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Michelmersh Brick - Block Admission of Ordinary Shares

RNS Number : 4740G
Michelmersh Brick Holdings PLC
25 November 2020
 

25 November 2020

 

Michelmersh Brick Holdings Plc

("MBH" or the "Group")

Block Admission of Ordinary Shares 

The Company announces that application has been made for a block admission of 71,232 ordinary shares of 20 pence each in the capital of the Company ("Ordinary Shares") to be admitted to trading on AIM, under which new Ordinary Shares will be issued from time to time by the Company pursuant to exercises of options under the Company's LTIP schemes.

New Ordinary Shares issued under the block admission will rank pari passu in all respects with existing Ordinary Shares, and it is expected that admission will become effective at 8.00 a.m. on or around 1 December 2020. There is no change to the Company's issued share capital as a result of this block admission.

 

Enquiries:

Michelmersh Brick Holdings Plc

Frank Hanna, Joint CEO

Stephen Morgan, Finance Director

07384 259407

 

Canaccord Genuity Limited  (NOMAD and Broker)

Bobbie Hilliam

Georgina McCooke

01825 430 412

 

Yellow Jersey PR

Charles Goodwin

Annabel Atkins

Georgia Colkin

 

07747 788 221

07983 557 851

 

 

 

About Michelmersh Brick Holdings PLC:

Michelmersh Brick Holdings PLC is a business with seven market leading brands: Blockleys, Carlton, Charnwood, Freshfield Lane, Michelmersh, Hathern Terra Cotta and Floren. These divisions operate within a fully integrated business combining the manufacture of clay bricks 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 over 120 million clay bricks and pavers per annum. Michelmersh 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 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

 

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Quick facts: Michelmersh Brick Holdings Plc

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AIM:MBH

Price: 132.5

Market Cap: £125.03 m

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