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viewMichelmersh Brick Holdings Plc

Michelmersh Brick - Director/PDMR Shareholding

RNS Number : 5923G
Michelmersh Brick Holdings PLC
30 May 2017
 

30 May 2017

Michelmersh Brick Holdings plc (the "Company")

 

Exercise of Options

 

Peter Sharp (Joint Chief Executive Officer) and Mark Wall (Southern Sales Director) have today exercised options on 63,157 and 78,947 ordinary shares of 20 pence each in the Company ("Ordinary Shares") respectively under the Michelmersh Brick Holdings Plc SAYE Scheme. The Ordinary Share options have been exercised at 20 pence each. The shares have been issued out of the Company's Employee Benefit Trust which acts on behalf of the Company in this respect and no new shares have been issued as a result.

 

The Company currently has 81,477,220 Ordinary Shares in issue, each with voting rights, which figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. The Company does not hold any Shares in Treasury.

 

 

Michelmersh Brick Holdings Plc

Frank Hanna, Joint CEO

Stephen Morgan, Finance Director

 

01825 430 412

Cenkos Securities plc

Bobbie Hilliam (NOMAD)

Harry Pardoe

Alex Aylen (Sales)

020 7397 8900

Yellow Jersey PR

Charles Goodwin

Katie Bairsto

07747 788 221

07946 424 651

 

About Michelmersh Brick Holdings PLC:

Michelmersh Brick Holdings PLC is a business with five market leading brands: Blockleys, Charnwood, Freshfield Lane, Michelmersh and Hathern Terra Cotta. These divisions operate within a fully integrated business combining the manufacture of clay bricks, tiles and pavers. The Group also includes a landfill operator, New Acres Limited, and seeks to develop future landfill and development opportunities on ancillary land assets.

Established in 1997 the Company has grown through acquisition and organic growth into a profitable and asset rich business, producing approximately 72 million clay bricks, tiles and pavers per annum. MBH currently owns most of the UK's premium manufacturing brands and is a leading specification brick and clay paving manufacturer.

Michelmersh strives to be a well invested, long term, sustainable, environmentally responsible business.  Opportunity, training and security for all employees, whilst meeting the needs of stakeholders are at the forefront of everything we do. We aim to lead the way in producing some of Britain's premium clay products and enhancing our built environment by adding value to the architectural landscape for generations to come.

We are Michelmersh Brick Holdings PLC: we are "Britain's Brick Specialist".

Please visit the Group's websites at: www.mbhplc.co.uk and www.bimbricks.com

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Peter Sharp

2

Reason for the notification

a)

Position/Status:

 

Joint Chief Executive

b)

Initial Notification/Amendment:

 

Initial Notification

3

Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor

a)

Name:

Michelmersh Brick Holdings plc

b)

LEI:

N/a

4.

Details of 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:

Identification code:

Ordinary Shares of 20 pence each

ISIN: GB00B013H060

b)

Nature of the transaction:

 

Exercise of share options

c)

Price(s) and volume(s):

Price(s)

Volume(s)

20p

63,157

d)

Aggregated volume:

Price:

N/A

e)

Date of the Transaction:

30 May 2017

f)

Place of the Transaction:

N/a

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Mark Wall

2

Reason for the notification

a)

Position/Status:

 

Southern Sales Director

b)

Initial Notification/Amendment:

 

Initial Notification

3

Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor

a)

Name:

Michelmersh Brick Holdings plc

b)

LEI:

N/a

4.

Details of 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:

Identification code:

Ordinary Shares of 20 pence each

ISIN: GB00B013H060

b)

Nature of the transaction:

 

Exercise of share options

c)

Price(s) and volume(s):

Price(s)

Volume(s)

20p

78,947

d)

Aggregated volume:

Price:

N/A

e)

Date of the Transaction:

30 May 2017

f)

Place of the Transaction:

N/a

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Quick facts: Michelmersh Brick Holdings Plc

Price: 95.5

Market: AIM
Market Cap: £89.5 m
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