Director/PDMR Shareholding

RNS Number : 0315N

Gleeson(M J)Group PLC

22 July 2014

 

22 July 2014

MJ GLEESON GROUP PLC (the "Company")

Director/PDMR Shareholding

The Company announces that on 21 July 2014 it received notice of the vesting of conditional shares awarded in December 2010 under the performance share plan. 

A total of 429,709 ordinary shares of 2 pence each in the Company ("Ordinary Shares") vested to the following Directors and Person Discharging Managerial Responsibilities, pursuant to the Company's performance share plan which was approved by the Company's shareholders in December 2007 (the "PSP").

The performance shares vested on 15 July 2015, having met the performance criteria in full. The exercise price under the PSP was nil pence per Ordinary Share.

Name	Position	Number of Ordinary Shares vested
Jolyon Harrison	Director	242,857
Alan Martin	Director	138,888
Scott Chamberlin	PDMR	47,964

This notification is made in accordance with DTR 3.1.4 R(1).

Enquiries:

M J Gleeson Group plc

Alan Martin Chief Financial Officer 01252 360 300

Notes to Editors

MJ Gleeson Group plc operates in the house building sector through the following business units; Gleeson Homes, which focuses on estate regeneration and housing development on brownfield land in the North of England; and Gleeson Strategic Land, which purchases options over land in the South of England with the objective of enhancing the value of the site concerned by securing residential planning permission.

 

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