Brickability Group PLC
LEI: 213800SK28MWXB3K3P26
14 June 2024
Brickability Group PLC
(the "Company" or the "Group")
Director/PDMR shareholding
Brickability Group PLC, a leading distributor and provider of specialist products and services to the UK construction industry, has been notified of the following transactions by a PDMR of the Company.
On 14 June 2024 Mike Gant, Chief Financial Officer, exercised 269,639 options over ordinary shares of 1 penny each in the Company ("Ordinary Shares"), which vested pursuant to an award granted on 4 June 2021 under the Brickability Group PLC Long-Term Inventive Plan.
In order to satisfy the personal tax liabilities and other costs arising on exercise, Mr Gant sold 129,507 Ordinary Shares each at a price of 67.1416 pence per Ordinary Share. In accordance with the Company's remuneration policy, Mr Gant will be required to hold the balance of the Ordinary Shares for a minimum period of two years from the date of vesting.
Following the transactions outlined above, Mike Gant is beneficially interested in a total of 140,132 Ordinary Shares representing approximately 0.04% of the Company's issued share capital.
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Enquiries:
Brickability Group PLC John Richards, Chairman Frank Hanna, Chief Executive Officer Mike Gant, Chief Financial Officer
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via Montfort Communications |
| Peel Hunt LLP (Nominated Adviser and Broker) Ed Allsopp Tom Graham
| +44 (0)20 7418 8900
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| Montfort Communications James Olley Ella Henderson
| +44 (0) 20 3514 0897 brickability@montfort.london |
About Brickability
| Brickability Group PLC is a leading distributor and provider of specialist products and services to the UK construction industry. The business comprises four divisions: Bricks and Building Materials, Contracting, Distribution, and Strategic Importing. With an agile, de-centralised, capital-light business model, supported by a strong balance sheet, Brickability leverages the skills of its people company-wide to effectively service the complex and evolving needs of the construction industry.
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| Incorporated in 1985, the Group has grown organically through product diversification and geographic expansion, as well as through the acquisition of specialist businesses that support its long-term strategy for growth. Today, the Group encompasses a diverse portfolio of market-leading brands and a dedicated team of over 800 skilled professionals, led by a management team with deep-rooted knowledge and experience in the UK and European construction industries.
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| The Group is committed to building better communities throughout the supply chain and supporting the delivery of sustainable developments that enhance the built environment for future generations, while delivering continuous value for shareholders. |
The notification below, made in accordance with the UK Market Abuse Regulation, provides further details.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Mike Gant
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| 2 | Reason for the notification | |||||||
| a) | Position/status | Chief Financial Officer
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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 | |||||||
| a) | Name | Brickability Group PLC
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| b) | LEI | 213800SK28MWXB3K3P26
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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 | |||||||
| a)
| Description of the financial instrument, type of instrument Identification code | Ordinary Shares
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| b) | Nature of the transaction | Exercise of share options
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| c)
| Price(s) and volume(s)
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| d) | Aggregated information - Aggregated volume - Price |
n/a - single transaction | ||||||
| e) | Date of the transaction | 14 June 2024
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| f) | Place of the transaction | Outside a trading venue
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| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Mike Gant
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| 2 | Reason for the notification | |||||||
| a) | Position/status | Chief Financial Officer
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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 | |||||||
| a) | Name | Brickability Group PLC
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| b) | LEI | 213800SK28MWXB3K3P26
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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 | |||||||
| a)
| Description of the financial instrument, type of instrument Identification code | Ordinary Shares
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| b) | Nature of the transaction | Sale of Ordinary Shares
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| c)
| Price(s) and volume(s)
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| d) | Aggregated information - Aggregated volume - Price |
n/a | ||||||
| e) | Date of the transaction | 14 June 2024
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| f) | Place of the transaction | London Stock Exchange - AIM
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