MPAC GROUP PLC

Director's Dealing • May 23, 2025

National Storage Mechanism | Additional information

RNS Number : 0090K

Mpac Group PLC

23 May 2025

23 May 2025

Mpac Group plc

("Mpac" or the "Company")

Grant of Options

Director/PDMR Dealing

Mpac Group plc, the global packaging and automation solutions Group, announces that, on 21 May 2025, it awarded a total of 171,548 options to subscribe for new shares of 25 pence each in the Company ("Ordinary Shares") under the Mpac Group plc Long Term Incentive Plan ("LTIP") to certain of the Company's Directors/PDMRs in the amounts set out below (the "LTIP Options"):

Director/PDMR	Number of LTIP Options
Adam Holland, CEO	119,247
William Wilkins, Group Finance Director	52,301

The LTIP Options are exercisable at the nominal price of £0.25 and have vesting conditions tied to cumulative Earnings Per Share (EPS) and average Operating Return On Sales (Operating ROS). Each award will vest based on 70% of EPS performance and 30% of Operating ROS performance. Cumulative EPS has to exceed 155p over the performance period to vest in full. Vesting is reduced to 40% on a pro-rata basis if cumulative EPS is 140p over the performance period and is reduced to nil if below 140p. Average Operating ROS has to exceed 10% to vest in full. Vesting is reduced to 40% on a pro-rata basis if average Operating ROS is 9% over the performance period and is reduced to nil if below 9%.

The performance period will be 1 January 2025 to 31 December 2027 and, to the extent vested, the options will be subject to a two-year holding period following the vesting of the award. However, shares may be sold to cover any tax liability arising from exercise during the two year holding period.

T he notification below, m ade in accordance with the requirements of the UK Market Abuse Regulation, provides further detail .

Notification and public disclosure of a transaction by a person discharging managerial responsibilities ("PDMR").

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Adam Holland

2

Reason for the notification

a)

Position/status

Chief Executive Officer / PDMR

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 instrument, type of instrument

Identification code

Options over ordinary shares exercisable at £0.25

GB0005991111

b)

Nature of the transaction

Grant of options under the Mpac Group plc Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
n/a	119,247

d)

Aggregated information

-      Volume 

-      Price

-      Total

N/A

e)

Date of the transaction

21 May 2025

f)

Place of the transaction

N/A

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

William Wilkins

2

Reason for the notification

a)

Position/status

Group Finance Director / PDMR

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 instrument, type of instrument

Identification code

Options over ordinary shares exercisable at £0.25

GB0005991111

b)

Nature of the transaction

Grant of options under the Mpac Group plc Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
n/a	52,301

d)

Aggregated information

-      Volume 

-      Price

-      Total

N/A

e)

Date of the transaction

21 May 2025

f)

Place of the transaction

N/A

For further information please contact: Mpac Group plc Adam Holland, Chief Executive Officer Will Wilkins, Chief Financial Officer	Tel: +44 (0)24 7642 1100
Shore Capital (Nomad and Joint Broker) Advisory Patrick Castle Sophie Collins Broking Henry Willcocks	Tel: +44 (0)20 7408 4050
Panmure Liberum (Joint Broker) Edward Mansfield Will King Freddie Wooding	Tel: +44 (0)20 3100 2000
Hudson Sandler (Financial PR) Nick Lyon Nick Moore Francesca Rosser	Tel: +44 (0) 20 7796 4133

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