REG - Mears Grp PLC - Exercise and grant of share options

MearsAnnouncement

20/05/2024 09:00

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RNS Number : 0775P  Mears Group PLC  20 May 2024

20 May 2024

 

Mears Group plc

("Mears" or the "Company")

 

Exercise and grant of share options

 

Mears Group PLC (LSE: MER) announces that on 17 May 2024, Mr Lucas Critchley,
Chief Executive Officer, exercised options over 6,851 ordinary shares of 1
penny each in the Company ("Ordinary Shares") in connection with the Company's
Sharesave plan, at an exercise price of 93.0 pence per share.

 

Following this purchase, Mr Critchley has an interest in 11,017 Ordinary
Shares representing approximately 0.01 per cent. of the Company's voting share
capital.

 

In addition, on 17 May 2024, Mr Critchley was granted 6,352 options over
Ordinary Shares under the Company's Sharesave plan. The award has been granted
with an exercise price of 292p and will normally become exercisable on 1 July
2027.

 

 

 For further information, contact:

 Mears Group PLC                    Tel: +44(0)1452 634 600
 Andrew Smith

 Deutsche Numis                     Tel: +44(0)207 260 1000
 Julian Cater
 Kevin Cruickshank

 Panmure Gordon                     Tel: +44(0)207 886 2500
 Tom Scrivens
 James Sinclair-Ford

 

 

 

 

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                                                         Lucas Critchley
 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                                                         Mears Group PLC
 b)   LEI                                                          213800DHCALLH8IRJV57
 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 1 pence each

      Identification code                                          GB0005630420
 b)   Nature of the transaction                                    Purchase of shares
 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     93.0p             6,851

 d)   Aggregated information

      - Aggregated volume                                          6,851

      - Price                                                      93.0 pence per share

      - Total                                                      £6,371.43

 e)   Date of the transaction                                      17 May 2024

 f)   Place of the transaction                                     Off market

 

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