20 December 2019
MJ Gleeson plc ("Gleeson" or the "Company")
Exercise of options, PDMR Dealing and Total Voting Rights
The Company announces that on 19 December 2019 Stefan Allanson, Chief Financial Officer, exercised share options ("Share Options") over 28,421 ordinary shares of 2 pence each in the capital of the Company ("Ordinary Shares") in connection with the Company's Long Term Incentive Plan ("LTIP").
Application has been made for the admission to trading of the new Ordinary Shares, which will rank pari passu in all respects with the Company's existing Ordinary Shares, on the Main Market of the London Stock Exchange and to listing on the Official List of the UKLA, with dealings expected to commence on or around 6 January 2020.
Subsequently, the Company has been notified that Stefan Allanson sold 13,398 Ordinary Shares (the "Sale") at a price of 939.4 pence per Ordinary Share in order to satisfy tax liabilities resulting from the exercise of the above-mentioned options. Following the exercise of the Share Options and the Sale, Stefan Allanson's shareholding has increased to 70,851 Ordinary Shares in the Company, representing 0.1 per cent. of the total voting rights in the Company.
Total Voting Rights
Following the issue of the new Ordinary Shares the total number of Ordinary Shares in issue is 55,337,435. The Company does not hold any Ordinary Shares in Treasury.
Therefore, the total number of Ordinary Shares with voting rights is 55,337,435 which may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Transparency Rules.
Enquiries:
MJ Gleeson plc Tel: 44 1142 612 900
James Thomson Interim Chief Executive Officer
Stefan Allanson Chief Financial Officer
Instinctif Partners Tel: 44 20 7457 2020
Mark Garraway
James Gray
N+1 Singer Tel: 44 20 7496 3000
Shaun Dobson
Rachel Hayes
Liberum Tel: 44 20 3100 2222
Neil Patel
Richard Bootle
The following notifications are intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 (the Market Abuse Regulation).
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Stefan Allanson | ||||
| 2
| Reason 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)
| Name
| MJ Gleeson plc | ||||
| b)
| LEI
| 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, type of instrument
Identification code
| Ordinary shares of 2 pence each
GB00BRKD9Z53 | ||||
| b)
| Nature of the transaction
| Exercise of Share Options
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
n/a | ||||
| e)
| Date of the transaction
| 19 December 2019 | ||||
| f)
| Place of the transaction
| Off market | ||||
| 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, type of instrument
Identification code
| Ordinary shares of 2 pence each
GB00BRKD9Z53 | ||||
| b)
| Nature of the transaction
| Sale of Ordinary Shares
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
n/a | ||||
| e)
| Date of the transaction
| 20 December 2019 | ||||
| f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||