MJ GLEESON PLC

Remuneration Information • Nov 12, 2019

National Storage Mechanism | Additional information

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RNS Number : 1678T

MJ Gleeson PLC

12 November 2019

12 November 2019

MJ Gleeson plc ("Gleeson" or the "Company")

Performance Share Plan award to Directors/PDMRs

The Company announces that on 11 November 2019 Stefan Allanson, Chief Financial Officer, exercised share options ("Share Options") over 73,531 ordinary shares of 2 pence each in the capital of the Company ("Ordinary Shares") in connection with the Company's Long Term Incentive Plan ("LTIP").

Application has been made for the admission to trading of the new Ordinary Shares, which rank pari passu in all respects 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 15 November 2019.

Subsequent to the exercise and issue of the new Ordinary Shares, the Company has been notified that Stefan Allanson sold 34,663 Ordinary Shares at a price of £8.00 per Ordinary Share in order to satisfy tax liabilities resulting from the exercise of the above-mentioned options.  Following the exercise and the sale, Stefan Allanson's shareholding has increased to 55,765 Ordinary Shares in the Company, representing 0.1 per cent. of the total voting rights in the Company.

Total Voting Rights

Following the issue of the new Ordinary Shares the total number of issued Ordinary Shares is 54,675,284. The Company does not hold any Ordinary Shares in Treasury.

Therefore, the total number of Ordinary Shares with voting rights is 54,675,284 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 DTR.

Enquiries:

MJ Gleeson plc                                                         Tel: 44 1142 612 900

James Thomson                     Interim Chief Executive Officer        

Stefan Allanson                       Chief Financial Officer

Instinctif Partners                                                     Tel: 44 20 7457 2020

Mark Garraway

James Gray

N+1 Singer                                                                 Tel: 44 20 7496 3000

Shaun Dobson

Rachel Hayes

Liberum                                                                      Tel: 44 20 3100 2222

Neil Patel

Richard Bootle

The following notifications are intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 (the Market Abuse Regulation).

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stefan Allanson

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

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 the financial instrument, type of instrument

Identification code

Ordinary shares of 2 pence each

GB00BRKD9Z53

b)

Nature of the transaction

Exercise of Share Options

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil (exercise of options)	73,531

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

11 November 2019

f)

Place of the transaction

Off market

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

Identification code

Ordinary shares of 2 pence each

GB00BRKD9Z53

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
800p	34,663

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

11 November 2019

f)

Place of the transaction

London Stock Exchange (XLON)

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