Director/PDMR Shareholding

MJ Gleeson PLC

26 September 2023

 

MJ GLEESON plc

Incorporated in England and Wales

Registration number: 09268016

LEI: 21380064K7N2W7FD6434

ISIN: GB00BRKD9Z53

26 September 2023

MJ Gleeson Plc

("the Company")

Performance Share Plan award to Directors and PDMRs

The Company announces that on 25 September 2023, under the Company's Long Term Incentive Plan (the "Plan"), that the Directors and Persons Discharging Management Responsibilities ("PDMR") listed below were granted nil-cost share options ("Option") over a total of 650,829 Ordinary shares of 2p each in the Company ("Shares").

DIRECTOR / PDMR	Number of Shares subject to Option
Graham Prothero (Chief Executive Officer)	195,845
Stefan Allanson (Chief Financial Officer)	121,783
Mark Knight (Chief Executive, Gleeson Homes)	72,535
Leanne Johnson (Company Secretary)	6,925

These awards were granted pursuant to the Plan approved by shareholders in December 2016 and amended by the Board in accordance with paragraph 19.2 of the Plan, in September 2023.

No consideration was paid for the grant of the Option. The number of Shares subject to the Option was calculated based on a share price of 426p, being the mid-market closing price, as derived from the London Stock Exchange daily Official List, for dealings on 22 September 2023

Vesting of the Option is conditional upon achieving certain performance targets over the three-year performance period ending 30 June 2026. For Graham Prothero and Stefan Allanson, these targets will be disclosed in the Company's FY23 Annual Report. 

The Option will vest, and will be capable of exercise as follows:

DIRECTOR / PDMR	Vesting period	Anticipated Vesting Date
Graham Prothero	5 years	The date the Company announces its financial results in 2028
Stefan Allanson	5 years	The date the Company announces its financial results in 2028
Mark Knight	3 years	The date the Company announces its financial results in 2026
Leanne Johnson	3 years	The date the Company announces its financial results in 2026

Enquiries:

Leanne Johnson Head of Legal and Company Secretary MJ Gleeson plc

Tel: [phone]

The Notification of Dealing Forms set out below are provided in accordance with the requirements of the UK Market Abuse Regulation.

1.	Details of PDMR / person closely associated with them ('CAP')
a)	First Name	Graham
b)	Last Name	Prothero
2.	Reasons for the notification
a)	Position / status	Chief Financial Officer
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	Grant of Options over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 195,845
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction
e)	Date of the transaction	25 September 2023
f)	Place of the transaction	Off market

1.	Details of PDMR / person closely associated with them ('CAP')
a)	First Name	Stefan
b)	Last Name	Allanson
2.	Reasons for the notification
a)	Position / status	Chief Financial Officer
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	Grant of Options over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 121,783
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction
e)	Date of the transaction	25 September 2023
f)	Place of the transaction	Off market

1.	Details of PDMR / person closely associated with them ('CAP')
a)	First Name	Mark
b)	Last Name	Knight
2.	Reasons for the notification
a)	Position / status	Chief Executive, Gleeson Homes
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	Grant of Options over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 72,535
d)	Aggregated information -      Aggregated volume -      Price	Not applicable- single transaction
e)	Date of the transaction	25 September 2023
f)	Place of the transaction	Off market

1.	Details of PDMR / person closely associated with them ('CAP')
a)	First Name	Leanne
b)	Last Name	Johnson
2.	Reasons for the notification
a)	Position / status	Company Secretary
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	Grant of Options over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 6,925
d)	Aggregated information -      Aggregated volume -      Price	Not applicable- single transaction
e)	Date of the transaction	25 September 2023
f)	Place of the transaction	Off market

 

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