MEARS GROUP PLC

Director's Dealing • Mar 19, 2014

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RNS Number : 6787C

Mears Group PLC

19 March 2014

Mears Group PLC

("Mears" or the "Company")

19 March 2014

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons in accordance with DTR 3.1.2 R

The Company was notified on 18 March 2014 that Andrew Smith, Finance Director of Mears, had exercised share options over 72,967 ordinary shares of one pence each in the Company ("Ordinary Shares") as detailed below.

Date of grant	Scheme Type		Number  of Ordinary Shares over which options were exercised			Exercise price per Ordinary Share (pence)
21 April 2006		ESOP			6,087		1p
21 April 2006		ESOP			10,000		300p
28 October 2009		LTIP			13,980		1p
24 August 2010		LTIP			42,900		1p

Following the exercise, 5,000 Ordinary Shares were transferred to Mr. Smith's spouse.

The Company was notified on 18 March 2014 that Alan Long, Executive Director of Mears, had exercised share options over 42,088 ordinary shares of one penny each in the Company ("Ordinary Shares") as detailed below.

Date of grant	Scheme Type		Number  of Ordinary Shares over which options were exercised			Exercise price per Ordinary Share               (pence)
28 October 2009		LTIP		9,088			1p
24 August  2010		LTIP		33,000			1p

On 19 March 2014, the Company was also informed that Mr. Smith and his connected parties sold 72,967 Ordinary Shares at an average price of 493.0 pence per share. Following the transaction Mr. Smith and his connected parties continue to have an interest in 105,000 Ordinary Shares. Mr. Smith also has an interest in share options over 135,578 shares under the Share Plan 2013.

On 19 March 2014, the Company was also informed that Mr. Long sold 72,088 Ordinary Shares at an average price of 493.0 pence per share. Following the transaction Mr. Long has an interest in 36,230 Ordinary Shares. Mr. Long also has an interest in share options over 109,088 shares under the Share Plan 2013.

On 19 March 2014, the Company was also informed that Rory Macnamara, Non-Executive Director, bought 10,000 Ordinary Shares, at an average price of 498.1 pence per share. Mr. Macnamara had no previous holding.

Mears Group PLC     

Andrew Smith, Finance Director                                    Tel: +44(0)7712 866 461

Alan Long, Executive Director                                        Tel: +44(0)7979 966 453

www.mearsgroup.co.uk

Buchanan

Richard Darby/ Sophie McNulty/ Helen Greenwood          Tel: +44(0)20 7466 5000

www.buchanan.uk.com

This information is provided by RNS

The company news service from the London Stock Exchange

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