MJ Gleeson PLC Exercise of Options, TVR & Director/PDMR Dealings (6985S)
04 October 2017 - 9:31PM
UK Regulatory
TIDMGLE
RNS Number : 6985S
MJ Gleeson PLC
04 October 2017
4 October 2017
MJ Gleeson plc ("Gleeson" or the "Company")
Exercise of Options, TVR and Director/PDMR Dealings
The Company announces that on 3 October, Joylon Harrison and
Scott Chamberlin, Chief Executive Officer of the Company and
Managing Director of Gleeson Strategic Land, respectively, and
certain other employees of the Company, have exercised options at 2
pence per share over 467,258 ordinary shares of 2 pence each in the
capital of the Company ("New Shares") ("Ordinary Shares") in
connection with the Company's Long Term Incentive Plan ("LTIP")
which were granted on 1 October 2014.
PDMR Exercise of Options by
a PDMR
------------------------------ -----------------------
Joylon Harrison, Chief
Executive Officer 290,769
------------------------------ -----------------------
Scott Chamberlin, Managing
Director, Gleeson Strategic
Land 39,577
------------------------------ -----------------------
Application has been made for the admission to trading of the
new Ordinary Shares, which rank pari passu in all respect with the
Company's existing Ordinary Shares, on the Main Market of the
London Stock Exchange and to listing on the Official List of the
UKLA, with dealings expected to commence on or around 10 October
2017.
Following issue of the New Shares, the Company's total issued
share capital will consist of 54,587,753 Ordinary Shares with one
voting right per share. The Company does not hold any Ordinary
Shares in Treasury. Therefore, the total number of Ordinary Shares
with voting rights is 54,587,753 which 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 in their interest in, the share capital of the
Company under the FCA's Disclosure and Transparency Rules.
Subsequent to the exercise and issue of the New Shares, the
Company has been notified that Jolyon Harrison sold 131,239
Ordinary Shares at an average price of 666.05 pence per Ordinary
Share in order to satisfy tax liabilities resulting from the
exercise of the above-mentioned options. Following the exercise and
the sale, Jolyon Harrison's shareholdings, including those held by
Related Persons is 1,893,749 Ordinary Shares in the Company,
representing 3.47 per cent. of the total voting rights in the
Company.
In addition, and also subsequent to the exercise and issue of
the New Shares, the Company has been notified that Scott Chamberlin
sold 18,657 Ordinary Shares at a price of 666.05 pence per Ordinary
Share in order to satisfy tax liabilities resulting from the
exercise of the above-mentioned options. Following the exercise and
the sale, Scott Chamberlin's shareholdings, including those held by
Related Persons is 24,864 Ordinary Shares in the Company,
representing 0.05 per cent. of the total voting rights in the
Company.
The notification below, made in accordance with the requirements
of DTR 3.1 and Article 19 of The Market Abuse provide further
detail.
Enquiries:
MJ Gleeson plc Tel: 01142 612 900
Stefan Allanson, Chief Financial Officer
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 Jolyon Harrison
--- ------------------------- ----------------------------------------
2 Reason for the notification
--- -------------------------------------------------------------------
a) Position/status Chief Executive Officer
--- ------------------------- ----------------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- ----------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------------
a) Name MJ Gleeson plc
--- ------------------------- ----------------------------------------
b) LEI 21380064K7N2W7FD6434
--- ------------------------- ----------------------------------------
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 Ordinary shares of 2 pence
the financial each
instrument, type
of instrument
GB00BRKD9Z53
Identification
code
--- ------------------------- ----------------------------------------
b) Nature of the i. Exercise of Options over
transaction Ordinary Shares
ii. Sale of Ordinary Shares
--- ------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------------- ------------------
i. 2 pence i. 290,769
ii. 666.05 ii. 131,239
pence
----------------- ------------------
--- ------------------------- ----------------------------------------
d) Aggregated information
- Aggregated volume N/A
- Price
--- ------------------------- ----------------------------------------
e) Date of the transaction i. 3 October 2017
ii. 3 October 2017
--- ------------------------- ----------------------------------------
f) Place of the transaction i. Off market
ii. London Stock Exchange
(XLON)
--- ------------------------- ----------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------------------
a) Name Scott Chamberlin
--- ------------------------- ---------------------------------------
2 Reason for the notification
--- ------------------------------------------------------------------
a) Position/status PDMR
--- ------------------------- ---------------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- ---------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ------------------------------------------------------------------
a) Name MJ Gleeson plc
--- ------------------------- ---------------------------------------
b) LEI 21380064K7N2W7FD6434
--- ------------------------- ---------------------------------------
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 Ordinary shares of 2 pence
the financial each
instrument, type
of instrument
GB00BRKD9Z53
Identification
code
--- ------------------------- ---------------------------------------
b) Nature of the i. Exercise of Options over
transaction Ordinary Shares
ii. Sale of Ordinary Shares
--- ------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------------- -----------------
i. 2 pence i. 39,577
ii. 666.05 ii. 18,657
pence
----------------- -----------------
--- ------------------------- ---------------------------------------
d) Aggregated information
- Aggregated volume N/A
- Price
--- ------------------------- ---------------------------------------
e) Date of the transaction i. 3 October 2017
ii. 3 October 2017
--- ------------------------- ---------------------------------------
f) Place of the transaction i. Off market
ii. London Stock Exchange
(XLON)
--- ------------------------- ---------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEFSMFSLFWSEES
(END) Dow Jones Newswires
October 04, 2017 06:31 ET (10:31 GMT)
Mj Gleeson (LSE:GLE)
Historical Stock Chart
From Apr 2024 to May 2024
Mj Gleeson (LSE:GLE)
Historical Stock Chart
From May 2023 to May 2024