TIDMMBH

RNS Number : 7812O

Michelmersh Brick Holdings PLC

21 May 2018

21 May 2018

Michelmersh Brick Holdings plc

(the "Company")

Grant of Options

The Company announces that it has today granted a total of 59,119 options over ordinary shares of 20 pence each in the capital of the Company ("Options") to the following persons discharging managerial responsibilities (PDMRs), pursuant to the Company's Sharesave scheme (the "Scheme"):

 
 PDMR                      Existing   New Options   Total options 
                            options       granted            held 
                               held 
 Mick Brophy, Associate 
  Director                   24,287        39,946          64,233 
 Mark Wall, Associate 
  Director                   24,545        11,984          36,529 
 Carl Duncan, Associate 
  Director                   10,063         2,396          12,459 
 Martin Jump, Associate 
  Director                   10,212         4,793          15,005 
 

The Options vest from 2021 onwards and are exercisable at a price of 75.1 pence per share, subject to the individuals' continued participation in the Scheme. Following the above grants, the Company has a total of 2,327,460 ordinary shares currently under option, representing approximately 2.7 per cent of the Company's issued share capital.

For further information, please contact:

 
 Michelmersh Brick Holdings 
  Plc 
  Frank Hanna, Joint CEO 
  Stephen Morgan, Finance 
  Director                     01825 430 412 
 Cenkos Securities plc 
  Max Hartley (NOMAD) 
  Harry Hargreaves             020 7397 8900 
 

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 approximately 100 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.

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 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 websites at: www.mbhplc.co.uk and www.bimbricks.com

