Business
Director/PDMR Dealing
Director/PDMR Dealing.
About this update from Mpac Group Plc
[{"type":"text","content":"\n\n2 May 2025\n \nMpac Group plc\n(\"Mpac\" or the \"Company\")\n \nDirector/PDMR Dealing\n \nMpac Group plc, the global packaging and automation solutions Group, announces that it has been informed that today Adam Holland, Chief Executive Officer, was awarded 6,548 ordinary shares of 25 pence each (\"Ordinary Shares\") and William Wilkins, Group Finance Director, was awarded 5,238 Ordinary Shares at a price of 408 pence per Ordinary Share. The Company's Employee Benefit Trust purchased shares from the market to satisfy these awards.\nThe Remuneration Committee and the Board undertook a review of the incentives provided to the Executive Directors and observed that, especially at the commencement of their tenure, there was limited alignment between the interests of the shareholders and the Executive Directors. In addition, the Remuneration Committee determined that the overall incentive outcome did not adequately reflect the transformation of the Group in 2024. For these reasons, the Remuneration Committee, with the agreement of the Board, recommended that the awards be made.\n \nThese shares will be required to be held for a period of two years.\n \nMr Holland's shareholding following this transaction is 24,228 Ordinary Shares, representing c.0.08% of the Company's issued share capital.\n \nMr Wilkins's shareholding following this transaction is 96,432 Ordinary Shares, representing c.0.32% of the Company's issued share capital.\n \nThe notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.\n \nNotification and public disclosure of a transaction by a person discharging managerial responsibilities (\"PDMR\").\n \n\n\n\n\n1\n\n\nDetails of the person discharging managerial responsibilities/person closely associated\n\n\n\n\na)\n\n\nName\n\n\nAdam Holland\n\n\n\n\n2\n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition/status\n\n\nChief Executive Officer / PDMR\n\n\n\n\nb)\n\n\nInitial notification/Amendment\n\n\nInitial Notification\n\n\n\n\n3\n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na)\n\n\nName\n\n\nMpac Group plc\n\n\n\n\nb)\n\n\nLEI\n\n\n213800J3KUDYLRHHU562\n\n\n\n\n4\n\n\nDetails of the transaction(s): section to ...