8 November 2017
MJ Gleeson Plc
("the Company")
Notification of Transaction by Directors/PDMRs
In accordance with DTR 3.1 and Article 19 of The Market Abuse Regulation, the Company announces that it was notified on 7 November 2017 that North Atlantic Smaller Companies Investment Trust PLC and Oryx International Growth Fund Ltd, part of Harwood Capital LLP, to which Christopher Mills, Director of these Companies is a beneficiary, sold a total of 1,500,000 ordinary shares at an average price of 726.0333 pence per Ordinary Share. As a consequence of this transaction Mr. Mills is directly and indirectly interested, including those held by Related Persons, in 8,555,000 shares:
Shareholders
|
Shares Sold
|
Total held now |
Percentage of Issued Share Capital |
North Atlantic Smaller Companies Investment Trust plc |
1,000,000 |
7,000,000 |
12.82% |
Oryx International Growth Fund Ltd |
500,000 |
1,500,000 |
2.75% |
Harwood Capital LLP |
0 |
55,000 |
0.10% |
Total |
|
8,555,000 |
15.67% |
Following the above disposals, his current shareholdings, including those held by Related Persons, are as follows:
1. |
Details of PDMR / person closely associated with them ('CAP') |
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a) |
First Name |
Christopher |
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b) |
Last Name |
Mills |
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2. |
Reasons for the notification |
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a) |
Position / status |
Director |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Full name of the entity |
MJ Gleeson plc |
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b) |
Legal Entity Identifier code |
21380064K7N2W7FD6434 |
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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 |
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a) |
Description of the financial instrument Identification Code |
Ordinary Shares of £0.02 each
|
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b) |
Nature of the transaction |
Disposal via indirect holding through North Atlantic Smaller Companies Investment Trust PLC and Oryx International Growth Fund Ltd, part of Harwood Capital LLP. |
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c)
|
Price(s) and volume(s)
|
|
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d) |
Aggregated information - Aggregated volume - Price |
1,500,000 £7.260333 per share |
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e) |
Date of the transaction
|
7 November 2017
|
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f) |
Place of the transaction
|
London Stock Exchange (XLON)
|
Enquiries:
S Allanson
Chief Financial Officer & Company Secretary
MJ Gleeson plc Tel: 01142 612900