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Director/PDMR Shareholding

22 Jul 2014 17:00

RNS Number : 0315N
Gleeson(M J)Group PLC
22 July 2014
 

22 July 2014

 

MJ GLEESON GROUP PLC (the "Company")

 

Director/PDMR Shareholding

 

The Company announces that on 21 July 2014 it received notice of the vesting of conditional shares awarded in December 2010 under the performance share plan.

 

A total of 429,709 ordinary shares of 2 pence each in the Company ("Ordinary Shares") vested to the following Directors and Person Discharging Managerial Responsibilities, pursuant to the Company's performance share plan which was approved by the Company's shareholders in December 2007 (the "PSP").

 

The performance shares vested on 15 July 2015, having met the performance criteria in full. The exercise price under the PSP was nil pence per Ordinary Share.

 

 Name

Position

Number of Ordinary Shares vested

Jolyon Harrison

Director

242,857

Alan Martin

Director

138,888

Scott Chamberlin

PDMR

47,964

 

This notification is made in accordance with DTR 3.1.4 R(1).

 

Enquiries:

 

M J Gleeson Group plc

 

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.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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