Grant of Options

RNS Number : 0261N

Michelmersh Brick Holdings PLC

22 July 2014

 

Michelmersh Brick Holdings plc (the "Company")

Grant of options

The Company announces that on 21 July 2014, the following options were granted over ordinary shares in the Company of 20 pence nominal value ("Options") to Executive Directors under the Michelmersh Brick Holdings Plc Group Share Option plan.

Director	Position	Number of Options granted	Exercise price	Total number of Options held following grant
Martin Warner	Chief Executive	41,000	72.75p	41,000
Frank Hanna	Commercial Director	41,000	72.75p	41,000
Stephen Morgan	Finance Director	41,000	72.75p	41,000
Peter Sharp	Group Operations Director	41,000	72.75p	104,157*

*Following the subsequent grant of Options, above, Mr Sharp now owns 104,157 options, with 63,157 of these Options held under the Company Share Save Scheme. Prior to the above grant of Options, on 21 July 2014 Peter Grant surrendered 12,500 Share Save options at a price of 95 pence per ordinary share.

The new Options were granted to the four Executive Directors under an approved option, and may be exercised at any time between 18 July 2017 and 17 July 2024.

22 July 2014

Enquiries

Michelmersh Brick Holdings Martin Warner, CEO Stephen Morgan, Finance Director	01825 430 413
Cenkos Securities plc Bobbie Hilliam (NOMAD) Harry Pardoe	020 7397 8900
Yellow Jersey PR Kelsey Traynor Dominic Barretto	07799 003 220 07768 537 739

 

END

 

 

RDSSELFIEFLSEFW