REG - MJ Gleeson Plc - Performance Share Plan Award to Directors/PDMRs

MJ GLEESONAnnouncement

25/09/2020 09:50

RNS Number : 1457A
  
MJ Gleeson PLC
  
25 September 2020
  
 

MJ GLEESON plc 
Incorporated in England and Wales 
Registration number: 09268016 
LEI: 21380064K7N2W7FD6434 
ISIN: GB00BRKD9Z53
 
 
25 September 2020
 
MJ Gleeson Plc 
("the Company")
 
Performance Share Plan award to Directors/PDMRs
                  
 
The Company announces that on 24 September 2020, under the Company's Long Term Incentive Plan (the "Plan"), James Thomson and Stefan Allanson, Chief Executive Officer and Chief Financial Officer respectively, have been awarded the following share options totalling 198,457 Ordinary shares of 2p each in the Company ("Performance Shares").
 




Directors


Number of Performance Shares Granted




James Thomson (Chief Executive Officer)


121,753




Stefan Allanson (Chief Financial Officer)


76,704




 
No consideration was paid for the grant of these conditional awards.
 
These awards were granted pursuant to the Plan approved by shareholders in December 2016, and amended by the Board in accordance with paragraph 19.2 of the Plan, in December 2019.
 
Vesting of the options is conditional upon achieving certain share price and commercial targets over their three-year performance period ending 30 June 2023. These targets will be disclosed in the Company's FY21 Annual Report.  A further two-year holding period in addition to the three-year vesting period applies to these awards.
 
Enquiries:
 




Leanne Johnson
Head of Legal and Company Secretary
MJ Gleeson plc 
 


 
 
Tel: 01142 612 900
 




 
 
The information set out below is provided in accordance with the requirements of DTR3.1 and Article 19 of The EU Market Abuse Regulation. 




1.


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




a)


First Name


James
 




b)


Last Name


Thomson
 




2.


Reasons 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)


Full name of the entity


MJ Gleeson Plc
 




b)


Legal Entity Identifier code


21380064K7N2W7FD6434
 




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
Identification Code


Ordinary Shares of £0.02 each


GB00BRKD9Z53




b)


Nature of the transaction


Grant of Options over Ordinary Shares
 




c)
 


Price(s) and volume(s)
 


 




Price(s)


Volume(s)




Nil


121,753




 


 




 




d)


Aggregated information
-      Aggregated volume
-      Price


 
Not applicable- single transaction




e)


Date of the transaction


24 September 2020
 




f)


Place of the transaction


Off market
 




 




1.


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




a)


First Name


Stefan
 




b)


Last Name


Allanson
 




2.


Reasons 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)


Full name of the entity


MJ Gleeson Plc
 




b)


Legal Entity Identifier code


21380064K7N2W7FD6434
 




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
Identification Code


Ordinary Shares of £0.02 each


GB00BRKD9Z53




b)


Nature of the transaction


Grant of Options over Ordinary Shares
 




c)
 


Price(s) and volume(s)
 


 




Price(s)


Volume(s)




Nil


76,704




 


 




 




d)


Aggregated information
-      Aggregated volume
-      Price


 
Not applicable - single transaction




e)


Date of the transaction


24 September 2020
 




f)


Place of the transaction


Off market
 




 
 

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