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Market Cap: £70.26m
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Director/PDMR Shareholding

24 Apr 2024 15:11

RNS Number : 9072L
Michelmersh Brick Holdings PLC
24 April 2024
 

24 April 2024

Michelmersh Brick Holdings Plc

("MBH", the "Company" or the "Group")

 Director/PDMR shareholding

Michelmersh Brick Holdings Plc (AIM: MBH), the specialist brick manufacturer, announces that on 22 April 2024, it was notified that Robert Fenwick, an Independent Non-Executive Director of the Company, had purchased 20,000 ordinary shares of 20 pence each in the capital of the Company ("Ordinary Shares") on 22 April 2024, at a price of £1.00 per Ordinary Share.

Following the acquisition, Robert Fenwick's beneficial interest in the Ordinary Shares of the Company is 20,000 Ordinary Shares, representing 0.02 per cent. of the issued share capital of the Company.

For further information, please contact:

Michelmersh Brick Holdings plc Peter Sharp, Chief Executive Officer

Ryan Mahoney, Chief Financial Officer

Tel: +44 (0)1825 430412

Canaccord Genuity Limited (NOMAD and Joint Broker)

Max Hartley

Bobbie Hilliam

Harry Pardoe

Tel: +44 (0)20 7523 8000

 

 

Berenberg (Joint Broker)

Richard Bootle

Detlir Elizi

Patrick Dolaghan

Tel: +44 (0)20 3207 7800

 

Yellow Jersey PR

Charles Goodwin

Annabelle Wills

Tel: +44 (0)7747 788 221

Tel: +44 (0)7775 194 357

 

 

About Michelmersh Brick Holdings PLC:

 

Michelmersh Brick Holdings PLC is a business with seven market leading brands: Blockleys, Carlton, FabSpeed, Freshfield Lane, Michelmersh, Floren.be and Hathern Terra Cotta. These divisions operate within a fully integrated business, combining the production of premium, precision-made bricks, pavers, special shaped bricks, bespoke Terra Cotta products and prefabricated brick components. 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 122 million clay bricks and pavers per annum. Michelmersh currently owns most of the UK's premium manufacturing brick 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.

 

We are Michelmersh Brick Holdings PLC: we are "Britain's Brick Specialist".

 

Please visit the Group's websites at: www.mbhplc.co.uk and www.bimbricks.com

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

1

Details of PDMR / person closely associated with them ('PCA')

 

a)

Full Name

Robert Raymond Fenwick

2

Reason for the notification

 

a)

Position / status

Independent Non-Executive Director

b)

Initial notification / amendment

Initial Notification

3

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

a)

Name

Michelmersh Brick Holdings plc

b)

LEI

213800CIFQFPAHIQE695

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

 

Identification code

Ordinary shares of 20 pence each in the capital of the Company

 

 

ISIN: GB00B013H060

b)

Nature of the transaction

Purchase of ordinary shares

 

c)

Price(s) and volume(s)

 

Price: £1.00

Volume: 20,000 (Twenty thousand)

 

d)

Aggregated information

Aggregated volume and Price

N/A - single transaction

e)

Date of the transaction

 

22 April 2024

f)

Place of the transaction

AIM, LONDON STOCK EXCHANGE

 

 

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