Director/PDMR Shareholding

RNS Number : 2218L

MJ Gleeson PLC

29 September 2016

 

29 September 2016

MJ Gleeson Plc

("the Company")

Notification of Transaction by Director

In accordance with DTR 3.1 and Article 19 of The Market Abuse Regulation, the Company announces that it was notified on 28 September 2016 that North Atlantic Smaller Companies Investment Trust PLC, part of Harwood Capital LLP, to which Christopher Mills, Director of the Company is a beneficiary, sold 1,000,000 ordinary shares at an average price of 600 pence per Ordinary Share. As a consequence of this transaction Mr. Mills' is directly and indirectly interested, including those held by Related Persons, in 10,055,000 shares:

Shareholder	Shares Sold	Total held now	Percentage of Issued Share Capital
North Atlantic Smaller Companies Investment Trust plc	1,000,000	8,000,000	14.78%
Oryx International Growth Fund Ltd	0	2,000,000	3.70%
Roy Nominees	0	55,000	0.10%
Total		10,055,000	18.58%

Following the above disposal, his current shareholding, including those held by Related Persons, is as follows:

1.	Details of PDMR / person closely associated with them ('CAP')
a)	Name	Christopher Mills
b)	Position / status	Director
c)	Initial notification / amendment	Initial notification
2.	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	Ordinary Shares of £0.02 each
b)	Nature of the transaction	Disposal via indirect holding through North Atlantic Smaller Companies Investment Trust PLC, part of Harwood Capital LLP.
c)	Price(s) and volume(s)	Price(s) Volume(s) 600 pence per share 1,000,000 shares Note: this was a single transaction.
d)	Aggregated information Aggregated volume Price	Not applicable - single transaction.
e)	Date of the transaction	28 September 2016
f)	Place of the transaction	London Stock Exchange (XLON)

Enquiries:

S Allanson              

Chief Financial Officer

MJ Gleeson plc                                                               Tel: [phone]

 

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