REG - Michelmersh Brick - Grant of Options and PDMR dealing

Michelmersh Brick HoldingsAnnouncement

07/05/2026 10:00

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RNS Number : 4166D  Michelmersh Brick Holdings PLC  07 May 2026

7 May 2026

Michelmersh Brick Holdings Plc

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

Grant of Options and PDMR dealing

Michelmersh Brick Holdings PLC (AIM: MBH), the specialist brick manufacturer,
announces that earlier today an annual grant of options was made under the
Company's Long Term Incentive Plan 2022 ("LTIP").

 

This year's grant (the "2026 Grant") includes three-year performance targets
linked to the delivery of EPS absolute performance and total shareholder
return performance when benchmarked against a UK based industry peer group.
The 2026 Grant equates to a value of 100% of basic salary.

 

Options over 443,704 shares were granted under the 2026 Grant to Ryan Mahoney,
Chief Executive Officer of the Group.

 

The number of shares in respect of the 2026 Grant that may be issued following
the three-year performance period shall depend upon the extent to which
performance conditions are achieved over that period.

 

For further information, please contact:

 Michelmersh Brick Holdings plc                Tel: +44 (0)1825 430412

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

 Max Hartley

 Bobbie Hilliam

 Harry Pardoe
 Alma Strategic Communications                 Tel: +44 (0) 20 3405 0205

 Andrew Jaques                                 michelmersh@almastrategic.com (mailto:michelmersh@almastrategic.com)

 Sam Modlin

 Kinvara Verdon

 Louisa El-Ahwal

 

About Michelmersh Brick Holdings PLC:

Michelmersh Brick Holdings PLC is a business with six market leading brands:
Blockleys, Carlton, FabSpeed, Freshfield Lane, Michelmersh and Floren.be.
These divisions operate within a fully integrated business, combining the
production of premium, precision-made bricks, pavers, special shaped bricks
and prefabricated brick components. 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
(http://www.mbhplc.co.uk/)  and www.bimbricks.com (http://www.bimbricks.com)

 

 

 

 1   Details of PDMR / person closely associated with them ('PCA')

 a)  Full Name                                             Ryan Mahoney

 2   Reason for the notification

 a)  Position / status                                     CEO
 b)  Initial notification / amendment                      Initial Notification
 3   Details of the issuer, emission allowance market participation, auction
     platform, auctioneer or auction monitor
 a)  Name                       Michelmersh Brick Holdings plc
 b)  LEI                        213800CIFQFPAHIQE695
 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               Ordinary shares of 20 pence each in the capital of the Company

     Identification code                                   ISIN: GB00B013H060
 b)  Nature of the transaction                             Grant of Nil-Cost Options under the Long Term Incentive Plan 2022

 c)  Price(s) and volume(s)                                Price: Nil

                                                           Volume:  443,704

 d)  Aggregated information                                N/A - single transaction

     Aggregated volume and Price
 e)  Date of the transaction                               7 May 2026

 f)  Place of the transaction                              Outside a trading venue

 

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