M.P. Evans’ CEO Exercises Share Options and Adjusts Stake

M.P. Evans ( (GB:MPE) ) just unveiled an announcement.

M.P. Evans Group PLC announced that its chief executive, Mr. Matthew Harrison Coulson, exercised share options under the company’s Long Term Incentive Scheme, acquiring a total of 19,880 shares at no cost. Of these, 9,330 shares were sold to cover tax liabilities, and 10,550 shares were transferred to his spouse, Mrs. N Coulson. Following this transaction, Mr. Coulson’s shareholding now represents 0.08% of the company’s issued share capital. The transactions were facilitated through shares held within the company’s employee benefit trust, maintaining the total number of shares with voting rights unchanged at 52,256,292. This activity underscores strategic share distribution among key management while maintaining stability in the company’s share structure.

The most recent analyst rating on (GB:MPE) stock is a Buy with a £1470.00 price target. To see the full list of analyst forecasts on M.P. Evans stock, see the GB:MPE Stock Forecast page.

Spark’s Take on GB:MPE Stock

According to Spark, TipRanks’ AI Analyst, GB:MPE is a Outperform.

M.P. Evans scores well due to its robust financial performance and strategic corporate events, which enhance its market positioning. The valuation is attractive, with a low P/E ratio and solid dividend yield. Technical analysis shows a neutral trend, with potential bearish momentum. Overall, the stock is positioned for growth with a stable financial foundation.

To see Spark’s full report on GB:MPE stock, click here.

More about M.P. Evans

M.P. Evans Group PLC is a producer of sustainable palm oil, primarily operating in Indonesia. The company focuses on developing and operating oil-palm estates with an emphasis on sustainable practices and providing shareholder returns.

Average Trading Volume: 41,286

Technical Sentiment Signal: Buy

Current Market Cap: £645.4M

For a thorough assessment of MPE stock, go to TipRanks’ Stock Analysis page.