Mr Michael Bell 
     --------------------------  ------------------------------------------ 
      Reason for the notification 
  2 
     ---------------------------------------------------------------------- 
 a)   Position/status             Executive Chairman 
     --------------------------  ------------------------------------------ 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------------ 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------- 
 a)   Name                        MS INTERNATIONAL plc 
     --------------------------  ------------------------------------------ 
 b)   LEI                         213800Q34ZAXQ582YL41 
     --------------------------  ------------------------------------------ 
      Details of the transaction(s): section to be repeated 
  4    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          Ordinary shares of 10 pence each 
       financial instrument, 
       type of instrument 
                                   ISIN: GB0005957005 
       Identification code 
     --------------------------  ------------------------------------------ 
 b)   Nature of the transaction        1. Sale of Ordinary Shares out of 
                                        Mr Bell's personal holding 
                                        2. Purchase of Ordinary Shares into 
                                        Mr Bell's ISA 
                                        3. Purchase of Ordinary Shares into 
                                        Mr Bell's SIPP 
     --------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)       Price             Volume 
                                         1. 700p      30,556 
                                                     ------- 
                                         2. 700.3p    13,530 
                                                     ------- 
                                         3. 700.15p   17,026 
                                                     ------- 
     --------------------------  ------------------------------------------ 
 d)   Aggregated information 
 
       - Aggregated volume          Aggregated volume: N/A 
 
       - Price                      Aggregated price: N/A 
     --------------------------  ------------------------------------------ 
 e)   Date of the transaction     16 October 2023 
     --------------------------  ------------------------------------------ 
 f)   Place of the transaction    London Stock Exchange, AIM Market 
                                   (XLON) 
     --------------------------  ------------------------------------------ 
 

For further information please contact:

MS INTERNATIONAL plc Tel : [phone]

Michael Bell

Shore Capital

Nomad and Broker Tel: [phone]

Patrick Castle/Daniel Bush/Lucy Bowden

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October 17, 2023 06:48 ET (10:48 GMT)