MJ Gleeson PLC Director/PDMR Shareholding (2218L)

TIDMGLE

RNS Number : 2218L

MJ Gleeson PLC

29 September 2016

29 September 2016

MJ Gleeson Plc

("the Company")

Notification of Transaction by Director

In accordance with DTR 3.1 and Article 19 of The Market Abuse Regulation, the Company announces that it was notified on 28 September 2016 that North Atlantic Smaller Companies Investment Trust PLC, part of Harwood Capital LLP, to which Christopher Mills, Director of the Company is a beneficiary, sold 1,000,000 ordinary shares at an average price of 600 pence per Ordinary Share. As a consequence of this transaction Mr. Mills' is directly and indirectly interested, including those held by Related Persons, in 10,055,000 shares:

 
 Shareholder           Shares Sold   Total held   Percentage 
                                      now          of Issued 
                                                   Share Capital 
--------------------  ------------  -----------  --------------- 
 North Atlantic 
  Smaller Companies 
  Investment 
  Trust plc            1,000,000     8,000,000    14.78% 
--------------------  ------------  -----------  --------------- 
 Oryx International 
  Growth Fund 
  Ltd                  0             2,000,000    3.70% 
--------------------  ------------  -----------  --------------- 
 Roy Nominees          0             55,000       0.10% 
--------------------  ------------  -----------  --------------- 
 Total                               10,055,000   18.58% 
--------------------  ------------  -----------  --------------- 
 

Following the above disposal, his current shareholding, including those held by Related Persons, is as follows:

 
 1.   Details of PDMR / person closely associated 
       with them ('CAP') 
---  -------------------------------------------------------------- 
 a)   Name                      Christopher Mills 
---  ------------------------  ------------------------------------ 
 b)   Position / status         Director 
---  ------------------------  ------------------------------------ 
 c)   Initial notification      Initial notification 
       / amendment 
---  ------------------------  ------------------------------------ 
 2.   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            Ordinary Shares of GBP0.02 
       the                       each 
       financial instrument 
---  ------------------------  ------------------------------------ 
 b)   Nature of the             Disposal via indirect holding 
       transaction               through North Atlantic Smaller 
                                 Companies Investment Trust 
                                 PLC, part of Harwood Capital 
                                 LLP. 
---  ------------------------  ------------------------------------ 
 c)   Price(s) and                Price(s)        Volume(s) 
       volume(s)                  --------------  ----------------- 
                                   600 pence per   1,000,000 shares 
                                    share 
                                  --------------  ----------------- 
 
 
                                  Note: this was a single 
                                  transaction. 
---  ------------------------  ------------------------------------ 
 d)   Aggregated information    Not applicable - single 
       Aggregated volume         transaction. 
       Price 
---  ------------------------  ------------------------------------ 
 e)   Date of the transaction   28 September 2016 
---  ------------------------  ------------------------------------ 
 f)   Place of the              London Stock Exchange (XLON) 
       transaction 
---  ------------------------  ------------------------------------ 
 

Enquiries:

S Allanson

Chief Financial Officer

   MJ Gleeson plc                                                               Tel: [phone] 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 29, 2016 06:59 ET (10:59 GMT)