REG - Brickability Group - Director/PDMR Shareholding

BrickabilityAnnouncement

14/06/2024 15:45

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RNS Number : 5662S  Brickability Group PLC  14 June 2024

 

 

Brickability Group PLC

LEI: 213800SK28MWXB3K3P26

 

14 June 2024

 

Brickability Group PLC

 

(the "Company" or the "Group")

 

Director/PDMR shareholding

 

Brickability Group PLC, a leading distributor and provider of specialist
products and services to the UK construction industry, has been notified of
the following transactions by a PDMR of the Company.

 

On 14 June 2024 Mike Gant, Chief Financial Officer, exercised 269,639 options
over ordinary shares of 1 penny each in the Company ("Ordinary Shares"), which
vested pursuant to an award granted on 4 June 2021 under the Brickability
Group PLC Long-Term Inventive Plan.

 

In order to satisfy the personal tax liabilities and other costs arising on
exercise, Mr Gant sold 129,507 Ordinary Shares each at a price of 67.1416
pence per Ordinary Share. In accordance with the Company's remuneration
policy, Mr Gant will be required to hold the balance of the Ordinary Shares
for a minimum period of two years from the date of vesting.

 

Following the transactions outlined above, Mike Gant is beneficially
interested in a total of 140,132 Ordinary Shares representing approximately
0.04% of the Company's issued share capital.

 

 Enquiries:

                                               via Montfort Communications

 Brickability Group PLC

 John Richards, Chairman

 Frank Hanna, Chief Executive Officer

 Mike Gant, Chief Financial Officer

 Peel Hunt LLP (Nominated Adviser and Broker)  +44 (0)20 7418 8900

 Ed Allsopp

 Tom Graham

 Montfort Communications                       +44 (0) 20 3514 0897

 James Olley                                   brickability@montfort.london

 Ella Henderson

 

About Brickability

 

 Brickability Group PLC is a leading distributor and provider of specialist
 products and services to the UK construction industry. The business comprises
 four divisions: Bricks and Building Materials, Contracting, Distribution, and
 Strategic Importing. With an agile, de-centralised, capital-light business
 model, supported by a strong balance sheet, Brickability leverages the skills
 of its people company-wide to effectively service the complex and evolving
 needs of the construction industry.

 Incorporated in 1985, the Group has grown organically through product
 diversification and geographic expansion, as well as through the acquisition
 of specialist businesses that support its long-term strategy for growth.
 Today, the Group encompasses a diverse portfolio of market-leading brands and
 a dedicated team of over 800 skilled professionals, led by a management team
 with deep-rooted knowledge and experience in the UK and European construction
 industries.

 The Group is committed to building better communities throughout the supply
 chain and supporting the delivery of sustainable developments that enhance the
 built environment for future generations, while delivering continuous value
 for shareholders.

 

The notification below, made in accordance with the UK Market Abuse
Regulation, provides further details.

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Mike Gant

 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                                                         Brickability Group PLC

 b)   LEI                                                          213800SK28MWXB3K3P26

 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  Ordinary Shares

      Identification code                                          GB00BK63S759

 b)   Nature of the transaction                                    Exercise of share options

 c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                                                   £0.01     269,639

 

 d)   Aggregated information

      - Aggregated volume                                          n/a - single transaction

      - Price
 e)   Date of the transaction                                      14 June 2024

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a - single transaction

e)

Date of the transaction

14 June 2024

 

f)

Place of the transaction

Outside a trading venue

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Mike Gant

 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                                                         Brickability Group PLC

 b)   LEI                                                          213800SK28MWXB3K3P26

 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  Ordinary Shares

      Identification code                                          GB00BK63S759

 b)   Nature of the transaction                                    Sale of Ordinary Shares

 c)   Price(s) and volume(s)

Price(s)    Volume(s)
                                                                   £0.671416   129,507

 

 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price
 e)   Date of the transaction                                      14 June 2024

 f)   Place of the transaction                                     London Stock Exchange - AIM

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

e)

Date of the transaction

14 June 2024

 

f)

Place of the transaction

London Stock Exchange - AIM

 

 

 

 

 

 

 

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