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231.00 1.00 (0.43%)

Bid:

230.00

Ask:

230.50

Spread: 0.50 (0.217%)

Market Cap: £134.76m

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Incentive Plan Share Issue

2 Dec 2019 07:01

RNS Number : 2416V

MJ Gleeson PLC

02 December 2019

MJ Gleeson plc

(GLE.L)

For immediate release

MJ Gleeson plc ("Gleeson" or the "Company")

Incentive Plan Share Issue

The Company announces that it has reached agreement with Jolyon Harrison, who stepped down as CEO on 10 June 2019, to vest a total of 633,730 ordinary shares of 2 pence each in the capital of the Company ("Ordinary Shares"), pursuant to rights awarded to him, in accordance with the Company's Performance Share Plan and Long Term Incentive Plan (together the "Incentive Plan"). The settlement agreement with the Company is full and final.

ENDS

2 December 2019

Notes:

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The person responsible for arranging the release of this announcement on behalf of the Company is Stefan Allanson, Chief Financial Officer.

LEI: 21380064K7N2W7FD6434

Enquiries:

MJ Gleeson plc Tel: 44 1142 612 900

James Thomson Chief Executive Officer

Stefan Allanson Chief Financial Officer

Instinctif Partners Tel: 44 20 7457 2020

Mark Garraway

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.

END

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