Vesting of LTIP Awards and PDMR Shareholding

Brickability Group PLC
22 November 2023
 

Brickability Group PLC 

22 November 2023

 

 

Brickability Group plc

("Brickability" or "the Group")

 

Vesting of Awards under LTIP and Director/PDMR Shareholding

Brickability Group plc (AIM: BRCK), the leading construction materials distributor, announces that 2020 awards under the Group's Long-Term Incentive Plan 2019 ("LTIP") have today vested in respect of an aggregate of 4,136,492 options to subscribe for new ordinary shares of 1 pence each in the Company (the "Vested LTIP Options").

The interests of the Company's persons discharging managerial responsibilities in the Vested LTIP Options, which are exercisable at nominal value, are set out below.

PDMR

Number of Vested LTIP Options

Simon Pearson

397,336

Andrew Wilson

346,765

 

The notifications below, provided in accordance with article 19 of the UK Market Abuse Regulation, provide further details.

 

For further information please contact:

 

Brickability Group plc

John Richards, Chairman

Alan Simpson, CEO

Mike Gant, CFO

via Montfort Communications

 


Cavendish Capital Markets Limited (Nominated adviser and broker)

Ben Jeynes, George Lawson (Corporate Finance)

Julian Morse, Michael Johnson (Sales)

+44 (0) 207 220 0500

 


Montfort Communications

James Olley

Ella Henderson

 +44 (0) 203 514 0897

 


 

About Brickability

 

Brickability is a leading construction materials distributor, serving customers across the UK and Europe for over 37 years through its national and local networks. The Group operates from over 70 locations across the country and has more than 700 employees.

 

 

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1.   Simon Pearson

2.   Andrew Wilson

2

Reason for the notification

a)

Position/status

1.   PDMR, Managing Director Roofing Services

2.   PDMR, Managing Director Import Division

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

Identification code

Ordinary shares of 1 pence each


GB00BK63S759

 

b)

Nature of the transaction

Vesting of LTIP awards

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

1.   nil

2.   nil

1.   397,336

2.   346,765



 

 

d)

Aggregated information

- Aggregated volume

- Price

 

1.   n/a

2.   n/a

e)

Date of the transaction

1.   22 November 2023

2.   22 November 2023

 

f)

Place of the transaction

Outside of a trading venue

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100