REG - Ibstock PLC - Director/PDMR Shareholding

IbstockAnnouncement

21/03/2025 13:45

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RNS Number : 7205B  Ibstock PLC  21 March 2025

LEI: 2138003QHTNX34CN9V93

 

Ibstock Plc (the "Company")

 

Grant of Awards under Ibstock Plc Annual and Deferred Bonus Plan

 

Notification of Transactions by Persons Discharging Managerial Responsibility
("PDMRs")

 

On 20th March 2025 the Company granted awards ("ADBP Awards") over Ibstock Plc
ordinary shares of 1 penny each ("Ordinary Shares") in accordance with the
rules of the Ibstock Plc Annual and Deferred Bonus Plan ("ADBP").

 

 Name                 Status                   Number of Ordinary Shares under ADBP Award  Option Price
 Joseph Hudson        Chief Executive Officer   81,261                                     £Nil
 Christopher McLeish  Chief Financial Officer   54,673                                     £Nil

 

These ADBP Awards implement the deferred part of the Executive Directors' 2024
bonus entitlements under the rules of the ADBP.

 

No consideration was paid for the grant of the ADBP Awards which are
structured as nil cost options. The number of Ordinary Shares granted under
each ADBP Award has been calculated in accordance with the rules of the ADBP
using an Ordinary Share price of 184.16 pence per share (measured over the
average of the closing middle market quotation measured over dealing days
falling in the last 30 days of the financial year ending 31 December 2024)

 

The ADBP Awards will normally vest on 20th March 2028, subject to the
participant being an employee of the Group at that time. Once vested, the ADBP
Award will normally be exercisable until the day before the tenth anniversary
of the award date.

 

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 Plc Annual and Deferred Bonus Plan

 c)   Price(s) and volume(s)

                                                                                       Price(s)            Volume(s)
                                                                   (a)                 Nil                 81,261

 d)   Aggregated information

      - Aggregated volume                                          81,261

      - Price                                                      Nil

 e)   Date of the transaction                                      20(th) March 2025
 f)   Place of the transaction                                     Outside a trading venue

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Christopher McLeish
 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                                                         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 Plc Annual and Deferred Bonus Plan

 c)   Price(s) and volume(s)

                                                                                       Price(s)            Volume(s)
                                                                   (a)                 Nil                 54,673

 d)   Aggregated information

      - Aggregated volume                                          54,673

      - Price                                                      Nil

 e)   Date of the transaction                                      20(th) March 2025
 f)   Place of the transaction                                     Outside a trading venue

 

 

Enquiries:

 

 Ibstock Plc                          01530 261 999
 Nick Giles, Group Company Secretary

 

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