REG - Michelmersh Brick - EBT Share Purchase

Michelmersh Brick HoldingsAnnouncement

20/05/2022 09:00

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RNS Number : 2427M  Michelmersh Brick Holdings PLC  20 May 2022

20 May 2022

Michelmersh Brick Holdings Plc

("MBH", the "Company" or the "Group")

EBT Share Purchase

The Company was notified on 19 May 2022, by Truchot Trustees Limited, the
trustee of the Michelmersh Brick Holdings Plc Employee Benefit Trust (the
"EBT"), that the EBT had purchased 102,174 ordinary shares of 20p each in the
Company ("Ordinary Shares") at an average price of 117.00 pence per Ordinary
Share on 19 May 2022. These Ordinary Shares are to be held in the EBT and are
intended to be used to satisfy the exercise of share options by employees. The
EBT is a discretionary trust for the benefit of the Company's employees,
including the Directors of the Company. The purchase of Ordinary Shares by the
EBT has been funded from the Company's existing cash resources.

Following this transaction, a total of 1,048,836 Ordinary Shares are held by
the EBT, representing approximately 1.0 per cent of the Company's total voting
rights.

For further information, please contact:

 Michelmersh Brick Holdings plc                                Tel: +44 (0)1825 430412
 Frank Hanna, Joint CEO

 Ryan Mahoney, CFO
 Canaccord Genuity Limited (NOMAD and Joint Broker)            Tel: +44 (0)20 7523 8000

 Max Hartley

 Bobbie Hilliam

 Georgina McCooke
 Berenberg                                                     Tel: +44 (0) 203 207 7800

 Richard Bootle

 Detlir Elizi

 Kate Hanshaw

 Yellow Jersey PR                                              Tel: +44 (0)7747 788 221

 Charles Goodwin                                               Tel: +44 (0)7983 557 851

 Annabel Atkins

Tel: +44 (0)20 7523 8000

Berenberg

Richard Bootle

Detlir Elizi

Kate Hanshaw

 

Tel: +44 (0) 203 207 7800

Yellow Jersey PR

Charles Goodwin

Annabel Atkins

 

Tel: +44 (0)7747 788 221

Tel: +44 (0)7983 557 851

 

About Michelmersh Brick Holdings PLC:

Michelmersh Brick Holdings PLC is a business with seven market leading brands:
Blockleys, Carlton, Charnwood, Freshfield Lane, Michelmersh, Floren and
Hathern Terra Cotta. These divisions operate within a fully integrated
business combining the manufacture of clay bricks and pavers. The Group also
includes a landfill operator, New Acres Limited, and seeks to develop future
landfill and development opportunities on ancillary land assets.

Established in 1997, the Company has grown through acquisition and organic
growth into a profitable and asset rich business, producing over 120 million
clay bricks and pavers per annum. Michelmersh currently owns most of the UK's
premium manufacturing brick brands and is a leading specification brick and
clay paving manufacturer.

Michelmersh strives to be a well invested, long term, sustainable,
environmentally responsible business. Opportunity, training and security for
all employees, whilst meeting the needs of stakeholders are at the forefront
of everything we do. We aim to lead the way in producing some of Britain's
premium clay products and enhancing our environment by adding value to the
architectural landscape for generations to come.

We are Michelmersh Brick Holdings PLC: we are "Britain's Brick Specialist".

Please visit the Group's websites at: www.mbhplc.co.uk and www.bimbricks.com

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