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RNS Number : 9931T Brickability Group PLC 20 January 2025
Brickability Group PLC
LEI: 213800SK28MWXB3K3P26
20 January 2025
Brickability Group PLC
(the "Company" or the "Group")
PDMR shareholding
Brickability Group PLC, the leading construction materials distributor,
announces that it has been informed that on 17 January 2025 Richard Cosgrove,
Managing Director within the Bricks and Building Materials Division, exercised
his vested 2021 LTIP options over 18,097 ordinary shares of 1 penny each in
the Company ("Ordinary Shares"). Richard sold 8,709 Ordinary Shares at a price
of 60.10 pence each to cover the purchase costs and his tax liabilities.
Following this purchase, Richard Cosgrove is beneficially interested in 94,011
Ordinary Shares in the Group representing 0.03% of the issued share capital of
the Company.
Enquiries:
via Burson Buchanan
Brickability Group PLC
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
Charlotte Sutcliffe
Tom Graham +44 (0) 20 7466 5000
brickability@buchanancomms.co.uk
Burson Buchanan
Mark Court
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 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 2021 vested LTIP options
c) Price(s) and volume(s)
Price(s) Volume(s)
1penny 18,097
d) Aggregated information
- Aggregated volume n/a - single transaction
- Price
e) Date of the transaction 17 January 2025
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
17 January 2025
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 2021 LTIP options
c) Price(s) and volume(s)
Price(s) Volume(s)
60.10 pence 8,709
d) Aggregated information
- Aggregated volume n/a - single transaction
- Price
e) Date of the transaction 17 January 2025
f) Place of the transaction London Stock Exchange - AIM
d)
Aggregated information
- Aggregated volume
- Price
n/a - single transaction
e)
Date of the transaction
17 January 2025
f)
Place of the transaction
London Stock Exchange - AIM
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