REG - Gleeson (M J) Group - Director/PDMR Shareholding <Origin Href="QuoteRef">GLEG.L</Origin>

MJ GLEESONAnnouncement

29/10/2014 09:56

RNS Number : 1777O
Gleeson(M J)Group PLC
04 August 2014
M J GLEESON GROUP PLC (the "Company")
Director/PDMR Shareholding
The Company has been notified today that, on 1 August 2014, the following Directors and Persons Discharging Management Responsibility sold ordinaryshares of 2 pence each ("Ordinary Shares") in the Company pursuant to the terms of a trading plan entered into on 10 July 2014. The details of the transactions are set out below:
Name
Position
Number of Ordinary Shares sold
Average price per Ordinary Share
Beneficial interest in Ordinary Shares following the sale
Beneficial interest in Ordinary Shares following the sale (%)
Jolyon Harrison
Director
104,302
3.75
1,449,991
2.70%
Alan Martin
Director
90,876
3.75
59,467
0.11%
Scott Chamberlin
PDMR
21,515
3.75
51,281
0.10%
The principal purpose of the sales are to settle income tax and national insurance liabilities arising from the Ordinary Shares that recently vested, pursuant to the Company's performance share plan which was approved by the Company's shareholders in December 2007, as notified on the 22 July 2014.
This notification is made in accordance with DTR 3.1.4 R(1).
Enquiries:
M J Gleeson Group plc 
Alan Martin Chief Financial Officer 01252 360 300 
Notes to Editors
MJ Gleeson Group plc operates in the house building sector through the following business units; Gleeson Homes, which focuses on estate regeneration and housing development on brownfield land in the North of England; and Gleeson Strategic Land, which purchases options over land in the South of England with the objective of enhancing the value of the site concerned by securing residential planning permission.

This information is provided by RNS
The company news service from the London Stock Exchange
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