Last checked at 12 Sep 2023 09:00
Mears Group PLC
("Mears" or "the Group" or "the Company")
Director/PDMR Shareholding
Mears Group PLC, the leading provider of services to the Housing sector in the UK, announces that on 11 September 2023 Jim Clarke, Chairman, purchased 30,000 ordinary shares of 1 penny each in the Company ("Ordinary Shares"), at a price of 275.64 pence per share.
Following this purchase, Mr Clarke has an interest in 30,000 ordinary shares representing approximately 0.03 per cent. of the Company's voting share capital.
Contact information
Ben Westran, Company Secretary Tel: +44(0)1452 634600
www.mearsgroup.co.uk
About Mears
Mears is the leading provider of services to the Affordable Housing sector in the UK: responsible for the maintenance of c.10% of the UK's social housing stock; and managing over 10,000 homes for local and central government.
Mears currently employs around 5,500 people and provides services in every region of the UK. In partnership with our Housing clients, we maintain, repair and upgrade the homes of hundreds of thousands of people in communities from remote rural villages to large inner-city estates. Mears has extended its activities to provide broader housing solutions to solve the challenge posed by the lack of affordable housing and to provide accommodation and support for the most vulnerable.
We focus on long-term outcomes for people rather than short-term solutions and invest in innovations that have a positive impact on people's quality of life and on their communities' social, economic and environmental wellbeing. Our innovative approaches and market leading positions are intended to create value for our customers and the people they serve while also driving sustainable financial returns for our providers of capital, especially our shareholders.
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014 (as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Jim Clarke | ||||
2. | Reason for the notification | |||||
a. | Position/status | Chairman | ||||
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 Identification code | Ordinary shares of 1p each GB0005630420 | ||||
b. | Nature of the transaction | Purchase of shares
| ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price · Total
|
30,000 275.64 82,692 GBP | ||||
e. | Date of the transaction | 11 September 2023 | ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||