Brickability Group PLC Director/PDMR Shareholding
June 14 2024 - 9:33AM
RNS Regulatory News
RNS Number : 5662S
Brickability Group PLC
14 June 2024
Brickability Group
PLC
LEI: 213800SK28MWXB3K3P26
14 June 2024
Brickability Group
PLC
(the
"Company" or the "Group")
Director/PDMR
shareholding
Brickability Group PLC, a
leading distributor and provider of specialist
products and services to the UK construction industry, has
been notified of the following transactions by a PDMR of the
Company.
On 14 June 2024
Mike Gant, Chief Financial Officer, exercised 269,639 options over
ordinary shares of 1 penny each in the Company ("Ordinary Shares"),
which vested pursuant to an award granted on 4 June 2021
under the Brickability Group PLC Long-Term
Inventive Plan.
In order to satisfy the personal tax
liabilities and other costs arising on exercise, Mr Gant sold
129,507 Ordinary Shares each at a price of 67.1416 pence per
Ordinary Share. In accordance with the Company's remuneration
policy, Mr Gant will be required to hold the balance of the
Ordinary Shares for a minimum period of two years from the date of
vesting.
Following the transactions outlined
above, Mike Gant is beneficially interested in a total of 140,132
Ordinary Shares representing approximately 0.04% of the Company's
issued share capital.
|
Enquiries:
Brickability Group PLC
John Richards, Chairman
Frank Hanna, Chief Executive
Officer
Mike Gant, Chief Financial
Officer
|
via Montfort
Communications
|
|
Peel Hunt LLP (Nominated Adviser and
Broker)
Ed Allsopp
Tom Graham
|
+44 (0)20 7418 8900
|
|
Montfort Communications
James Olley
Ella Henderson
|
+44 (0) 20 3514 0897
brickability@montfort.london
|
About Brickability
|
Brickability Group PLC is a leading
distributor and provider of specialist products and services to the
UK construction industry. The business comprises four divisions:
Bricks and Building Materials, Contracting, Distribution, and
Strategic Importing. With an agile, de-centralised, capital-light
business model, supported by a strong balance sheet, Brickability
leverages the skills of its people company-wide to effectively
service the complex and evolving needs of the construction
industry.
|
|
Incorporated in 1985, the Group has
grown organically through product diversification and geographic
expansion, as well as through the acquisition of specialist
businesses that support its long-term strategy for growth. Today,
the Group encompasses a diverse portfolio of market-leading brands
and a dedicated team of over 800 skilled professionals, led by a
management team with deep-rooted knowledge and experience in the UK
and European construction industries.
|
|
The Group is committed to building
better communities throughout the supply chain and supporting the
delivery of sustainable developments that enhance the built
environment for future generations, while delivering continuous
value for shareholders.
|
The notification below, made in
accordance with the UK Market Abuse Regulation, provides
further details.
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Mike Gant
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Financial Officer
|
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Brickability Group PLC
|
|
b)
|
LEI
|
213800SK28MWXB3K3P26
|
|
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 the financial
instrument, type of instrument
Identification code
|
Ordinary Shares
GB00BK63S759
|
|
b)
|
Nature of the transaction
|
Exercise of share options
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£0.01
|
269,639
|
|
|
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a - single
transaction
|
|
e)
|
Date of the transaction
|
14 June 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Mike Gant
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Financial Officer
|
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Brickability Group PLC
|
|
b)
|
LEI
|
213800SK28MWXB3K3P26
|
|
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 the financial
instrument, type of instrument
Identification code
|
Ordinary Shares
GB00BK63S759
|
|
b)
|
Nature of the transaction
|
Sale of Ordinary Shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£0.671416
|
129,507
|
|
|
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a
|
|
e)
|
Date of the transaction
|
14 June 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange -
AIM
|
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