Mears Group PLC Director/PDMR Shareholding (1555M)
September 12 2023 - 3:00AM
UK Regulatory
TIDMMER
RNS Number : 1555M
Mears Group PLC
12 September 2023
Mears Group PLC
("Mears" or "the Group" or "the Company")
Director/PDMR Shareholding
Mears Group PLC, the leading provider of services to the Housing
sector in the UK, announces that on 11 September 2023 Jim Clarke,
Chairman, purchased 30,000 ordinary shares of 1 penny each in the
Company ("Ordinary Shares"), at a price of 275.64 pence per
share.
Following this purchase, Mr Clarke has an interest in 30,000
ordinary shares representing approximately 0.03 per cent. of the
Company's voting share capital.
Contact information
Ben Westran, Company Secretary Tel: +44(0)1452 634600
www.mearsgroup.co.uk
About Mears
Mears is the leading provider of services to the Affordable
Housing sector in the UK: responsible for the maintenance of c.10%
of the UK's social housing stock; and managing over 10,000 homes
for local and central government.
Mears currently employs around 5,500 people and provides
services in every region of the UK. In partnership with our Housing
clients, we maintain, repair and upgrade the homes of hundreds of
thousands of people in communities from remote rural villages to
large inner-city estates. Mears has extended its activities to
provide broader housing solutions to solve the challenge posed by
the lack of affordable housing and to provide accommodation and
support for the most vulnerable.
We focus on long-term outcomes for people rather than short-term
solutions and invest in innovations that have a positive impact on
people's quality of life and on their communities' social, economic
and environmental wellbeing. Our innovative approaches and market
leading positions are intended to create value for our customers
and the people they serve while also driving sustainable financial
returns for our providers of capital, especially our
shareholders.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the EU Market Abuse Regulation No
596/2014 ( as it forms part of domestic law by virtue of the
European Union (Withdrawal) Act 2018).
Notification and public disclosure of transactions by persons
discharging
managerial responsibilities and persons closely associated with
them
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Jim Clarke
------------------------------ ------------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
a. Position/status Chairman
------------------------------ ------------------------------------------
b. Initial notification Initial notification
/Amendment
------------------------------ ------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a. Name Mears Group PLC
------------------------------ ------------------------------------------
b. LEI 213800DHCALLH8IRJV57
------------------------------ ------------------------------------------
4. Details of the 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 Ordinary shares of 1p each
the GB0005630420
Financial instrument,
type
of instrument
Identification
code
------------------------------ ------------------------------------------
b. Nature of the Purchase of shares
transaction
------------------------------ ------------------------------------------
c. Price(s) and Price(s) Volume(s)
volume(s) 275.64p 30,000
----------
------------------------------ ------------------------------------------
d. Aggregated information
* Aggregated volume
30,000
* Price 275.64
82,692 GBP
* Total
------------------------------ ------------------------------------------
e. Date of the transaction 11 September 2023
------------------------------ ------------------------------------------
f. Place of the London Stock Exchange, Main Market (XLON)
transaction
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END
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