23 July 2026
AIM: MPAC
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 22 July 2026, it awarded a total of 54,455 options to subscribe for new Ordinary Shares of 25 pence each in the Company ("Ordinary Shares") under the Mpac Group plc Long Term Incentive Plan ("LTIP") reflecting the appointment of Duncan Tyler as incoming CFO:
Director/PDMR Duncan Tyler, Incoming CFO | Performance-related Options 43,564 | Restricted Stock Units 10,891 |
The Performance-related Options are exercisable at the nominal price of £0.25 and have vesting conditions tied to cumulative Earnings Per Share (EPS) and Return on Capital (ROCE). The award will vest based on 50% of EPS performance and 50% of ROCE performance. Cumulative EPS must reach 85p over the performance period to vest in full. Vesting is nil if below 70p. The performance period in respect of Cumulative EPS is the period 1 January 2026 to 31 December 2028. The performance period for ROCE is the year ended 31 December 2028. ROCE for the year ended 31 December 2028 must reach 15% to vest in full. Vesting is nil if below 13%.
Restricted Stock Units are subject to the participant remaining an employee during the three-year vesting period ending 31 December 2028 and demonstrating performance and conduct satisfactory to the Remuneration Committee.
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.
The notification below, made 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 Duncan Tyler | 2 Reason for the notification | a) Position/status Incoming CFO / 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 GB0005991111 | b) Nature of the transaction Grant of options under the Mpac Group plc Long-Term Incentive Plan. | c) Price(s) and volume(s) 43,564 performance-related options 10,891 restricted stock units | d) Aggregated information - Volume - Price - Total 54,455 | e) Date of the transaction 22 July 2026 | f) Place of the transaction N/A |
For further information please contact: Mpac Group plc Adam Holland, Chief Executive Officer Duncan Tyler, Incoming CFO 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 Jamie Anderson Tel: +44 (0)20 3100 2000 | Tavistock Nick Dibden Katie Hopkins Grace Cooper Tel: +44 (0) 20 7920 3150 |
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