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Michelmersh Brick (MBH)

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Friday 06 August, 2021

Michelmersh Brick

Block Admission of Ordinary Shares

RNS Number : 9090H
Michelmersh Brick Holdings PLC
06 August 2021
 

06 August 2021

 

 

Michelmersh Brick Holdings Plc

 

(the "Company")

 

Block Admission of Ordinary Shares

 

The Company announces that application has been made for a block admission of 612,920 ordinary shares of 20 pence each in the capital of the Company ("Ordinary Shares") to be admitted to trading on AIM, under which new Ordinary Shares will be issued from time to time by the Company pursuant to exercises of options under the Company's Save As You Earn scheme.

 

New Ordinary Shares issued under the block admission will rank pari passu in all respects with existing Ordinary Shares, and it is expected that admission will become effective at 8.00 a.m. on or around 12 August 2021. There is no change to the Company's issued share capital as a result of this block admission.

 

For further information, please contact:

 

Michelmersh Brick Holdings plc  

Frank Hanna, Joint CEO  Tel: +44 (0)1825 430412

Ryan Mahoney, CFO

 

Canaccord Genuity Limited (NOMAD and Broker)                Tel: +44 (0)20 7523 8000

Bobbie Hilliam

Georgina McCooke

 

Yellow Jersey PR  

Charles Goodwin   Tel: +44 (0)7747 788 221

Annabel Atkins                                                                               Tel: +44 (0)7983 557 851

 

 

About Michelmersh Brick Holdings PLC: Michelmersh Brick Holdings PLC is a business with seven market leading brands: Blockleys, Carlton, Charnwood, Freshfield Lane, Michelmersh, Hathern Terra Cotta and Floren. These divisions operate within a fully integrated business combining the manufacture of clay bricks and pavers. The Group also includes a landfill operator, New Acres Limited, and seeks to develop future landfill and development opportunities on ancillary land assets. Established in 1997 the Company has grown through acquisition and organic growth into a profitable and asset rich business, producing over 120 million clay bricks and pavers per annum. Michelmersh currently owns most of the UK's premium manufacturing brands and is a leading specification brick and clay paving manufacturer. Michelmersh strives to be a well invested, long term, sustainable, environmentally responsible business. Opportunity, training and security for all employees, whilst meeting the needs of stakeholders are at the forefront of everything we do. We aim to lead the way in producing some of Britain's premium clay products and enhancing our environment by adding value to the architectural landscape for generations to come

 

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