MACFARLANE GROUP PLC

Director's Dealing • Mar 28, 2024

National Storage Mechanism | Additional information

RNS Number : 7278I

Macfarlane Group PLC

28 March 2024

Macfarlane Group PLC

28th March 2024

Macfarlane Group PLC

("Macfarlane" or the "Company)

Director / PDMR Shareholding

and

EBT share purchase

Macfarlane Group PLC (LON: MACF) announces that on 26th March 2024 the following persons discharging managerial responsibilities ('PDMRs') acquired ordinary shares of 25 pence each in the Company ("Shares") for nil consideration upon the maturity of the 26th March 2021 awards under the Company's 2016 Performance Share Plan ("PSP"), together with details of the subsequent sale of certain Shares 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	Total number of Shares held in the Company	% held of Company's issued share capital
Peter Atkinson	375,462	169,297	206,165	1,477,649	0.93%
Ivor Gray	198,298	97,361	100,937	287,169	0.18%
James Macdonald	54,505	26,762	27,743	30,093	0.02%

In accordance with the terms of the PSP, the number of Shares retained post sale are subject to a two year holding period.

The Company has been informed that today, the Company's employee benefit trust (the "EBT") purchased 293,420 Shares at an average price 133.75 pence per Share to help satisfy any future exercise of share options. As a result, the EBT now holds 330,068 Shares in the Company which is approximately 0.21% of the Company's issued share capital.

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

3.  James Macdonald

2

Reason for Notification

a)

Position/status

1. Chief Executive

2. Group Finance Director

3. Company Secretary

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 3.   Nil	375,462 ordinary shares 198,298 ordinary shares 54,505 ordinary shares

d)

Aggregated information

-  Aggregated volume

-  Price

Not applicable - single transactions

Nil

e)

Date of the transaction

26 March 2024

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

3.  James Macdonald

2

Reason for Notification

a)

Position/status

1. Chief Executive

2. Group Finance Director

3. Company Secretary

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.   133.75 pence 2.   133.75 pence 3.   133.75 pence	169,297 ordinary shares 97,361 ordinary shares 26,762 ordinary shares

d)

Aggregated information

-  Aggregated volume

-  Price

Not applicable - single transactions

e)

Date of the transaction

26 March 2024

f)

Place of the transaction

Outside a trading venue

Further enquiries:	Macfarlane Group	Tel: 0141 333 9666
	Aleen Gulvanessian Chair
	Peter Atkinson Chief Executive
	Ivor Gray Finance Director
	Spreng Thomson
	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 sustainability 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 is a UK market leader in the design and production of protective packaging for high value and fragile products.

·               Headquartered in Glasgow, Scotland, Macfarlane Group employs over 1,000 people at 40 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 supplying to a wide range of sectors, including: retail e-commerce; consumer goods; food; logistics; mail order; electronics; defence; medical; automotive; and aerospace.

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