Director/PDMR Shareholding

RNS Number : 6754B
Mears Group PLC
11 June 2021
 

Mears Group PLC

("Mears" or "the Group" or "the Company")

Director/PDMR Shareholding

Grant of Deferred Bonus Share Plan awards

Mears Group PLC, the leading provider of services to the Housing sector in the UK, announces that on 10 June 2021 the following awards over ordinary shares of 1 pence each in the Company ("Shares") were granted under the Mears Group Deferred Bonus Share Plan to the following directors and persons discharging managerial responsibilities:

Director/ PDMR

Position

No. of Shares under award




David J Miles

Chief Executive Officer

32,245

Andrew Smith

Finance Director

21,499

Alan Long

Executive Director

17,590

The awards have been granted in the form of nominal-cost options and will normally become exercisable on 10 June 2024.

Contact information

Ben Westran, Company Secretary   Tel: +44(0)1452 634600

www.mearsgroup.co.uk

About Mears

Mears currently employs around 6,000 people and provides services in every region of the UK. In partnership with our Housing clients, we maintain, repair and upgrade the homes of hundreds of thousands of people in communities from remote rural villages to large inner-city estates. Mears has extended its activities to provide broader housing solutions to solve the challenge posed by the lack of affordable housing and to provide accommodation and support for the most vulnerable.

We focus on long-term outcomes for people rather than short-term solutions and invest in innovations that have a positive impact on people's quality of life and on their communities' social, economic and environmental wellbeing. Our innovative approaches and market leading positions are intended to create value for our customers and the people they serve while also driving sustainable financial returns for our providers of capital, especially our shareholders.

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014 ( as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).

Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

David Miles

2. 

Reason for the notification

a. 

Position/status

Chief Executive Officer

b. 

Initial notification

/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Mears Group PLC

b. 

LEI

213800DHCALLH8IRJV57

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 of 1p each

GB0005630420

b. 

Nature of the transaction

Issue of option under deferred share bonus plan

 

c. 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

0.01 GBP

32,245

d. 

Aggregated information

· Aggregated volume

· Price

 

 

Price(s)

 

Volume(s)

0.01 GBP

32,245

e. 

Date of the transaction

10 June 2021

f. 

Place of the transaction

Outside a trading venue

 

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Andrew Smith

2. 

Reason for the notification

a. 

Position/status

Chief Finance Officer

b. 

Initial notification

/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Mears Group PLC

b. 

LEI

213800DHCALLH8IRJV57

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 of 1p each

GB0005630420

b. 

Nature of the transaction

Issue of option under deferred share bonus plan

 

c. 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

0.01 GBP

21,499

d. 

Aggregated information

· Aggregated volume

· Price

 

 

Price(s)

 

Volume(s)

0.01 GBP

21,499

e. 

Date of the transaction

10 June 2021

f. 

Place of the transaction

Outside a trading venue

 

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Alan Long

2. 

Reason for the notification

a. 

Position/status

Executive Director

b. 

Initial notification

/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Mears Group PLC

b. 

LEI

213800DHCALLH8IRJV57

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 of 1p each

GB0005630420

b. 

Nature of the transaction

Issue of option under deferred share bonus plan

 

c. 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

0.01 GBP

17,590

d. 

Aggregated information

· Aggregated volume

· Price

 

 

Price(s)

 

Volume(s)

0.01 GBP

17,590

e. 

Date of the transaction

10 June 2021

f. 

Place of the transaction

Outside a trading venue

 

 

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Companies

Mears Group (MER)
UK 100

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