Ibstock PLC Director/PDMR Shareholding
March 25 2024 - 7:00AM
RNS Regulatory News
RNS Number : 1299I
Ibstock PLC
25 March 2024
LEI:
2138003QHTNX34CN9V93
Ibstock Plc (the
"Company")
Grant of Awards under Ibstock
Plc Annual and Deferred Bonus Plan
Notification of Transactions
by Persons Discharging Managerial Responsibility
("PDMRs")
On 22 March 2024 the Company granted
awards ("ADBP Awards") over Ibstock Plc ordinary shares of 1 penny
each ("Ordinary Shares") in accordance with the rules of the
Ibstock Plc Annual and Deferred Bonus Plan ("ADBP").
|
Name
|
Status
|
Number of Ordinary Shares under ADBP Award
|
Option Price
|
|
Joseph Hudson
|
Chief Executive Officer
|
40,780
|
£Nil
|
|
Christopher McLeish
|
Chief Financial Officer
|
27,437
|
£Nil
|
These ADBP Awards implement the
deferred part of the Executive Directors' 2023 bonus entitlements
under the rules of the ADBP.
No consideration was paid for the
grant of the ADBP Awards which are structured as nil cost options.
The number of Ordinary Shares granted under each ADBP Award has
been calculated in accordance with the rules of the ADBP using an
Ordinary Share price of 156.36 pence per share (the 30 day average
middle market quotation up to the 21 March 2024).
The ADBP Awards will normally vest
on 22 March 2027, subject to the participant being an employee of
the Group at that time. Once vested, the ADBP Award will normally
be exercisable until the day before the tenth anniversary of the
award date.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them:
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Joseph Hudson
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Executive Officer
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Ibstock Plc
|
|
b)
|
LEI
|
2138003QHTNX34CN9V93
|
|
4
|
Details of the 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 financial
instrument, type of instrument
|
Ordinary shares of 1p
each
|
|
|
|
|
Identification code
|
GB00BYXJC278
|
|
|
|
|
b)
|
Nature of the transaction
|
Grant of awards under the Ibstock
Plc Annual and Deferred Bonus Plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
(a)
|
Nil
|
40,780
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
40,780
|
|
|
|
|
- Price
|
Nil
|
|
|
|
|
e)
|
Date of the transaction
|
22 March 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Christopher McLeish
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Financial Officer
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Ibstock Plc
|
|
b)
|
LEI
|
2138003QHTNX34CN9V93
|
|
4
|
Details of the 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 financial
instrument, type of instrument
|
Ordinary shares of 1p
each
|
|
|
|
|
Identification code
|
GB00BYXJC278
|
|
|
|
|
b)
|
Nature of the transaction
|
Grant of awards under the Ibstock
Plc Annual and Deferred Bonus Plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
(a)
|
Nil
|
27,437
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
27,437
|
|
|
|
|
- Price
|
Nil
|
|
|
|
|
e)
|
Date of the transaction
|
22 March 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
Enquiries:
|
Ibstock Plc
|
01530 261 999
|
|
Becky Parker
|
|
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