t
27th March 2026
Macfarlane Group PLC
("Macfarlane" or the "Company")
Director/PDMR Shareholdings
On 26th March 2026, Peter Atkinson (Chief Executive), Ivor Gray (Group Finance Director), James Macdonald (Group Financial Controller and Company Secretary), David Mansfield (Distribution Managing Director) and Joost Meijs (Europe Managing Director) were granted conditional share awards over Macfarlane Group PLC ordinary shares of 25p ("Shares") as set out below, under the terms of the Company's Performance Share Plan ('PSP').
The conditional share award is subject to the achievement of performance conditions and if it vests will be released in accordance with the PSP rules (as disclosed in the Company's annual report). The award is also subject to an additional holding period of two years from the date on which the award vests.
PDMR Shareholdings and Share Interests
|
Name |
Awards |
Vesting Date |
Total Options Following Grant |
Total number of Shares held in the Company* |
|
Peter Atkinson |
1,114,843 |
March 2029 |
2,177,073 |
1,559,820 |
|
Ivor Gray |
619,048 |
March 2029 |
1,170,826 |
322,923 |
|
James Macdonald |
201,664 |
March 2029 |
401,448 |
29,966 |
|
David Mansfield |
307,543 |
March 2029 |
612,219 |
0 |
|
Joost Meijs |
157,143 |
March 2029 |
259,263 |
0 |
*including connected persons
The PSP awards made to the Executive Directors represent awards over Shares worth 150% of their base salaries, as permitted by the Directors' remuneration policy.
The PSP awards made to Mr. Macdonald and Mr. Mansfield represent an award over Shares worth 100% of base salary. The PSP award made to Mr. Meijs represents an award over Shares worth 50% of base salary.
The Company makes the following disclosures in accordance with Article 19 of the Market Abuse Regulation ("MAR") relating to certain transactions by persons discharging managerial responsibilities ("PDMR") in the Shares of the Company:
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Peter Atkinson |
|
2
|
Reason for the notification
|
|
|
a) |
Position/status |
Chief Executive |
|
b)
|
Initial notification /Amendment |
Initial Notification |
|
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 |
Conditional awards over ordinary shares of 25p each
|
|
|
|
|
|
Identification code |
N/A |
|
|
|
|
|
|
b)
|
Nature of the transaction
|
Conditional share awards made under the Company's PSP. |
|
c) |
Price(s) and volume(s) |
Award over 1,114,843 Shares at nil cost. |
|
d)
|
Aggregated information |
|
|
|
|
|
|
- Aggregated volume |
N/A - single transaction |
|
|
|
|
|
|
- Price |
|
|
|
|
|
|
|
e)
|
Date of the transaction
|
26th March 2026 |
|
f)
|
Place of the transaction |
Grant of share awards occurred outside a trading venue. |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Ivor Gray |
|
2
|
Reason for the notification
|
|
|
a) |
Position/status |
Group Finance Director |
|
b)
|
Initial notification /Amendment |
Initial Notification |
|
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 |
Conditional awards over ordinary shares of 25p each
|
|
|
|
|
|
Identification code |
N/A |
|
|
|
|
|
|
b)
|
Nature of the transaction
|
Conditional share awards made under the Company's PSP. |
|
c) |
Price(s) and volume(s) |
Award over 619,048 Shares at nil cost. |
|
d)
|
Aggregated information |
|
|
|
|
|
|
- Aggregated volume |
N/A - single transaction |
|
|
|
|
|
|
- Price |
|
|
|
|
|
|
|
e)
|
Date of the transaction
|
26th March 2026 |
|
f)
|
Place of the transaction |
Grant of share awards occurred outside a trading venue. |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
James Macdonald |
|
2
|
Reason for the notification
|
|
|
a) |
Position/status |
Group Financial Controller and Company Secretary |
|
b)
|
Initial notification /Amendment |
Initial Notification |
|
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 |
Conditional awards over ordinary shares of 25p each
|
|
|
|
|
|
Identification code |
N/A |
|
|
|
|
|
|
b)
|
Nature of the transaction
|
Conditional share awards made under the Company's PSP. |
|
c) |
Price(s) and volume(s) |
Award over 201,664 Shares at nil cost. |
|
d)
|
Aggregated information |
|
|
|
|
|
|
- Aggregated volume |
N/A - single transaction |
|
|
|
|
|
|
- Price |
|
|
|
|
|
|
|
e)
|
Date of the transaction
|
26th March 2026 |
|
f)
|
Place of the transaction |
Grant of share awards occurred outside a trading venue. |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
David Mansfield |
|
2
|
Reason for the notification
|
|
|
a) |
Position/status |
Distribution Managing Director |
|
b)
|
Initial notification /Amendment |
Initial Notification |
|
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 |
Conditional awards over ordinary shares of 25p each
|
|
|
|
|
|
Identification code |
N/A |
|
|
|
|
|
|
b)
|
Nature of the transaction
|
Conditional share awards made under the Company's PSP. |
|
c) |
Price(s) and volume(s) |
Award over 307,543 Shares at nil cost. |
|
d)
|
Aggregated information |
|
|
|
|
|
|
- Aggregated volume |
N/A - single transaction |
|
|
|
|
|
|
- Price |
|
|
|
|
|
|
|
e)
|
Date of the transaction
|
26th March 2026 |
|
f)
|
Place of the transaction |
Grant of share awards occurred outside a trading venue. |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Joost Meijs |
|
2
|
Reason for the notification
|
|
|
a) |
Position/status |
Europe Managing Director |
|
b)
|
Initial notification /Amendment |
Initial Notification |
|
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 |
Conditional awards over ordinary shares of 25p each
|
|
|
|
|
|
Identification code |
N/A |
|
|
|
|
|
|
b)
|
Nature of the transaction
|
Conditional share awards made under the Company's PSP. |
|
c) |
Price(s) and volume(s) |
Award over 157,143 Shares at nil cost. |
|
d)
|
Aggregated information |
|
|
|
|
|
|
- Aggregated volume |
N/A - single transaction |
|
|
|
|
|
|
- Price |
|
|
|
|
|
|
|
e)
|
Date of the transaction
|
26th March 2026 |
|
f)
|
Place of the transaction |
Grant of share awards occurred outside a trading venue. |
Further enquiries: |
Macfarlane Group |
Tel: 0141 333 9666 |
|
|
Aleen Gulvanessian Chair |
|
|
|
|
|
|
|
Spreng Thomson |
|
|
|
Callum Spreng |
Mob: 07803 970103 |
Legal Entity Identifier (LEI): 213800LVRYDERSJAAZ73
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 75 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 1,200 people at 42 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 over 2,000 suppliers, Macfarlane Group distributes and manufactures to a wide range of sectors, including: logistics; electronics; defence; medical; automotive; aerospace; retail e-commerce; and food.
On 26th March 2026, Macfarlane Group PLC granted conditional share awards over ordinary shares of 25p under its Performance Share Plan to five individuals: Peter Atkinson (1,114,843 shares), Ivor Gray (619,048 shares), James Macdonald (201,664 shares), David Mansfield (307,543 shares), and Joost Meijs (157,143 shares). These awards were made at nil cost, are subject to performance conditions, and have a vesting date of March 2029. The awards for Executive Directors represented 150% of their base salaries, Mr. Macdonald and Mr. Mansfield received 100%, and Mr. Meijs 50% of his base salary.
| Date | 27 Mar 2026 |
| Time | 07:40:00 |
| Category | Director/PDMR dealings |
| ID | 4282Y |