REG - Ibstock PLC - Director/PDMR Shareholding

IbstockAnnouncement

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RNS Number : 1184H  Ibstock PLC  01 May 2025

LEI: 2138003QHTNX34CN9V93

 

Ibstock Plc (the "Company")

 

Exercise of Awards under the Ibstock Plc Annual and Deferred Bonus Plan and
the Ibstock Plc Long Term Incentive Plan

 

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

 

Following the vesting of share options granted to Joe Hudson (Chief Executive
Officer) and Chris McLeish (Chief Financial Officer) under the Ibstock Plc
Annual and Deferred Bonus Plan ("ADBP") and the Ibstock Plc Long Term
Incentive Plan ("LTIP"), the Company was notified that on 30 April 2025 the
following exercise and sale transactions took place.

 

Joe Hudson and Chris McLeish exercised options over Ibstock Plc ordinary
shares of 1 penny each ("Ordinary Shares") granted under the ADBP and LTIP as
laid out in the table below selling sufficient shares to cover the appropriate
tax and national insurance liabilities with the balance being retained.

 

Chris McLeish gifted his remaining shares following the ADBP exercise, as
detailed below, to his wife.

 

 Name           Scheme Plan  Grant Date  No of Shares exercised  Sale Date  Number of Shares sold  Price      Number of shares retained
 Joe Hudson     2022 LTIP    14/4/22     193,292                 30/4/25    91,075                 £1.75907   102,217
 Joe Hudson     2022 ADBP    14/4/22     103,593                 30/4/25    48,811                 £1.75907   54,782
 Chris McLeish  2022 LTIP    14/4/22     130,049                 30/4/25    61,277                 £1.75907   68,772
 Chris McLeish  2022 ADBP    14/4/22     69,701                  30/4/25    32,842                 £1.75907   36,859

 

A two-year holding period will apply to the LTIP award following vesting.

 

Following these transactions, Joe Hudson's and Chris McLeish's total
shareholding in the Company is 345,460 and 294,441 respectively.

 

 

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                                                         Joe 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                                    1. Shares transferred to the PDMR from the exercise of vested awards under

                                                                 the:

                                                                   (a) Ibstock Plc Annual and Deferred Bonus Plan; and

                                                                   (b) Ibstock Plc Long Term Incentive Plan

                                                                   2. Sale of shares to cover income tax and NI liability due on the exercise of
                                                                   these awards.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                   (1a)                  Nil                   102,217
                                                                   (1B)                  Nil                   54,782
                                                                   (2)                   £1.75907              139,886

 d)   Aggregated information

      - Aggregated volume                                          296,885
      - Price                                                      £1.75907
 e)   Date of the transaction                                      30/04/25
 f)   Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

 

 

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Chris 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                                    1. Shares transferred to the PDMR from the exercise of vested awards under

                                                                 the:

                                                                   (a) Ibstock Plc Annual and Deferred Bonus Plan; and

                                                                   (b) Ibstock Plc Long Term Incentive Plan

                                                                   2. Sale of shares to cover income tax and NI liability due on the exercise of
                                                                   these awards.
 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                   (1a)                  Nil                   36,859
                                                                   (1b)                  Nil                   68,772
                                                                   (2)                   £1.75907              94,119

 d)   Aggregated information

      - Aggregated volume                                          199,750
      - Price                                                      £1.75907
 e)   Date of the transaction                                      30/04/25
 f)   Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

Enquiries:

 

 Ibstock Plc  01530 261 999
 Nick Giles

 

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