TIDMMBH

RNS Number : 5923G

Michelmersh Brick Holdings PLC

30 May 2017

30 May 2017

Michelmersh Brick Holdings plc (the "Company")

Exercise of Options

Peter Sharp (Joint Chief Executive Officer) and Mark Wall (Southern Sales Director) have today exercised options on 63,157 and 78,947 ordinary shares of 20 pence each in the Company ("Ordinary Shares") respectively under the Michelmersh Brick Holdings Plc SAYE Scheme. The Ordinary Share options have been exercised at 20 pence each. The shares have been issued out of the Company's Employee Benefit Trust which acts on behalf of the Company in this respect and no new shares have been issued as a result.

The Company currently has 81,477,220 Ordinary Shares in issue, each with voting rights, which figure may be used by shareholders in the Company 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 share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. The Company does not hold any Shares in Treasury.

 
 Michelmersh Brick Holdings 
  Plc 
  Frank Hanna, Joint CEO 
  Stephen Morgan, Finance      01825 
  Director                      430 412 
 Cenkos Securities plc 
  Bobbie Hilliam (NOMAD) 
  Harry Pardoe                 020 7397 
  Alex Aylen (Sales)            8900 
                               07747 
 Yellow Jersey PR               788 221 
                                07946 
  Charles Goodwin                424 651 
  Katie Bairsto 
 

About Michelmersh Brick Holdings PLC:

Michelmersh Brick Holdings PLC is a business with five market leading brands: Blockleys, 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 approximately 72 million clay bricks, tiles and pavers per annum. MBH 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 built 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:                               Peter Sharp 
----  ----------------------------------  ----------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------------- 
 a)    Position/Status:                    Joint Chief Executive 
----  ----------------------------------  ----------------------------- 
 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:                                N/a 
----  ----------------------------------  ----------------------------- 
 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 
        financial instrument:               pence each 
        Identification code:                ISIN: GB00B013H060 
----  ----------------------------------  ----------------------------- 
 b)    Nature of the transaction:          Exercise of share options 
----  ----------------------------------  ----------------------------- 
 c)    Price(s) and volume(s):               Price(s)       Volume(s) 
----  ----------------------------------  -------------  -------------- 
                                               20p           63,157 
 ---------------------------------------  -------------  -------------- 
 d)    Aggregated volume:                  N/A 
        Price: 
----  ----------------------------------  ----------------------------- 
 e)    Date of the Transaction:            30 May 2017 
----  ----------------------------------  ----------------------------- 
 f)    Place of the Transaction:           N/a 
----  ----------------------------------  ----------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ----------------------------------------------------------------- 
 a)    Name:                               Mark Wall 
----  ----------------------------------  ----------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------------- 
 a)    Position/Status:                    Southern Sales 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:                                N/a 
----  ----------------------------------  ----------------------------- 
 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 
        financial instrument:               pence each 
        Identification code:                ISIN: GB00B013H060 
----  ----------------------------------  ----------------------------- 
 b)    Nature of the transaction:          Exercise of share options 
----  ----------------------------------  ----------------------------- 
 c)    Price(s) and volume(s):               Price(s)       Volume(s) 
----  ----------------------------------  -------------  -------------- 
                                               20p           78,947 
 ---------------------------------------  -------------  -------------- 
 d)    Aggregated volume:                  N/A 
        Price: 
----  ----------------------------------  ----------------------------- 
 e)    Date of the Transaction:            30 May 2017 
----  ----------------------------------  ----------------------------- 
 f)    Place of the Transaction:           N/a 
----  ----------------------------------  ----------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 30, 2017 09:28 ET (13:28 GMT)

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