Mears Regulatory News (MER)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Smith

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Mears Group PLC

b)

LEI

213800DHCALLH8IRJV57

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

Ordinary shares of 1 pence each

Identification code

GB0005630420

b)

Nature of the transaction

Purchase of ordinary shares of 1 pence each

c)

Price(s) and volume(s)

Price(s)

Volume(s)

265 pence

20,000

d)

Aggregated information

- Aggregated volume

20,000

- Price

- Total

265 pence per share

£53,000

e)

Date of the transaction

22 March 2019

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)