Ibstock PLC Director/PDMR Shareholding (4094T)

TIDMIBST

RNS Number : 4094T

Ibstock PLC

17 March 2023

LEI: 2138003QHTNX34CN9V93

Ibstock Plc (the "Company")

Grant of Awards under Ibstock Plc Annual and Deferred Bonus Plan

Notification of Transactions by Persons Discharging Managerial Responsibility ("PDMRs")

On 16 March 2023 the Company granted awards ("ADBP Awards") over Ibstock Plc ordinary shares of 1 penny each ("Ordinary Shares") in accordance with the rules of the Ibstock Plc Annual and Deferred Bonus Plan ("ADBP").

 
 Name                  Status            Number of Ordinary   Option 
                                          Shares under ADBP    Price 
                                          Award 
 Joseph Hudson         Chief Executive    116,395             GBPNil 
                        Officer 
                      ----------------  -------------------  ------- 
 Christopher McLeish   Chief Financial    78,312              GBPNil 
                        Officer 
                      ----------------  -------------------  ------- 
 

These ADBP Awards implement the deferred part of the Executive Directors' 2022 bonus entitlements under the rules of the ADBP.

No consideration was paid for the grant of the ADBP Awards which are structured as nil cost options. The number of Ordinary Shares granted under each ADBP Award has been calculated in accordance with the rules of the ADBP using an Ordinary Share price of 174.8 pence per share (the closing middle market quotation on 15 March 2023).

The ADBP Awards will normally vest on 16 March 2026, subject to the participant being an employee of the Group at that time. Once vested, the ADBP Award will normally be exercisable until the day before the tenth anniversary of the award date.

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

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                Joseph Hudson 
      ----------------------------------  ---------------------------------------------- 
       Reason for the notification 
  2 
      ---------------------------------------------------------------------------------- 
 a)    Position/status                     Chief Executive Officer 
      ----------------------------------  ---------------------------------------------- 
 b)    Initial notification                Initial notification 
        /Amendment 
      ----------------------------------  ---------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------- 
 a)    Name                                Ibstock Plc 
      ----------------------------------  ---------------------------------------------- 
 b)    LEI                                 2138003QHTNX34CN9V93 
      ----------------------------------  ---------------------------------------------- 
       Details of the transaction(s): section to be repeated for 
  4     (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                  Ordinary shares of 1p each 
        financial instrument, 
        type of instrument 
 
       Identification code                 GB00BYXJC278 
 
 b)    Nature of the transaction           Grant of awards under the Ibstock Plc 
                                            Annual and Deferred Bonus Plan 
      ----------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                     ----------------  --------------- 
                                                      Price(s)          Volume(s) 
                                                     ----------------  --------------- 
   (a)        Nil                                                       116,395 
             --------------------------------------------------------  --------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                 116,395 
 
  - Price                             Nil 
 
 e)    Date of the transaction             16 March 2023 
      ----------------------------------  ---------------------------------------------- 
 f)    Place of the transaction            Outside a trading venue 
      ----------------------------------  ---------------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                  Christopher McLeish 
      ------------------------------------  ---------------------------------------------- 
       Reason for the notification 
  2 
      ------------------------------------------------------------------------------------ 
 a)    Position/status                       Chief Financial Officer 
      ------------------------------------  ---------------------------------------------- 
 b)    Initial notification                  Initial notification 
        /Amendment 
      ------------------------------------  ---------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------ 
 a)    Name                                  Ibstock Plc 
      ------------------------------------  ---------------------------------------------- 
 b)    LEI                                   2138003QHTNX34CN9V93 
      ------------------------------------  ---------------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                    Ordinary shares of 1p each 
        financial instrument, 
        type of instrument 
 
       Identification code                   GB00BYXJC278 
 
 b)    Nature of the transaction             Grant of awards under the Ibstock Plc 
                                              Annual and Deferred Bonus Plan 
      ------------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                       ---------------  ---------------- 
                                                        Price(s)         Volume(s) 
                                                       ---------------  ---------------- 
   (a)        Nil                                                        78,312 
             ---------------------------------------------------------  ---------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                   78,312 
 
  - Price                               Nil 
 
 e)    Date of the transaction               16 March 2023 
      ------------------------------------  ---------------------------------------------- 
 f)    Place of the transaction              Outside a trading venue 
      ------------------------------------  ---------------------------------------------- 
 

Enquiries:

 
 Ibstock Plc     01530 261 999 
 Becky Parker 
 

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March 17, 2023 10:30 ET (14:30 GMT)