Michelmersh Brick Holdings PLC Issue of Equity (9711Z)

TIDMMBH

RNS Number : 9711Z

Michelmersh Brick Holdings PLC

20 March 2017

20 March 2017

Michelmersh Brick Holdings PLC

("MBH", or the "Group")

ISSUE OF EQUITY

The Company has today applied for 6,042 new ordinary shares of 20 pence each ("New Ordinary Shares") to be admitted to trading on AIM ("Admission") following the exercise of options. It is expected that dealings in the New Ordinary Shares will commence on 24 March 2017.

Following admission, the Company will have 81,477,220 ordinary shares of 20 pence each ("Ordinary Shares") outstanding. The figure of 81,477,220 Ordinary Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

Enquiries:

 
 Michelmersh Brick Holdings 
  Frank Hanna, Joint CEO 
  Stephen Morgan, Finance      01825 430 
  Director                      413 
 Cenkos Securities plc 
  Bobbie Hilliam (NOMAD) 
  Harry Pardoe                 020 7397 
  Alex Aylen (Sales)            8900 
 Yellow Jersey PR 
                                07747 788 
  Charles Goodwin                221 
                                 07768 537 
  Dominic Barretto                739 
 
 

About Michelmersh Brick Holdings PLC:

Michelmersh Brick Holdings PLC is a business with five market leading brands: Blockleys, Charnwood, Freshfield Lane, Michelmersh and Hathern Terra Cotta. These divisions operate within a fully integrated business combining the manufacture of clay bricks, tiles 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 approximately 72 million clay bricks, tiles and pavers per annum. MBH currently owns most of the UK's premium manufacturing brands and is a leading specification brick and clay paving manufacturer.

MBH 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 is 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 built 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 website at: www.mbhplc.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOEOKKDQNBKDKNB

(END) Dow Jones Newswires

March 20, 2017 09:41 ET (13:41 GMT)