Performance Share Plan Award to Directors/PDMRs

RNS Number : 1457A
MJ Gleeson PLC
25 September 2020
 

MJ GLEESON plc

Incorporated in England and Wales

Registration number: 09268016

LEI: 21380064K7N2W7FD6434

ISIN: GB00BRKD9Z53

 

 

25 September 2020

 

MJ Gleeson Plc

("the Company")

 

Performance Share Plan award to Directors/PDMRs

 

 

The Company announces that on 24 September 2020, under the Company's Long Term Incentive Plan (the "Plan"), James Thomson and Stefan Allanson, Chief Executive Officer and Chief Financial Officer respectively, have been awarded the following share options totalling 198,457 Ordinary shares of 2p each in the Company ("Performance Shares").

 

Directors

Number of Performance Shares Granted

James Thomson (Chief Executive Officer)

121,753

Stefan Allanson (Chief Financial Officer)

76,704

 

No consideration was paid for the grant of these conditional awards.

 

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 December 2019.

 

Vesting of the options is conditional upon achieving certain share price and commercial targets over their three-year performance period ending 30 June 2023. These targets will be disclosed in the Company's FY21 Annual Report.  A further two-year holding period in addition to the three-year vesting period applies to these awards.

 

Enquiries:

 

Leanne Johnson

Head of Legal and Company Secretary

MJ Gleeson plc

 

 

 

Tel: 01142 612 900

 

 

 

The information set out below is provided in accordance with the requirements of DTR3.1 and Article 19 of The EU Market Abuse Regulation.

1.

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

a)

First Name

James

 

b)

Last Name

Thomson

 

2.

Reasons for the notification

a)

Position / status

Chief Executive 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

121,753

 

 

 

d)

Aggregated information

-  Aggregated volume

-  Price

 

Not applicable- single transaction

e)

Date of the transaction

24 September 2020

 

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

76,704

 

 

 

d)

Aggregated information

-  Aggregated volume

-  Price

 

Not applicable - single transaction

e)

Date of the transaction

24 September 2020

 

f)

Place of the transaction

Off market

 

 

 

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