Remuneration Information • Apr 24, 2020
Remuneration Information
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RNS Number : 8538K
Michelmersh Brick Holdings PLC
24 April 2020
24 April 2020
Michelmersh Brick Holdings plc
(the "Company")
Grant of Options
The Company notifies that, on 24 April 2020, the following persons discharging managerial responsibilities (PDMRs) were granted a total of 37,500 Options, exercisable at nil cost, which vest on 31 March 2023 subject to continued employment by the Company:
| PDMR | Sharesave options held | Existing LTIP options held | New LTIP Options granted |
Total options held |
| Tim Barnett, Associate Director | - | 15,000 | 7,500 | 22,500 |
| Mick Brophy, Associate Director | 39,946 | 15,000 | 7,500 | 62,446 |
| Karen Johnson, Financial Controller | 2,396 | 13,756 | 7,500 | 23,652 |
| Martin Jump, Associate Director | - | 15,000 | 7,500 | 22,500 |
| Mark Wall, Associate Director | 11,984 | 15,000 | 7,500 | 34,434 |
.
Following the above grants, the Company has a total of 8,181,305 ordinary shares currently under option, representing approximately 8.73 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 |
| Canaccord Genuity Limited (Nomad and Broker) Bobbie Hilliam Georgina McCooke |
020 7523 8000 |
| Yellow Jersey PR Charles Goodwin Katie Bairsto |
07747 788 221 07946 424 651 |
About Michelmersh Brick Holdings PLC:
Michelmersh Brick Holdings PLC is a business with six market leading brands: Blockleys, Carlton, Charnwood, Freshfield Lane, Michelmersh, Hathern Terra Cotta and Floren. 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 120 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: | Tim Barnett | |
| 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 the financial instrument: Identification code: |
Options over Ordinary Shares of 20 pence each ISIN: GB00B013H060 |
|
| b) | Nature of the transaction: | Grant of options | |
| c) | Price(s) and volume(s): | Price(s) | Volume(s) |
| - | 7,500 | ||
| d) | Aggregated volume: Price: |
n/a single transaction | |
| e) | Date of the Transaction: | 24 April 2020 | |
| f) | Place of the Transaction: | Outside a trading venue |
| 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 the financial instrument: Identification code: |
Options over Ordinary Shares of 20 pence each ISIN: GB00B013H060 |
|
| b) | Nature of the transaction: | Grant of options | |
| c) | Price(s) and volume(s): | Price(s) | Volume(s) |
| - | 7,500 | ||
| d) | Aggregated volume: Price: |
n/a single transaction | |
| e) | Date of the Transaction: | 24 April 2020 | |
| f) | Place of the Transaction: | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name: | Karen Johnson | |
| 2 | Reason for the notification | ||
| a) | Position/Status: | Financial Controller / 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 the financial instrument: Identification code: |
Options over Ordinary Shares of 20 pence each ISIN: GB00B013H060 |
|
| b) | Nature of the transaction: | Grant of options | |
| c) | Price(s) and volume(s): | Price(s) | Volume(s) |
| - | 7,500 | ||
| d) | Aggregated volume: Price: |
n/a single transaction | |
| e) | Date of the Transaction: | 24 April 2020 | |
| f) | Place of the Transaction: | Outside a trading venue |
| 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 the financial instrument: Identification code: |
Options over Ordinary Shares of 20 pence each ISIN: GB00B013H060 |
|
| b) | Nature of the transaction: | Grant of options | |
| c) | Price(s) and volume(s): | Price(s) | Volume(s) |
| - | 7,500 | ||
| d) | Aggregated volume: Price: |
n/a single transaction | |
| e) | Date of the Transaction: | 24 April 2020 | |
| f) | Place of the Transaction: | Outside a trading venue |
| 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 the financial instrument: Identification code: |
Options over Ordinary Shares of 20 pence each ISIN: GB00B013H060 |
|
| b) | Nature of the transaction: | Grant of options | |
| c) | Price(s) and volume(s): | Price(s) | Volume(s) |
| - | 7,500 | ||
| d) | Aggregated volume: Price: |
n/a single transaction | |
| e) | Date of the Transaction: | 24 April 2020 | |
| f) | Place of the Transaction: | Outside a trading venue |
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