Michelmersh Brick Holdings PLC Exercise of Options (5568M)
30 April 2018 - 7:30PM
UK Regulatory
TIDMMBH
RNS Number : 5568M
Michelmersh Brick Holdings PLC
30 April 2018
30 April 2018
Michelmersh Brick Holdings plc
(the "Company")
Exercise of Options
The Company notifies that, following an exercise of share
options pursuant to the Company Share Option Plan, application has
been made for 966 ordinary shares of 20 pence each in the capital
of the Company ("New Ordinary Shares") to be admitted to trading on
AIM. The New Ordinary Shares will rank pari-passu with existing
ordinary shares and it is expected that admission will occur on or
around 8.00 a.m. on 2 May 2018.
Following admission of the New Ordinary Shares, the Company's
issued ordinary share capital will comprise 86,213,630 ordinary
shares, of which none are held in treasury. Therefore, the total
number of ordinary shares with voting rights in the Company
following Admission will be 86,213,630, which 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
a change to their interest in the Company under the FCA's
Disclosure Guidance and Transparency Rules.
For further information, please contact:
Michelmersh Brick Holdings Plc
Frank Hanna, Joint CEO
Stephen Morgan, Finance Director 01825 430 413
Cenkos Securities plc
Max Hartley (NOMAD)
Harry Hargreaves 020 7397 8900
Yellow Jersey PR 07747 788 221
Charles Goodwin 07946 424 651
Katie Bairsto
About Michelmersh Brick Holdings PLC:
Michelmersh Brick Holdings PLC is a business with six market
leading brands: Blockleys, Carlton, 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 over 100 million clay bricks, tiles and pavers per annum.
Michelmersh 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 environment by adding value to the architectural
landscape for generations to come.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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