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Share Name Share Symbol Market Type Share ISIN Share Description
Mpac Group Plc LSE:MPAC London Ordinary Share GB0005991111 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -10.00 -2.78% 350.00 345.00 355.00 365.00 350.00 365.00 29,995 16:06:40
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 88.8 5.4 29.7 11.8 71

Mpac Group PLC Director/PDMR Dealing

10/09/2020 3:37pm

UK Regulatory (RNS & others)


Mpac (LSE:MPAC)
Historical Stock Chart


From Aug 2020 to Oct 2020

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TIDMMPAC

RNS Number : 6634Y

Mpac Group PLC

10 September 2020

10 September 2020

Mpac Group plc

("Mpac" or the "Company")

Director/PDMR 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 - Chief Executive 
     -----------------------------------------  ---------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------- 
 a)   Position/status                            See 1(a) above - Dr Steels is 
                                                  classified as a PDMR of the Company 
     -----------------------------------------  ---------------------------------------------------- 
 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               Ordinary Shares of 25p each ("Ordinary 
       instrument, type of instrument             Shares") 
       Identification code                        GB0005991111 
     -----------------------------------------  ---------------------------------------------------- 
 b)   Nature of the transaction                  Transfer of Ordinary shares to 
                                                  Dr Steels by the Mpac Group plc 
                                                  Employee Trust ("Trust") upon 
                                                  exercise of a conditional grant 
                                                  over Ordinary Shares awarded 
                                                  on 8 June 2017 under the Mpac 
                                                  Group plc Deferred Share Plan. 
                                                  Subsequent sale by Dr Steels 
                                                  of Ordinary Shares back to the 
                                                  Trust 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): 113,800 Ordinary Shares 
                                                       Price: GBPnil 
                                                       (b) In respect of the sale by 
                                                       Dr Steels: 
                                                       Volume(s): 53,486 Ordinary Shares 
                                                       Price: 280.0 pence per Ordinary 
                                                       Share 
     -----------------------------------------  ---------------------------------------------------- 
 d)        Aggregated information                N/A 
             *    Volume 
 
 
 
             *    Price 
 
 
 
             *    Total 
     -----------------------------------------  ---------------------------------------------------- 
 e)   Date of the transaction                    9 September 2020 
     -----------------------------------------  ---------------------------------------------------- 
 f)   Place of the transaction                   Outside a trading venue 
     -----------------------------------------  ---------------------------------------------------- 
 

Dr Steels shareholding following this transaction is now 78,964 Ordinary Shares, representing 0.39% of the Company's issued share capital.

For further information, please contact:

Mpac Group plc Tel: +44 (0) 2476 421100

Duncan Tyler, Company Secretary

Shore Capital (Nominated Advisor & Broker) Tel: +44 (0)20 7468 7923

Patrick Castle

Edward Mansfield

Sarah Mather

Hudson Sandler Tel: +44 (0) 20 7796 4133

Nick Lyon

Nick Moore

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END

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(END) Dow Jones Newswires

September 10, 2020 10:37 ET (14:37 GMT)

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