 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  -------------------------------------------------------------------- 
 a)    Name:                              Mick Brophy 
----  ---------------------------------  --------------------------------- 
 2     Reason for the notification 
----  -------------------------------------------------------------------- 
 a)    Position/Status:                   Associate Director / PDMR 
----  ---------------------------------  --------------------------------- 
 b)    Initial Notification/Amendment:    Initial Notification 
----  ---------------------------------  --------------------------------- 
 3     Details of the issuer, emission allowance market 
        participation, auction platform, auctioneer 
        or auction monitor 
----  -------------------------------------------------------------------- 
 a)    Name:                              Michelmersh Brick Holdings plc 
----  ---------------------------------  --------------------------------- 
 b)    LEI:                               213800CIFQFPAHIQE695 
----  ---------------------------------  --------------------------------- 
 4.    Details of 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                     Options over Ordinary Shares 
        the financial                      of 20 pence each 
        instrument: 
        Identification 
        code:                              ISIN: GB00B013H060 
----  ---------------------------------  --------------------------------- 
 b)    Nature of the                      Grant of options 
        transaction: 
----  ---------------------------------  --------------------------------- 
 c)    Price(s) and                       Price(s)         Volume(s) 
        volume(s): 
----  ---------------------------------  ---------------  ---------------- 
                                          -                39,946 
 --------------------------------------  ---------------  ---------------- 
       Aggregated volume:                 39,946 
 d)     Price:                             - 
----  ---------------------------------  --------------------------------- 
 e)    Date of the Transaction:           21 May 2018 
----  ---------------------------------  --------------------------------- 
 f)    Place of the                       Outside a trading venue 
        Transaction: 
----  ---------------------------------  --------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  -------------------------------------------------------------------- 
 a)    Name:                              Carl Duncan 
----  ---------------------------------  --------------------------------- 
 2     Reason for the notification 
----  -------------------------------------------------------------------- 
 a)    Position/Status:                   Associate Director / PDMR 
----  ---------------------------------  --------------------------------- 
 b)    Initial Notification/Amendment:    Initial Notification 
----  ---------------------------------  --------------------------------- 
 3     Details of the issuer, emission allowance market 
        participation, auction platform, auctioneer 
        or auction monitor 
----  -------------------------------------------------------------------- 
 a)    Name:                              Michelmersh Brick Holdings plc 
----  ---------------------------------  --------------------------------- 
 b)    LEI:                               213800CIFQFPAHIQE695 
----  ---------------------------------  --------------------------------- 
 4.    Details of 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                     Options over Ordinary Shares 
        the financial                      of 20 pence each 
        instrument: 
        Identification 
        code:                              ISIN: GB00B013H060 
----  ---------------------------------  --------------------------------- 
 b)    Nature of the                      Grant of options 
        transaction: 
----  ---------------------------------  --------------------------------- 
 c)    Price(s) and                       Price(s)         Volume(s) 
        volume(s): 
----  ---------------------------------  ---------------  ---------------- 
                                          -                2,396 
 --------------------------------------  ---------------  ---------------- 
       Aggregated volume:                 2,396 
 d)     Price:                             - 
----  ---------------------------------  --------------------------------- 
 e)    Date of the Transaction:           21 May 2018 
----  ---------------------------------  --------------------------------- 
 f)    Place of the                       Outside a trading venue 
        Transaction: 
----  ---------------------------------  --------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  -------------------------------------------------------------------- 
 a)    Name:                              Martin Jump 
----  ---------------------------------  --------------------------------- 
 2     Reason for the notification 
----  -------------------------------------------------------------------- 
 a)    Position/Status:                   Associate Director / PDMR 
----  ---------------------------------  --------------------------------- 
 b)    Initial Notification/Amendment:    Initial Notification 
----  ---------------------------------  --------------------------------- 
 3     Details of the issuer, emission allowance market 
        participation, auction platform, auctioneer 
        or auction monitor 
----  -------------------------------------------------------------------- 
 a)    Name:                              Michelmersh Brick Holdings plc 
----  ---------------------------------  --------------------------------- 
 b)    LEI:                               213800CIFQFPAHIQE695 
----  ---------------------------------  --------------------------------- 
 4.    Details of 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                     Options over Ordinary Shares 
        the financial                      of 20 pence each 
        instrument: 
        Identification 
        code:                              ISIN: GB00B013H060 
----  ---------------------------------  --------------------------------- 
 b)    Nature of the                      Grant of options 
        transaction: 
----  ---------------------------------  --------------------------------- 
 c)    Price(s) and                       Price(s)         Volume(s) 
        volume(s): 
----  ---------------------------------  ---------------  ---------------- 
                                          -                4,793 
 --------------------------------------  ---------------  ---------------- 
       Aggregated volume:                 4,793 
 d)     Price:                             - 
----  ---------------------------------  --------------------------------- 
 e)    Date of the Transaction:           21 May 2018 
----  ---------------------------------  --------------------------------- 
 f)    Place of the                       Outside a trading venue 
        Transaction: 
----  ---------------------------------  --------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  -------------------------------------------------------------------- 
 a)    Name:                              Mark Wall 
----  ---------------------------------  --------------------------------- 
 2     Reason for the notification 
----  -------------------------------------------------------------------- 
 a)    Position/Status:                   Associate Director / PDMR 
----  ---------------------------------  --------------------------------- 
 b)    Initial Notification/Amendment:    Initial Notification 
----  ---------------------------------  --------------------------------- 
 3     Details of the issuer, emission allowance market 
        participation, auction platform, auctioneer 
        or auction monitor 
----  -------------------------------------------------------------------- 
 a)    Name:                              Michelmersh Brick Holdings plc 
----  ---------------------------------  --------------------------------- 
 b)    LEI:                               213800CIFQFPAHIQE695 
----  ---------------------------------  --------------------------------- 
 4.    Details of 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                     Options over Ordinary Shares 
        the financial                      of 20 pence each 
        instrument: 
        Identification 
        code:                              ISIN: GB00B013H060 
----  ---------------------------------  --------------------------------- 
 b)    Nature of the                      Grant of options 
        transaction: 
----  ---------------------------------  --------------------------------- 
 c)    Price(s) and                       Price(s)         Volume(s) 
        volume(s): 
----  ---------------------------------  ---------------  ---------------- 
                                          -                11,984 
 --------------------------------------  ---------------  ---------------- 
       Aggregated volume:                 11,984 
 d)     Price:                             - 
----  ---------------------------------  --------------------------------- 
 e)    Date of the Transaction:           21 May 2018 
----  ---------------------------------  --------------------------------- 
 f)    Place of the                       Outside a trading venue 
        Transaction: 
----  ---------------------------------  --------------------------------- 
 

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END

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