MACFARLANE GROUP PLC

Director's Dealing • May 19, 2022

National Storage Mechanism | Additional information

RNS Number : 0143M

Macfarlane Group PLC

19 May 2022

19 May 2022

Macfarlane Group PLC

Notification and public disclosure of transaction by PDMR

Macfarlane Group PLC (LON: MACF) announces that on 17 May 2022 the following persons discharging managerial responsibilities ('PDMRs') acquired ordinary shares of 25 pence each in the Company for nil consideration upon the maturity of 17 May 2019 awards under the Company's 2016 Performance Share Plan ("PSP") as summarised below together with details of the subsequent sales on 18 May 2022 automatically arranged on their behalf in accordance with the terms of the PSP to satisfy related tax and national insurance liabilities:

PDMR	Number of shares acquired for nil cost (including those added for in respect of dividend equivalent)	Number of shares sold to satisfy income tax and national insurance	Number of shares retained post sale
Peter Atkinson	349,517	168,642	180,875
Ivor Gray	60,630	29,860	30,770

In accordance with the terms of the awards the number of shares retained post sale are subject to a two year holding period.

The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1.  Peter Atkinson

2.  Ivor Gray

2

Reason for Notification

a)

Position/status

1. Chief Executive

2. Group Finance Director

b)

Initial notification/Amendment

Initial Announcement

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

Identification code

Ordinary shares of 25 pence each in Macfarlane Group plc

GB0005518872

b)

Nature of the transaction

Settlement of conditional award under the Company acquired for nil consideration.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1.   Nil 2.   Nil	1.        349,517 ordinary shares 2.        60,630 ordinary shares

d)

Aggregated information

-  Aggregated volume

-  Price

Not applicable - single transactions

Nil

e)

Date of the transaction

17 May 2022

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1.  Peter Atkinson

2.  Ivor Gray

2

Reason for Notification

a)

Position/status

1. Chief Executive

2. Group Finance Director

b)

Initial notification/Amendment

Initial Announcement

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

Identification code

Ordinary shares of 25 pence each in Macfarlane Group plc

GB0005518872

b)

Nature of the transaction

Disposals arranged by the Company's employee benefit trust to cover income tax and national insurance liabilities

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1.   1.17625    2.           2.    .    1.17625	1.        168,642 2.        29,860

d)

Aggregated information

-  Aggregated volume

-  Price

Not applicable - single transactions

e)

Date of the transaction

18 May 2022

f)

Place of the transaction

London Stock Exchange (XLON)

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:

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

o  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 1,000 people at 37 sites, principally in the UK, as well as in Germany, 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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