Brickability Group PLC
LEI: 213800SK28MWXB3K3P26
9 August 2024
Brickability Group PLC
(the "Company" or the "Group")
Director/PDMR shareholding
Brickability Group PLC, the leading construction materials distributor, announces that it has been informed that on 8 August 2024 Richard Cosgrove, Managing Director within the Bricks and Building Materials Division, exercised his vested 2020 LTIP options over 162,758 ordinary shares of 1 penny each in the Company ("Ordinary Shares"). Richard sold 78,135 Ordinary Shares at a price of 69.1250 pence each to cover the purchase costs and his tax liabilities.
Following this purchase, Richard Cosgrove is beneficially interested in 84,623 Ordinary Shares in the Group representing 0.03% of the issued share capital of the Company.
| Enquiries:
| |
| Brickability Group PLC John Richards, Chairman Frank Hanna, Chief Executive Officer Mike Gant, Chief Financial Officer
| via Montfort Communications |
| Peel Hunt LLP (Nominated Adviser & Broker) Ed Allsopp Tom Graham
| +44 (0) 20 7418 8900 |
| Montfort Communications James Olley Ella Henderson | +44 (0) 203 514 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, Importing, Distribution and Contracting. 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.
Founded 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.
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 information below, set out in accordance with article 19(3) of the UK Market Abuse Regulation, provides further details.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Richard Cosgrove | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Managing Director within the Bricks and Building Materials Division | ||||
| b) | Initial notification /Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Brickability Group PLC | ||||
| b) | LEI | 213800SK28MWXB3K3P26 | ||||
| 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
| ||||
| b) | Nature of the transaction | Exercise of 2020 vested LTIP options
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d) | Aggregated information - Aggregated volume - Price |
n/a - single transaction
| ||||
| e) | Date of the transaction | 8 August 2024 | ||||
| f) | Place of the transaction | Off market - new issue of shares | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Richard Cosgrove | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Managing Director within the Bricks and Building Materials Division | ||||
| b) | Initial notification /Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Brickability Group PLC | ||||
| b) | LEI | 213800SK28MWXB3K3P26 | ||||
| 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
| ||||
| b) | Nature of the transaction | Sale of sufficient shares to cover purchase costs & tax liabilities following exercise of vested 2020 LTIP options
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d) | Aggregated information - Aggregated volume - Price |
n/a - single transaction
| ||||
| e) | Date of the transaction | 8 August 2024 | ||||
| f) | Place of the transaction | London Stock Exchange - AIM | ||||
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