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LONDON - Mpac Group plc, a global provider of packaging and automation solutions, disclosed that its CEO Adam Holland and Group Finance Director William Wilkins have been granted exceptional awards of ordinary shares. The transaction occurred outside a trading venue on May 2, 2025, as part of an effort to better align executive incentives with shareholder interests.
According to the company’s announcement, Holland received 6,548 ordinary shares and Wilkins was awarded 5,238 shares, both at a price of 408 pence per ordinary share. These shares are to be held for a minimum of two years.
This move comes after the Remuneration Committee and the Board conducted a review, concluding that the existing incentive structure did not sufficiently reflect the interests of the shareholders nor the company’s transformation in 2024. The decision to award shares is a response to these findings, aimed at fostering greater alignment between the executive management and the shareholders.
Following these transactions, Holland’s shareholding in Mpac Group has increased to approximately 0.08% of the issued share capital, totaling 24,228 ordinary shares. Wilkins’s stake has risen to roughly 0.32% with a total of 96,432 ordinary shares.
The details of the transaction were made public in accordance with the UK Market Abuse Regulation, ensuring transparency of the dealings by persons discharging managerial responsibilities.
This news is based on a press release statement from Mpac Group plc and provides investors with updated information on the company’s executive shareholdings, which may be of interest to current and potential shareholders. The awards represent a strategic approach by Mpac to further integrate executive performance with the long-term success of the company.
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