Issue of Equity

RNS Number : 4254V

Gleeson(M J)Group PLC

16 December 2013

 

16 December 2013

MJ GLEESON GROUP PLC (the "Company")

Issue of Equity

The Company advises that an application has been made for 214,939 new ordinary shares to be admitted to trading on the Main Market of the London Stock Exchange and to listing on the Official List of the UKLA.  The application relates to the issue of shares under the Company's performance share plan which was approved by the Company's shareholders in December 2007.  The Remuneration Committee has resolved that the performance conditions attaching to the awards have been satisfied.

The 214,939 new ordinary shares will rank pari passu with all existing ordinary shares.  Dealings in the new ordinary shares are expected to commence at 8a.m. on 17 December 2013.  The total number of ordinary shares with voting rights in issue following the issue of these new ordinary shares will be 53,091,426.

Enquiries:

M J Gleeson Group plc                                                                       

Jolyon Harrison                       Chief Executive Officer           0114 261 2900

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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