REG - Brickability Group - Grant of Options

BrickabilityAnnouncement

Tue 07:00

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RNS Number : 1636D  Brickability Group PLC  14 October 2025

 

Brickability Group PLC

LEI: 213800SK28MWXB3K3P26

 

14 October 2025

 

Brickability Group PLC

 

(the "Company" or the "Group")

 

Grant of Options

 

Brickability Group PLC, the leading construction materials distributor,
announces that on 13 October 2025 it awarded a total of 4,738,730 options to
subscribe for ordinary shares in the Company under the Brickability Group PLC
Long Term Incentive Plan ("LTIP"). Of these, 3,486,660 are conditional
performance related options and 1,252,070 are restricted share options.

The conditional performance related options include the following, that were
granted to Directors and PDMRs of the Company:

 Individual          Role                                               Number of LTIP Options
 Frank Hanna         Chief Executive Officer                            956,936
 Mike Gant           Chief Financial Officer                            575,012
 Paul Hamilton       MD, Distribution                                   750,806
 Richard Cosgrove    MD, Bricks & Building Materials and Importing      338,592
 Kenny Hirst-Sewell  MD, Taylor Maxwell Group                           338,592

The performance related options are exercisable on the same terms as previous
options granted under the Company's LTIP, being exercisable at the nominal
price of £0.01 and have vesting conditions tied to adjusted EBITDA and
total shareholder return, with each award split equally between the two
performance conditions.

 

Vesting will occur on a straight-line basis on achieving 18% (equivalent to 6%
annually) to 30% (equivalent to 10% annually) of the relevant performance
condition over the performance period. There is no vesting if the relevant
target is not met but a 25% vesting if the initial 18% hurdle is met with a
proportionate additional vesting up to 100% if the 30% threshold is met. To
the extent vested, the options will be subject to a two-year holding period
following the expiry of the vesting period. The performance period will be 1
April 2025 to 31 March 2028.

 

The 1,252,070 restricted share options are being issued to a broad number of
Group employees outside of the senior management team. These are not subject
to performance conditions or the additional holding period but, as with all
options awarded under the plan, require that grantees remain in the Group's
employment for the duration of the vesting period being the period from 13
October 2025 to 13 October 2028.

 Enquiries:

                                                               via Burson Buchanan

 Brickability Group PLC
 John Richards, Chairman

 Frank Hanna, Chief Executive Officer
 Mike Gant, Chief Financial Officer

 Cavendish (Nominated Adviser and Broker)                        +44 (0) 207 220 0500

 Ben Jeynes, George Lawson, Elysia Bough (Corporate Finance)

 Michael Johnson, Sunila De Silva (Sales/ECM)

 Burson Buchanan (Financial PR)                                +44 (0) 207 466 5000

 Mark Court                                                    brickability@buchanancomms.co.uk

 Stephanie Whitmore

 Abby Gilchrist

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

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Frank Hanna
 2    Reason for the notification
 a)   Position/status                                              Chief Executive Officer
 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 of £0.01 each

      Identification code                                          GB00BK63S759
 b)   Nature of the transaction                                    Grant of Options
 c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                                                   n/a       956,936

 

 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price
 e)   Date of the transaction                                      13 October 2025
 f)   Place of the transaction                                     Outside of a trading platform

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

e)

Date of the transaction

13 October 2025

f)

Place of the transaction

Outside of a trading platform

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Mike Gant
 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                                                         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 of £0.01 each

      Identification code                                          GB00BK63S759
 b)   Nature of the transaction                                    Grant of Options
 c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                                                   n/a       575,012

 

 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price
 e)   Date of the transaction                                      13 October 2025
 f)   Place of the transaction                                     Outside of a trading platform

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

e)

Date of the transaction

13 October 2025

f)

Place of the transaction

Outside of a trading platform

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Paul Hamilton
 2    Reason for the notification
 a)   Position/status                                              MD, Distribution
 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 of £0.01 each

      Identification code                                          GB00BK63S759
 b)   Nature of the transaction                                    Grant of Options
 c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                                                   n/a       750,806

 

 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price
 e)   Date of the transaction                                      13 October 2025
 f)   Place of the transaction                                     Outside of a trading platform

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

e)

Date of the transaction

13 October 2025

f)

Place of the transaction

Outside of a trading platform

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Richard Cosgrove
 2    Reason for the notification
 a)   Position/status                                              MD, Bricks & Building Materials and Importing
 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 of £0.01 each

      Identification code                                          GB00BK63S759
 b)   Nature of the transaction                                    Grant of Options
 c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                                                   n/a       338,592

 

 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price
 e)   Date of the transaction                                      13 October 2025
 f)   Place of the transaction                                     Outside of a trading platform

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

e)

Date of the transaction

13 October 2025

f)

Place of the transaction

Outside of a trading platform

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Kenny Hirst-Sewell
 2    Reason for the notification
 a)   Position/status                                              MD, Taylor Maxwell Group
 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 of £0.01 each

      Identification code                                          GB00BK63S759
 b)   Nature of the transaction                                    Grant of Options
 c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                                                   n/a       338,592

 

 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price
 e)   Date of the transaction                                      13 October 2025
 f)   Place of the transaction                                     Outside of a trading platform

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

e)

Date of the transaction

13 October 2025

f)

Place of the transaction

Outside of a trading platform

 

 

 

 

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