Exercise and grant of share options

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

 

- Total

93.0 pence per share

 

£6,371.43



e)

 

Date of the transaction

17 May 2024

f)

 

Place of the transaction

Off market

 

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END
 
 

Companies

Mears Group (MER)
UK 100

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