Director/PDMR Shareholding

RNS Number : 6686R

Gleeson(M J)Group PLC

15 September 2014

 

M J GLEESON GROUP PLC (the "Company")

Director Shareholding

The Company was notified on 12 September 2014 that, on 12 September 2014, Alan Martin, Chief Financial Officer of the Company, sold 1,425 ordinary shares of 2 pence each ("Ordinary Shares") at a price of £3.78 per Ordinary Shares, pursuant to the terms of a trading plan entered into on 10 July 2014.

The principal purpose of this sale is to settle income tax and national insurance liabilities arising from the Ordinary Shares that recently vested, pursuant to the Company's performance share plan which was approved by the Company's shareholders in December 2007, as notified on the 22 July 2014.

Following this transaction, Alan Martin holds 55,047 Ordinary Shares, which represents 0.10 per cent. of issued share capital of the Company.

This notification is made in accordance with DTR 3.1.4 R(1). 

Enquiries:

M J Gleeson Group plc

Alan Martin Chief Financial Officer 01252 360 300

Notes to Editors

MJ Gleeson Group plc operates in the house building sector through the following business units; Gleeson Homes, which focuses on estate regeneration and housing development on brownfield land in the North of England; and Gleeson Strategic Land, which purchases options over land in the South of England with the objective of enhancing the value of the site concerned by securing residential planning permission.

 

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