REG - Ibstock PLC - Director/PDMR Shareholding

IbstockAnnouncement

12/06/2024 16:00

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RNS Number : 1988S  Ibstock PLC  12 June 2024

LEI: 2138003QHTNX34CN9V93

 

Ibstock Plc (the "Company")

 

Exercise of Awards under the Ibstock Plc Long Term Incentive Plan

 

Notification of Transactions by Persons Discharging Managerial Responsibility
("PDMRs")

 

Following the vesting of share options granted to Joe Hudson (Chief Executive
Officer) and Chris McLeish (Chief Financial Officer) under the Ibstock Plc
Long Term Incentive Plan ("LTIP"), the Company was notified that on 10 June
2024 the following exercise and sale transactions took place.

 

Joe Hudson and Chris McLeish exercised options over Ibstock Plc ordinary
shares of 1 penny each ("Ordinary Shares") granted under the LTIP as laid out
in the table below selling sufficient shares to cover the appropriate tax and
national insurance liabilities with the balance being retained.

 

 Name           Scheme Plan  Grant Date  No of Shares exercised  Sale Date  Number of Shares sold  Price     Number of shares retained
 Joe Hudson     2020 LTIP    14/4/20     126,623                 10/6/24    59,662                 £1.5602   66,961
 Joe Hudson     2021 LTIP    25/3/21     94,293                  10/6/24    44,429                 £1.5602   49,864
 Chris McLeish  2021 LTIP    25/3/21     63,442                  10/6/24    29,893                 £1.5602   33,549

 

A two-year holding period will apply to the LTIP award following vesting.

 

Following these transactions, Joe Hudson's and Chris McLeish's total
shareholding in the Company is 178,234 and 188,810 respectively.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them:

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Joe Hudson
 2    Reason for the notification
 a)   Position/status                                              Chief Executive Officer
 b)   Initial notification / Amendment                             Initial notification
 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Ibstock Plc
 b)   LEI                                                          2138003QHTNX34CN9V93
 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 of 1p each

      Identification code                                          GB00BYXJC278
 b)   Nature of the transaction                                    1. Shares transferred to the PDMR from the exercise of vested awards under the

                                                                 Ibstock Plc Long Term Incentive Plan; and

                                                                   2. Sale of shares to cover income tax and NI liability due on the exercise of
                                                                   these awards.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                   (1)                   Nil                   116,825
                                                                   (2)                   £1.5602               104,091

 d)   Aggregated information

      - Aggregated volume                                          220,916
      - Price                                                      £0.7352
 e)   Date of the transaction                                      10/6/24
 f)   Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

 

 

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Chris McLeish
 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                                                         Ibstock Plc
 b)   LEI                                                          2138003QHTNX34CN9V93
 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 of 1p each

      Identification code                                          GB00BYXJC278
 b)   Nature of the transaction                                    1. Shares transferred to the PDMR from the exercise of vested awards under the

                                                                 Ibstock Plc Long Term Incentive Plan; and

                                                                   2. Sale of shares to cover income tax and NI liability due on the exercise of
                                                                   these awards.
 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                   (1)                   Nil                   33,549
                                                                   (2)                   £1.5602               29,893

 d)   Aggregated information

      - Aggregated volume                                          63,442
      - Price                                                      £0.7352
 e)   Date of the transaction                                      10/6/24
 f)   Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

Enquiries:

 

 Ibstock Plc   01530 261 999
 Becky Parker

 

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