Director/PDMR Shareholding

RNS Number : 4086X
MJ Gleeson PLC
23 November 2017
 

23 November 2017

 

MJ Gleeson Plc

("the Company")

 

Notification of Transaction by Directors/PDMRs

 

In accordance with DTR 3.1 and Article 19 of The Market Abuse Regulation, the Company announces that it was notified on 23 November 2017 that North Atlantic Smaller Companies Investment Trust PLC and Oryx International Growth Fund Ltd, part of Harwood Capital LLP, to which Christopher Mills, Director of these Companies is a beneficiary, sold a total of 1,500,000 ordinary shares at an average price of 725 pence per Ordinary Share. As a consequence of this transaction Mr. Mills is directly and indirectly interested, including those held by Related Persons, in 7,055,000 shares:

 

 

Shareholders

 

Shares Sold

 

Total held now

Percentage of Issued Share Capital

North Atlantic Smaller Companies Investment Trust plc

1,000,000

6,000,000

10.99%

Oryx International Growth Fund Ltd

500,000

1,000,000

1.83%

Harwood Capital LLP

0

55,000

0.10%

Total

 

7,055,000

12.92%

 

Following the above disposals, his current shareholdings, including those held by Related Persons, are as follows:

 

1.

Details of PDMR / person closely associated with them ('CAP')

a)

First Name

Christopher

b)

Last Name

Mills

2.

Reasons for the notification

a)

Position / status

Director

b)

Initial notification / amendment

Initial notification

3.

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

a)

Full name of the entity

MJ Gleeson plc

b)

Legal Entity Identifier code

21380064K7N2W7FD6434

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

Identification Code

Ordinary Shares of £0.02 each


GB00BRKD9Z53

b)

Nature of the transaction

Disposal via indirect holding through North Atlantic Smaller Companies Investment Trust PLC and Oryx International Growth Fund Ltd, part of Harwood Capital LLP.

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

£7.25 per share

1,500,000 shares

d)

Aggregated information

-      Aggregated volume

-      Price

 

1,500,000

£7.25 per share

e)

Date of the transaction

 

23 November 2017

 

f)

Place of the transaction

 

London Stock Exchange (XLON)

 

 

Enquiries:

 

S Allanson                  

Chief Financial Officer & Company Secretary

MJ Gleeson plc                                                                               Tel: 01142 612900

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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