Michelmersh Brick Holdings PLC Issue of Equity (9711Z)
March 20 2017 - 09:41AM
UK Regulatory
TIDMMBH
RNS Number : 9711Z
Michelmersh Brick Holdings PLC
20 March 2017
20 March 2017
Michelmersh Brick Holdings PLC
("MBH", or the "Group")
ISSUE OF EQUITY
The Company has today applied for 6,042 new ordinary shares of
20 pence each ("New Ordinary Shares") to be admitted to trading on
AIM ("Admission") following the exercise of options. It is expected
that dealings in the New Ordinary Shares will commence on 24 March
2017.
Following admission, the Company will have 81,477,220 ordinary
shares of 20 pence each ("Ordinary Shares") outstanding. The figure
of 81,477,220 Ordinary Shares 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 change their
interest in, the Company under the Financial Conduct Authority's
Disclosure and Transparency Rules.
Enquiries:
Michelmersh Brick Holdings
Frank Hanna, Joint CEO
Stephen Morgan, Finance 01825 430
Director 413
Cenkos Securities plc
Bobbie Hilliam (NOMAD)
Harry Pardoe 020 7397
Alex Aylen (Sales) 8900
Yellow Jersey PR
07747 788
Charles Goodwin 221
07768 537
Dominic Barretto 739
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.
MBH 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 is 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 website at: www.mbhplc.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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