Michelmersh Brick Holdings PLC Scrip Share Reference Price (5394B)
June 10 2021 - 9:24AM
UK Regulatory
TIDMMBH
RNS Number : 5394B
Michelmersh Brick Holdings PLC
10 June 2021
10 June 2021
Michelmersh Brick Holdings Plc
(the "Company")
Scrip Share Reference Price
Michelmersh Brick Holdings PLC (AIM: MBH), the specialist brick
manufacturer, today announces the reference price of a new ordinary
share of 20 pence each in the capital of the Company ("Ordinary
Share") under the scrip dividend alternative proposed for the 2020
final dividend of 2.50 pence per Ordinary Share as announced by the
Company in its Final Results Statement on 30(th) March 2021.
The reference price of a new Ordinary Share under the scrip
dividend alternative for the interim dividend has been set at
145.80 pence (the "Scrip Reference Price").
The Scrip Reference Price was calculated from the average of the
middle market close price quotations on the London Stock Exchange,
as derived from the AIM appendix of the Daily Official List, during
the five dealing days beginning on 3 June 2021. Additional
information on the scrip dividend can be found on the Company's
website: www.mbhplc.co.uk
For further information, please contact:
Michelmersh Brick Holdings plc Tel: +44 (0)1825 430412
Frank Hanna, Joint CEO
Ryan Mahoney, CFO
Canaccord Genuity Limited (NOMAD Tel: +44 (0)20 7523 8000
and Broker)
Bobbie Hilliam
Georgina McCooke
Yellow Jersey PR
Charles Goodwin Tel: +44 (0)7747 788 221
Annabel Atkins Tel: +44 (0)7983 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.
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END
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