RNS Number : 0475A
Ibstock PLC
10 April 2026
LEI: 2138003QHTNX34CN9V93
Ibstock Plc (the "Company")
Grant of Awards under Ibstock Long Term Incentive Plan 2023
Notification of Transactions by Persons Discharging Managerial Responsibility ("PDMRs")
On 9 April 2026 the Company granted awards ("LTIP Awards") over Ibstock Plc ordinary shares of 1 penny each ("Ordinary Shares") in accordance with the rules of the Ibstock Long Term Incentive Plan 2023 ("LTIP").
Name
Status
Number of Ordinary Shares under LTIP Award
Option Price
Joseph Hudson
Chief Executive Officer
439,704
£Nil
No consideration was paid for the grant of the LTIP Awards which are structured as nil cost options. The number of Ordinary Shares granted under each LTIP Award has been calculated in accordance with the rules of the LTIP using an Ordinary Share price of 104.9 pence per share (measured over the average of the closing middle market quotation measured over dealing days falling in the last 3 days prior to date of grant).
The normal vesting date of the LTIP Awards will be 9 April 2029, being the third anniversary of the award date.
Once vested, the LTIP Award will normally be exercisable until the day before the tenth anniversary of the award date. A two-year (net of sales for tax) post vesting holding period will apply to these awards. The LTIP Awards are granted as restricted share awards and will normally vest after 3 years based on the satisfaction of the performance underpin and continued service. Full details of the performance underpin are set out in the 2025 Annual Report and Accounts.
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
Joseph Hudson
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
Ibstock Plc
b)
LEI
2138003QHTNX34CN9V93
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 1p each
Identification code
GB00BYXJC278
b)
Nature of the transaction
Grant of awards under the Ibstock Long Term Incentive Plan 2023
c)
Price(s) and volume(s)
Price(s)
Volume(s)
(a)
Nil
439,704
d)
Aggregated information
- Aggregated volume
439,704
- Price
Nil
e)
Date of the transaction
09 April 2026
f)
Place of the transaction
Outside a trading venue
Enquiries:
Ibstock Plc
01530 261 999
Nick Giles
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