Our live Investing Matters Podcast Special which took place at the Master Investor Show discussing 'How undervalued is the UK stock market?', has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBrickability Group Regulatory News (BRCK)

Share Price Information for Brickability Group (BRCK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 65.50
Bid: 65.00
Ask: 66.00
Change: 0.00 (0.00%)
Spread: 1.00 (1.538%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 65.50
BRCK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Grant of Options

7 Jun 2021 16:09

RNS Number : 0769B
Brickability Group PLC
07 June 2021
 

7 June 2021

 

Brickability Group plc

 

(the "Company" or the "Group")

 

Grant of Options

 

Brickability Group plc, the leading construction materials distributor, announces that, on 4 June 2021, it awarded an option over 506,825 shares in the capital of the Company under the Brickability Group plc Long Term Incentive Plan ("LTIP") 2019 to Chief Financial Officer, Mike Gant. This is the first grant of options to Mr Gant under the LTIP since he officially joined the Group as a director on 30 April 2021.

 

Save as noted, the option is exercisable on the same terms as previous options granted under the Company's LTIP, being exercisable at the nominal price of £0.01 and have vesting conditions tied to adjusted EBITDA and total shareholder return, with each award split equally between the two performance conditions. Vesting will occur on a straight-line basis on achieving 18% (equivalent to 6% annually) to 30% (equivalent to 10% annually) of the relevant performance condition over the performance period. There is no vesting if the relevant target is not met but a 50% vesting if the initial 18% hurdle is met with a proportionate additional vesting up to 100% at the 30% threshold being met. The option will be subject to a two year holding period following the expiry of the performance period during which the option shares may not be sold (other than to pay any tax liability).

 

The performance period is three years ending 1 April 2024.

 

 

 

Enquiries:

 

Brickability Group PLC

 

 

c/o Montfort Communications

John Richards, Chairman

Alan Simpson, Chief Executive Officer

Mike Gant, Chief Financial Officer

 

Cenkos Securities (Nomad and Broker)

Max Hartley, Max Gould (Corporate Finance)

0207 397 8900

Julian Morse, Alex Pollen (Sales)

Montfort Communications (Financial PR)

0203 770 7916

James Olley

 

 

 

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mike Gant

2

Reason for the notification

a)

Position/status

CFO

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Brickability Group plc

b)

LEI

213800SK28MWXB3K3P26

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

Options for ordinary shares exercisable at £0.01

GB00BK63S759

b)

Nature of the transaction

Grant of options

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

n/a

506,825

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

e)

Date of the transaction

4 June 2021

f)

Place of the transaction

n/a

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHFLFIERTIDIIL
Date   Source Headline
18th Mar 20247:00 amRNSChange of Adviser
12th Mar 20246:10 pmRNSAIM Rule 17 Disclosure
8th Mar 20247:00 amRNSHolding(s) in Company
6th Mar 202411:25 amRNSDirector/PDMR Shareholding
5th Mar 20243:21 pmRNSHolding(s) in Company
4th Mar 20244:32 pmRNSHolding(s) in Company
1st Mar 20248:27 amRNSTotal Voting Rights
28th Feb 20249:45 amRNSDirector/PDMR Shareholding
27th Feb 20247:00 amRNSTrading Update
26th Feb 20245:42 pmRNSDirector/PDMR Shareholding
20th Feb 20243:50 pmRNSHolding(s) in Company
8th Feb 20242:11 pmRNSHolding(s) in Company
1st Feb 20245:11 pmRNSBlock listing six monthly returns
1st Feb 20245:08 pmRNSTotal Voting Rights
1st Feb 20245:03 pmRNSDirector/PDMR Shareholding
30th Jan 20245:03 pmRNSDirector/PDMR Shareholding
29th Jan 20247:00 amRNSDirector/PDMR Shareholding
25th Jan 202410:12 amRNSGrant of Options
24th Jan 20245:35 pmRNSDirector/PDMR Shareholding
24th Jan 20243:39 pmRNSHolding(s) in Company
24th Jan 20243:36 pmRNSHolding(s) in Company
23rd Jan 202411:47 amRNSHolding(s) in Company
22nd Jan 20247:00 amRNSAcquisition of TSL Assets Limited
2nd Jan 20246:10 pmRNSTotal Voting Rights
28th Nov 20237:00 amRNSInterim results for six months ended 30 Sept 2023
22nd Nov 20237:00 amRNSInvestor Presentation via Investor Meet Company
22nd Nov 20237:00 amRNSVesting of LTIP Awards and PDMR Shareholding
21st Nov 20237:00 amRNSNotice of Interim Results and Analyst Presentation
17th Nov 20237:00 amRNSBlock Admission
23rd Oct 20232:13 pmRNSChange of Nominated Adviser and Broker
20th Oct 20239:25 amRNSHolding(s) in Company
11th Oct 20237:00 amRNSTrading Update & Acquisition
5th Sep 20238:30 amRNSAGM Statement
31st Aug 20235:19 pmRNSTotal Voting Rights
2nd Aug 20239:06 amRNSBlock listing Interim Review
25th Jul 202311:09 amRNS2023 Annual Report and Notice of AGM
21st Jul 20232:17 pmRNSHolding(s) in Company
17th Jul 20231:41 pmRNSInvestor Presentation via Investor Meet Company
17th Jul 20237:00 amRNSFinal results for the year ended 31 March 2023
10th Jul 20237:00 amRNSNotice of Results & Analyst Presentation
26th May 20237:00 amRNSChief Executive Officer Succession
26th Apr 20237:00 amRNSPre-Close Trading Update
14th Apr 20233:44 pmRNSHolding(s) in Company
4th Apr 20239:08 amRNSTotal Voting Rights
3rd Mar 20237:00 amRNSResignation of Independent Non-Executive Director
1st Mar 20231:47 pmRNSTotal Voting Rights
13th Feb 20237:00 amRNSTrading Statement
7th Feb 20237:00 amRNSTR-1: Standard form notification of major holdings
1st Feb 20234:36 pmRNSBLOCK LISTING SIX MONTHLY RETURN
1st Feb 20234:32 pmRNSTotal Voting Rights

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.