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RNS Number : 9738Z Brickability Group PLC 09 August 2024
Brickability Group PLC
LEI: 213800SK28MWXB3K3P26
9 August 2024
Brickability Group PLC
(the "Company" or the "Group")
Director/PDMR shareholding
Brickability Group PLC, the leading construction materials distributor,
announces that it has been informed that on 8 August 2024 Richard Cosgrove,
Managing Director within the Bricks and Building Materials Division, exercised
his vested 2020 LTIP options over 162,758 ordinary shares of 1 penny each in
the Company ("Ordinary Shares"). Richard sold 78,135 Ordinary Shares at a
price of 69.1250 pence each to cover the purchase costs and his tax
liabilities.
Following this purchase, Richard Cosgrove is beneficially interested in 84,623
Ordinary Shares in the Group representing 0.03% of the issued share capital of
the Company.
Enquiries:
Brickability Group PLC via Montfort Communications
John Richards, Chairman
Frank Hanna, Chief Executive Officer
Mike Gant, Chief Financial Officer
Peel Hunt LLP +44 (0) 20 7418 8900
(Nominated Adviser & Broker)
Ed Allsopp
Tom Graham
Montfort Communications +44 (0) 203 514 0897
James Olley brickability@montfort.london
Ella Henderson
About Brickability
Brickability Group PLC is a leading distributor and provider of specialist
products and services to the UK construction industry. The business comprises
four divisions: Bricks and Building Materials, Importing, Distribution and
Contracting. With an agile, de-centralised, capital-light business model,
supported by a strong balance sheet, Brickability leverages the skills of its
people company-wide to effectively service the complex and evolving needs of
the construction industry.
Founded in 1985, the Group has grown organically through product
diversification and geographic expansion, as well as through the acquisition
of specialist businesses that support its long-term strategy for growth.
Today, the Group encompasses a diverse portfolio of market-leading brands and
a dedicated team of over 800 skilled professionals, led by a management team
with deep-rooted knowledge and experience in the UK and European construction
industries.
The Group is committed to building better communities throughout the supply
chain and supporting the delivery of sustainable developments that enhance the
built environment for future generations, while delivering continuous value
for shareholders.
The information below, set out in accordance with article 19(3) of
the UK Market Abuse Regulation, provides further details.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Richard Cosgrove
2 Reason for the notification
a) Position/status Managing Director within the Bricks and Building Materials Division
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Brickability Group PLC
b) LEI 213800SK28MWXB3K3P26
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
Identification code GB00BK63S759
b) Nature of the transaction Exercise of 2020 vested LTIP options
c) Price(s) and volume(s)
Price(s) Volume(s)
1penny 162,758
d) Aggregated information
- Aggregated volume n/a - single transaction
- Price
e) Date of the transaction 8 August 2024
f) Place of the transaction Off market - new issue of shares
d)
Aggregated information
- Aggregated volume
- Price
n/a - single transaction
e)
Date of the transaction
8 August 2024
f)
Place of the transaction
Off market - new issue of shares
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Richard Cosgrove
2 Reason for the notification
a) Position/status Managing Director within the Bricks and Building Materials Division
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Brickability Group PLC
b) LEI 213800SK28MWXB3K3P26
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
Identification code GB00BK63S759
b) Nature of the transaction Sale of sufficient shares to cover purchase costs & tax liabilities
following exercise of vested 2020 LTIP options
c) Price(s) and volume(s)
Price(s) Volume(s)
69.1250 pence 78,135
d) Aggregated information
- Aggregated volume n/a - single transaction
- Price
e) Date of the transaction 8 August 2024
f) Place of the transaction London Stock Exchange - AIM
d)
Aggregated information
- Aggregated volume
- Price
n/a - single transaction
e)
Date of the transaction
8 August 2024
f)
Place of the transaction
London Stock Exchange - AIM
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