C&C Group plc has announced that Patrick McMahon, the Group Chief Executive Officer and Group Chief Financial Officer, has made transactions involving the purchase and award of shares under the company's Irish Profit-Sharing Scheme. The transactions were conducted on September 15, 2023, on the London Stock Exchange.
Patrick McMahon purchased 89 ordinary shares of €0.01 each at a price of £1.372 per share, resulting in an aggregated price of £122.11. These shares were purchased as "contributory" shares under the Irish Profit-Sharing Scheme.
Additionally, Patrick McMahon was awarded 89 "free" shares under the same scheme at a price of £1.372 per share, with an aggregated price of £122.11.
The purpose of these transactions is to participate in the company's profit-sharing scheme, which allows employees to acquire shares in the company. As a person discharging managerial responsibilities, Patrick McMahon is required to disclose these transactions.
No further details or information regarding the transactions were provided in the announcement.