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M.P. Evans Director Exercises Share Options

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An update from M.P. Evans ( (GB:MPE) ) is now available.

M.P. Evans Group PLC announced that K. Chandra Sekaran, a non-executive director, has exercised share options under the company’s Long Term Incentive Scheme for 3,000 shares, with each share priced at 10p. This transaction increases Sekaran’s shareholding to 162,331 shares, representing about 0.31% of the company’s total issued ordinary share capital. The shares were sourced from the company’s Employees’ Benefit Trust, ensuring the total number of shares with voting rights remains unchanged. This transaction is part of the company’s ongoing efforts to align management’s interests with shareholder value.

More about M.P. Evans

M.P. Evans Group PLC is a company operating in the agriculture industry, primarily focused on the cultivation and production of palm oil. The company has a significant market presence in the palm oil sector and is known for its sustainable practices.

YTD Price Performance: -3.22%

Average Trading Volume: 53,306

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £501.9M

Learn more about MPE stock on TipRanks’ Stock Analysis page.

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