Share Name Share Symbol Market Type Share ISIN Share Description
Michelmersh Brick Holdings Plc LSE:MBH London Ordinary Share GB00B013H060 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 87.50 86.00 89.00 87.50 87.00 87.50 22,228 16:24:35
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 46.3 6.4 5.8 15.1 81

Michelmersh Brick Holdings PLC Scrip Share Reference Price

16/12/2019 12:30pm

UK Regulatory (RNS & others)


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RNS Number : 0136X

Michelmersh Brick Holdings PLC

16 December 2019

16 December 2019

Michelmersh Brick Holdings PLC

("Michelmersh" or the "Company")

Scrip Share Reference Price

Michelmersh Brick Holdings PLC (AIM: MBH.L), the specialist brick manufacturer, today announces the reference price of a new ordinary share of 20 pence each in the capital of the Company ("Ordinary Share") under the scrip dividend alternative proposed for the interim dividend of 1.15 pence per Ordinary Share as announced by the Company in its Interim Results Statement of 3 September 2019.

The reference price of a new Ordinary Share under the scrip dividend alternative for the interim dividend has been set at 106.20 pence (the "Scrip Reference Price").

The Scrip Reference Price was calculated from the average of the middle market close price quotations on the London Stock Exchange, as derived from the Official Daily List, during the five dealing days beginning on 5 December 2019. Additional information on the scrip dividend can be found on the Company's website: www.mbhplc.co.uk

Enquiries:

 
 Michelmersh Brick Holdings Plc 
  Frank Hanna, Joint CEO 
  Stephen Morgan, Finance Director    07384 259407 
 Canaccord Genuity Limited (NOMAD 
  and Broker) 
  Bobbie Hilliam                      020 7523 
  Georgina McCooke                     8150 
 Yellow Jersey PR 
                                       07747 788 
  Charles Goodwin                       221 
                                        07544 275 
  Harriet Jackson                        882 
  Annabel Atkins 
 

About Michelmersh Brick Holdings PLC:

Michelmersh Brick Holdings PLC is a business with six market leading brands: Blockleys, Carlton, Charnwood, Freshfield Lane, Michelmersh, Hathern Terra Cotta and Floren. These divisions operate within a fully integrated business combining the manufacture of clay bricks 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 over 100 million clay bricks and pavers per annum. Michelmersh currently owns most of the UK's premium manufacturing brands and is a leading specification brick and clay paving manufacturer.

Michelmersh 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 are 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 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 websites at: www.mbhplc.co.uk and www.bimbricks.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

December 16, 2019 07:30 ET (12:30 GMT)

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