MJ Gleeson PLC Performance Share Plan Award to Directors (6213R)

TIDMGLE

RNS Number : 6213R

MJ Gleeson PLC

12 December 2016

12 December 2016

MJ Gleeson plc ("Gleeson" or the "Company")

Performance Share Plan award to Directors/PDMRs

On 12 December 2016, the Company announces that on 12 December 2016, under the Company's Long Term Incentive Plan (the "Plan"), Jolyon Harrison and Stefan Allanson, Chief Executive Officer and Chief Financial Officer respectively, have been awarded the following share options totalling 276,315 Ordinary shares of 2p each in the Company ("Performance Shares").

 
 PDMR                      Number of shares granted 
------------------------  ------------------------- 
 Jolyon Harrison (Chief 
  Executive Officer)       210,526 
------------------------  ------------------------- 
 Stefan Allanson (Chief 
  Financial Officer)       65,789 
------------------------  ------------------------- 
 

No consideration was paid for the grant of these conditional awards.

These awards will vest on 30 June 2019, subject to achievement of performance conditions.

These awards were granted pursuant to the MJ Gleeson plc Long Term Incentive Plan approved by shareholders in December 2016.

The notification below, made in accordance with the requirements of DTR 3.1 and Article 19 of The Market Abuse provide further detail.

Enquiries:

 
MJ Gleeson plc                             Tel: [phone] 
 Stefan Allanson, Chief Financial Officer 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------- 
 a)   Name                       Jolyon Harrison 
---  -------------------------  ------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------- 
 a)   Position/status            Chief Executive Officer 
---  -------------------------  ------------------------------- 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------- 
 a)   Name                       MJ Gleeson plc 
---  -------------------------  ------------------------------- 
 b)   LEI                        N/A 
---  -------------------------  ------------------------------- 
 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             Ordinary shares of 2 pence 
       the financial              each 
       instrument, type 
       of instrument 
                                  GB00BRKD9Z53 
       Identification 
       code 
---  -------------------------  ------------------------------- 
 b)   Nature of the              Grant of Options over Ordinary 
       transaction                Shares 
---  -------------------------  ------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
                                    Nil         210,526 
                                   ----------  ---------- 
---  -------------------------  ------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         210,526 Ordinary Shares 
 
 
       - Price                     Nil 
---  -------------------------  ------------------------------- 
 e)   Date of the transaction    12 December 2016 
---  -------------------------  ------------------------------- 
 f)   Place of the transaction   Off market 
---  -------------------------  ------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------- 
 a)   Name                       Stefan Allanson 
---  -------------------------  ------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------- 
 a)   Position/status            Chief Financial Officer 
---  -------------------------  ------------------------------- 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------- 
 a)   Name                       MJ Gleeson plc 
---  -------------------------  ------------------------------- 
 b)   LEI                        N/A 
---  -------------------------  ------------------------------- 
 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             Ordinary shares of 2 pence 
       the financial              each 
       instrument, type 
       of instrument 
                                  GB00BRKD9Z53 
       Identification 
       code 
---  -------------------------  ------------------------------- 
 b)   Nature of the              Grant of Options over Ordinary 
       transaction                Shares 
---  -------------------------  ------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
                                    Nil         65,789 
                                   ----------  ---------- 
---  -------------------------  ------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         65,789 Ordinary Shares 
 
 
       - Price                     Nil 
---  -------------------------  ------------------------------- 
 e)   Date of the transaction    12 December 2016 
---  -------------------------  ------------------------------- 
 f)   Place of the transaction   Off market 
---  -------------------------  ------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 12, 2016 11:58 ET (16:58 GMT)