TIDMGLE

RNS Number : 9690V

MJ Gleeson PLC

08 November 2017

8 November 2017

MJ Gleeson Plc

("the Company")

Notification of Transaction by Directors/PDMRs

In accordance with DTR 3.1 and Article 19 of The Market Abuse Regulation, the Company announces that it was notified on 7 November 2017 that North Atlantic Smaller Companies Investment Trust PLC and Oryx International Growth Fund Ltd, part of Harwood Capital LLP, to which Christopher Mills, Director of these Companies is a beneficiary, sold a total of 1,500,000 ordinary shares at an average price of 726.0333 pence per Ordinary Share. As a consequence of this transaction Mr. Mills is directly and indirectly interested, including those held by Related Persons, in 8,555,000 shares:

 
    Shareholders          Shares   Total held       Percentage 
                            Sold          now        of Issued 
                                                 Share Capital 
--------------------  ----------  -----------  --------------- 
 North Atlantic 
  Smaller Companies 
  Investment Trust 
  plc                  1,000,000    7,000,000           12.82% 
--------------------  ----------  -----------  --------------- 
 Oryx International 
  Growth Fund Ltd        500,000    1,500,000            2.75% 
--------------------  ----------  -----------  --------------- 
 Harwood Capital 
  LLP                          0       55,000            0.10% 
--------------------  ----------  -----------  --------------- 
 Total                              8,555,000           15.67% 
--------------------  ----------  -----------  --------------- 
 

Following the above disposals, his current shareholdings, including those held by Related Persons, are as follows:

 
 1.   Details of PDMR / person closely associated 
       with them ('CAP') 
---  ------------------------------------------------------------------ 
 a)   First Name                      Christopher 
---  ------------------------------  ---------------------------------- 
 b)   Last Name                       Mills 
---  ------------------------------  ---------------------------------- 
 2.   Reasons for the notification 
---  ------------------------------------------------------------------ 
 a)   Position / status               Director 
---  ------------------------------  ---------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
---  ------------------------------  ---------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------------ 
 a)   Full name of                    MJ Gleeson plc 
       the entity 
---  ------------------------------  ---------------------------------- 
 b)   Legal Entity                    21380064K7N2W7FD6434 
       Identifier code 
---  ------------------------------  ---------------------------------- 
 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 GBP0.02 
       the financial                   each 
       instrument 
       Identification                  GB00BRKD9Z53 
       Code 
---  ------------------------------  ---------------------------------- 
 b)   Nature of the                   Disposal via indirect holding 
       transaction                     through North Atlantic Smaller 
                                       Companies Investment Trust 
                                       PLC and Oryx International 
                                       Growth Fund Ltd, part of Harwood 
                                       Capital LLP. 
---  ------------------------------  ---------------------------------- 
 c)   Price(s) and                      Price(s)      Volume(s) 
       volume(s)                        ------------  ----------------- 
                                         GBP7.35 per   10,000 shares 
                                          share 
                                        ------------  ----------------- 
                                         GBP7.35 per   145,000 shares 
                                          share 
                                        ------------  ----------------- 
                                         GBP7.25 per   1,345,000 shares 
                                          share 
                                        ------------  ----------------- 
---  ------------------------------  ---------------------------------- 
 d)        Aggregated information      1,500,000 
             *    Aggregated volume     GBP7.260333 per share 
 
 
             *    Price 
---  ------------------------------  ---------------------------------- 
 e)   Date of the transaction         7 November 2017 
---  ------------------------------  ---------------------------------- 
 f)   Place of the                    London Stock Exchange (XLON) 
       transaction 
---  ------------------------------  ---------------------------------- 
 

Enquiries:

S Allanson

Chief Financial Officer & Company Secretary

MJ Gleeson plc Tel: 01142 612900

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHBPBFTMBAMBBR

(END) Dow Jones Newswires

November 08, 2017 11:54 ET (16:54 GMT)

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