MACFARLANE GROUP PLC

Director's Dealing • Sep 6, 2023

National Storage Mechanism | Additional information

RNS Number : 5978L

Macfarlane Group PLC

06 September 2023

Macfarlane Group PLC

06 September 2023

Macfarlane Group PLC

Notification and public disclosure of transaction by PDMRs

Macfarlane Group PLC (LON: MACF) announces that on 4th September 2023 the following persons discharging managerial responsibilities ('PDMRs') acquired ordinary shares of 25 pence each in the Company for nil consideration upon the maturity of 2nd September 2020 awards under the Company's 2016 Performance Share Plan ("PSP"), as summarised below, together with details of the subsequent sale of ordinary shares on 5th September 2023 automatically arranged on their behalf in accordance with the terms of the PSP to satisfy related income 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	428,794	192,357	236,437
Ivor Gray	135,167	65,011	70,156

In accordance with the terms of the PSP, the number of ordinary 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 PSP acquired for nil consideration.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1.   Nil 2.   Nil	428,794 ordinary shares 135,167 ordinary shares

d)

Aggregated information

-  Aggregated volume

-  Price

Not applicable - single transactions

Nil

e)

Date of the transaction

04 September 2023

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.   109.55 pence 2.   109.55 pence	192,357 ordinary shares 65,011 ordinary shares

d)

Aggregated information

-  Aggregated volume

-  Price

Not applicable - single transactions

e)

Date of the transaction

05 September 2023

f)

Place of the transaction

London Stock Exchange (XLON)

Further enquiries:	Macfarlane Group	Tel: 0141 333 9666
	Aleen Gulvanessian Chair
	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 with high quality protective packaging products which help customers reduce supply chain costs, improve 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 Ireland, Germany 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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