Incentive Plan Share Issue

RNS Number : 2416V

MJ Gleeson PLC

02 December 2019

 

MJ Gleeson plc

(GLE.L)

For immediate release               

MJ Gleeson plc ("Gleeson" or the "Company")

Incentive Plan Share Issue

The Company announces that it has reached agreement with Jolyon Harrison, who stepped down as CEO on 10 June 2019, to vest a total of 633,730 ordinary shares of 2 pence each in the capital of the Company ("Ordinary Shares"), pursuant to rights awarded to him, in accordance with the Company's Performance Share Plan and Long Term Incentive Plan (together the "Incentive Plan"). The settlement agreement with the Company is full and final.

ENDS

2 December 2019

Notes:

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The person responsible for arranging the release of this announcement on behalf of the Company is Stefan Allanson, Chief Financial Officer.

LEI: 21380064K7N2W7FD6434

Enquiries:

MJ Gleeson plc                                                        Tel: [phone]

James Thomson                Chief Executive Officer        

Stefan Allanson                 Chief Financial Officer

Instinctif Partners                                                  Tel: [phone]

Mark Garraway

 

END

 

 

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