Last checked at 1 Apr 2019 13:15
01 April 2019
Michelmersh Brick Holdings PLC
("Michelmersh" or the "Company")
Posting of Annual Report & Notice of Annual General Meeting
Michelmersh Brick Holdings PLC (AIM:MBH.L), the specialist brick manufacturer, announces that it has posted its Annual Report for the year ended 31 December 2018 to shareholders, together with the Notice of the Annual General Meeting ("AGM") to be held at 10.30am on Tuesday 14 May 2019 at 6 New Street Square, London, EC4A 3BF.
The Board has proposed a final dividend of 2.14 pence per share. The Board has also proposed that, subject to the necessary approval by shareholders at the forthcoming AGM, shareholders will be offered an opportunity to elect to receive dividends in the form of new shares in the capital of Michelmersh in lieu of cash in respect of the proposed final dividend.
Shareholders should be aware that payment of the final dividend will, subject to the necessary approval by shareholders at the forthcoming AGM, be paid on 28 June 2019 to shareholders on the register at the close of business on 24 May 2019; the ex-dividend date will be 23 May 2019. The latest date to elect for the scrip dividend alternative will be 11 June 2019.
The 2018 Annual Report is available to view on the Company's website, http://www.mbhplc.co.uk/financial-statements
Enquiries:
Michelmersh Brick Holdings Plc Frank Hanna, Joint CEO Stephen Morgan, Finance Director | 07384 259407
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Canaccord Genuity Limited (NOMAD and Broker) Bobbie Hilliam Georgina McCooke | 020 7523 8150
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Yellow Jersey PR Charles Goodwin Harriet Jackson Annabel Atkins |
07747 788 221 07544 275 882
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About Michelmersh Brick Holdings PLC:
Michelmersh Brick Holdings PLC is a business with six market leading brands: Blockleys, Carlton, Charnwood, Freshfield Lane, Michelmersh, Hathern Terra Cotta and Floren. These divisions operate within a fully integrated business combining the manufacture of clay bricks and pavers. 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 100 million clay bricks and pavers per annum. Michelmersh currently owns most of the UK's premium manufacturing 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