Michelmersh Brick Holdings PLC Exercise of Options (8723A)
September 14 2018 - 10:00AM
UK Regulatory
TIDMMBH
RNS Number : 8723A
Michelmersh Brick Holdings PLC
14 September 2018
14 September 2018
Michelmersh Brick Holdings plc
(the "Company")
Exercise of Options
The Company notifies that Mick Brophy and Mark Wall, both
Associate Directors of the Company, have each exercised share
options over 13,595 ordinary shares of 20 pence each in the capital
of the Company ("New Ordinary Shares") for an exercise price of
66.2 pence per ordinary share pursuant to the Company's Sharesave
scheme. The New Ordinary Shares rank pari-passu with existing
ordinary shares and have been admitted to trading pursuant to the
Company's Block Admission as announced on 22 June 2018.
The Company has also been notified that, following the above
exercise, Mark Wall subsequently sold 13,595 ordinary shares for a
price of 92 pence per ordinary share.
The Company's issued ordinary share capital comprises 86,467,083
ordinary shares, of which none is held in treasury. Therefore, the
total number of ordinary shares with voting rights in the Company
is 86,467,083, which may be used by shareholders 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 Company under the FCA's Disclosure Guidance and Transparency
Rules.
For further information, please contact:
Michelmersh Brick Holdings Plc
Frank Hanna, Joint CEO
Stephen Morgan, Finance Director 01825 430 413
Cenkos Securities plc
Max Hartley (NOMAD)
Harry Hargreaves 020 7397 8900
Yellow Jersey PR 07747 788 221
Charles Goodwin 07555 159 808
Abena Affum
About Michelmersh Brick Holdings PLC:
Michelmersh Brick Holdings PLC is a business with six market
leading brands: Blockleys, Carlton, 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 over 100 million clay bricks, tiles 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.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Mick Brophy
--------------------------------------------- --------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------------
a) Position/Status: Associate 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: 213800CIFQFPAHIQE695
--------------------------------------------- --------------------------------------------
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 Options over Ordinary Shares of 20 pence
financial instrument: each
Identification code:
ISIN: GB00B013H060
--------------------------------------------- --------------------------------------------
b) Nature of the transaction: Exercise of options
--------------------------------------------- --------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
--------------------------------------------- --------------------- ---------------------
GBP0.662 13,595
------------------------------------------------------------------------ ---------------------
d) Aggregated volume: 13,595
Price: GBP8,999.89
--------------------------------------------- --------------------------------------------
e) Date of the Transaction: 14 September 2018
--------------------------------------------- --------------------------------------------
f) Place of the Transaction: Outside a trading venue
--------------------------------------------- --------------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Mark Wall
--------------------------------------------- --------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------------
a) Position/Status: Associate 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: 213800CIFQFPAHIQE695
--------------------------------------------- --------------------------------------------
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 Options over Ordinary Shares of 20 pence
financial instrument: each
Identification code:
ISIN: GB00B013H060
--------------------------------------------- --------------------------------------------
b) Nature of the transaction: Exercise of options
--------------------------------------------- --------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
--------------------------------------------- --------------------- ---------------------
GBP0.662 13,595
------------------------------------------------------------------------ ---------------------
d) Aggregated volume: 13,595
Price: GBP8,999.89
--------------------------------------------- --------------------------------------------
e) Date of the Transaction: 14 September 2018
--------------------------------------------- --------------------------------------------
f) Place of the Transaction: Outside a trading venue
--------------------------------------------- --------------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Mark Wall
--------------------------------------------- ------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------
a) Position/Status: Associate 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: 213800CIFQFPAHIQE695
--------------------------------------------- ------------------------------------
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 Ordinary Shares of 20 pence each
financial instrument:
Identification code:
ISIN: GB00B013H060
--------------------------------------------- ------------------------------------
b) Nature of the transaction: Sale of ordinary shares
--------------------------------------------- ------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
--------------------------------------------- ----------------- -----------------
GBP0.92 13,595
-------------------------------------------------------------------- -----------------
d) Aggregated volume: 13,595
Price: GBP12,507.4
--------------------------------------------- ------------------------------------
e) Date of the Transaction: 14 September 2018
--------------------------------------------- ------------------------------------
f) Place of the Transaction: AIMX
--------------------------------------------- ------------------------------------
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END
DSHDMGMLDDMGRZM
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