Michelmersh Brick Holdings PLC Exercise of Options (0048C)
June 12 2019 - 8:20AM
UK Regulatory
TIDMMBH
RNS Number : 0048C
Michelmersh Brick Holdings PLC
12 June 2019
12 June 2019
Michelmersh Brick Holdings Plc
("Michelmersh" or the "Company")
Exercise of Options
Michelmersh (AIM: MBH), the specialist brick manufacturer,
announces that Tim Barnett, Associate Director of the Company, has
exercised nil cost options over 2,563 ordinary shares of 20 pence
each in the capital of the Company ("Ordinary Shares") pursuant to
the Company's LTIP 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 18 April
2019.
As at 12 June 2019, the Company's issued ordinary share capital
comprises 92,065,647 Ordinary Shares, of which none are held in
treasury. Therefore, the total number of Ordinary Shares with
voting rights in the Company is 92,065,647 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:
Enquiries:
Michelmersh Brick Holdings Plc
Frank Hanna, Joint CEO
Stephen Morgan, Finance Director 07384 259407
Canaccord Genuity Limited (NOMAD
and Broker)
Bobbie Hilliam 020 7523
Georgina McCooke 8150
Yellow Jersey PR
07747 788
Charles Goodwin 221
07544 275
Harriet Jackson 882
Annabel Atkins
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
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Tim Barnett
--------------------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------
a) Position/Status: Associate Director / PDMR
--------------------------------------------- ----------------------------------
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
financial instrument:
Identification code: ISIN: GB00B013H060
--------------------------------------------- ----------------------------------
b) Nature of the transaction: Exercise of options
--------------------------------------------- ----------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
--------------------------------------------- ---------------- ----------------
- 2,563
------------------------------------------------------------------- ----------------
d) Aggregated volume: n/a single transaction
Price:
--------------------------------------------- ----------------------------------
e) Date of the Transaction: 11 June 2019
--------------------------------------------- ----------------------------------
f) Place of the Transaction: Outside a trading venue
--------------------------------------------- ----------------------------------
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London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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