Exercise of Options & PDMR Dealing

MJ Gleeson PLC

27 September 2023

 

27 September 2023

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

Exercise of Options and PDMR Dealing

The Company announces that on 25 September 2023, certain employees exercised share options over 39,613 ordinary shares of 2 pence each in the capital of the Company ("Ordinary Shares") in connection with the Company's Long Term Incentive Plan, including Mark Knight, Chief Executive of Gleeson Homes and Leanne Johnson, Head of Legal and Company Secretary, both PDMRs, who, in aggregate, exercised share options over 22,695 Ordinary Shares.

Application has been made for the admission to trading of the new Ordinary Shares, which will rank pari passu in all respects with the Company's existing Ordinary Shares, on the Main Market of the London Stock Exchange and to listing on the Official List of the FCA, with dealings expected to commence on or around 2^nd October 2023.

Subsequent to the exercise of the share options, on 25 September 2023 Mark Knight has, sold 10,018 Ordinary Shares and Leanne Johnson has sold 618 Ordinary Shares at an average price of 425p pence (£4.25) per Ordinary Share in order to satisfy tax liabilities resulting from the exercise of the abovementioned options.

Following the completion of the exercise and the sale, the aggregate shareholdings of Mark Knight and Leanne Johnson will be:

Name	Aggregate shareholding (Ordinary Shares)	Percentage of total voting rights
Mark Knight	67,438	0.116
Leanne Johnson	2,426	0.004

Total Voting Rights

Following the completion of the issue of the new Ordinary Shares, the total number of issued Ordinary Shares will be 58,381,973. The Company does not hold any Ordinary Shares in Treasury.

Therefore, from completion of the issue of new Ordinary Shares the total number of Ordinary Shares with voting rights is 58,381,973 which may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's DTR.

Enquiries:

MJ Gleeson plc                                                       Tel: [phone]

Leanne Johnson                                                       Company Secretary

Stefan Allanson                                                        Chief Financial Officer

Singer Capital Markets                                                     Tel: [phone]

Shaun Dobson

James Moat

LEI: 21380064K7N2W7FD6434

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Knight
2	Reason for the notification
a)	Position/status	Chief Executive, Gleeson Homes
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	MJ Gleeson plc
b)	LEI	21380064K7N2W7FD6434
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 2 pence each
	Identification code	ISIN: GB00BRKD9Z53
b)	Nature of the transaction	1)  Exercise of Options into Shares 2)  Sale of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1)  Nil (exercise of options) 2)  425 pence	1)  21,252 2)  10,018
d)	Aggregated information
	- Aggregated volume	n/a
	- Price
e)	Date of the transaction	25 September 2023
f)	Place of the transaction	1)  Off market 2)  London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Leanne Johnson
2	Reason for the notification
a)	Position/status	Head of Legal and Company Secretary
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	MJ Gleeson plc
b)	LEI	21380064K7N2W7FD6434
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 2 pence each
	Identification code	ISIN: GB00BRKD9Z53
b)	Nature of the transaction	1)  Exercise of Options into Shares 2)  Sale of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1)  Nil (exercise of options) 2)  425 pence	1)  1,443 2)  618
d)	Aggregated information
	- Aggregated volume	n/a
	- Price
e)	Date of the transaction	25 September 2023
f)	Place of the transaction	3)  Off market 4)  London Stock Exchange (XLON)

 

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