Brickability Group PLC
LEI: 213800SK28MWXB3K3P26
9 August 2024
Brickability Group
PLC
(the
"Company" or the "Group")
Director/PDMR
shareholding
Brickability Group PLC,
the leading construction materials
distributor, announces that it has been informed that on 8
August 2024 Richard Cosgrove, Managing Director
within the Bricks and Building Materials Division, exercised his
vested 2020 LTIP options over 162,758 ordinary shares of 1 penny
each in the Company ("Ordinary Shares"). Richard sold 78,135
Ordinary Shares at a price of 69.1250 pence each to cover the
purchase costs and his tax liabilities.
Following this purchase, Richard
Cosgrove is beneficially interested in 84,623 Ordinary Shares in
the Group representing 0.03% of the issued share capital of the
Company.
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Enquiries:
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Brickability Group PLC
John Richards, Chairman
Frank Hanna, Chief Executive
Officer
Mike Gant, Chief Financial
Officer
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via Montfort
Communications
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Peel Hunt LLP
(Nominated Adviser &
Broker)
Ed Allsopp
Tom Graham
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+44 (0) 20 7418 8900
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Montfort Communications
James Olley
Ella Henderson
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+44 (0) 203 514 0897
brickability@montfort.london
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About Brickability
Brickability Group PLC is a leading
distributor and provider of specialist products and services to the
UK construction industry. The business comprises four divisions:
Bricks and Building Materials, Importing, Distribution and
Contracting. With an agile, de-centralised, capital-light business
model, supported by a strong balance sheet, Brickability leverages
the skills of its people company-wide to effectively service the
complex and evolving needs of the construction industry.
Founded in 1985, the Group has grown
organically through product diversification and geographic
expansion, as well as through the acquisition of specialist
businesses that support its long-term strategy for growth. Today,
the Group encompasses a diverse portfolio of market-leading brands
and a dedicated team of over 800 skilled professionals, led by a
management team with deep-rooted knowledge and experience in the UK
and European construction industries.
The Group is committed to building
better communities throughout the supply chain and supporting the
delivery of sustainable developments that enhance the built
environment for future generations, while delivering continuous
value for shareholders.
The information below, set out in
accordance with article 19(3) of the UK Market Abuse
Regulation, provides further details.
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1
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Details of the person discharging managerial responsibilities
/ person closely associated
|
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a)
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Name
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Richard Cosgrove
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2
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Reason for the notification
|
|
a)
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Position/status
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Managing Director within the Bricks
and Building Materials Division
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b)
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Initial notification
/Amendment
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Initial Notification
|
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
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a)
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Name
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Brickability Group PLC
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b)
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LEI
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213800SK28MWXB3K3P26
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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 the financial
instrument, type of instrument
Identification code
|
Ordinary Shares
GB00BK63S759
|
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b)
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Nature of the transaction
|
Exercise of 2020 vested LTIP
options
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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1 penny
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162,758
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|
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d)
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Aggregated information
- Aggregated volume
- Price
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n/a - single transaction
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e)
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Date of the transaction
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8 August 2024
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f)
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Place of the transaction
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Off market - new issue of
shares
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|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Richard Cosgrove
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Managing Director within the Bricks
and Building Materials Division
|
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Brickability Group PLC
|
|
b)
|
LEI
|
213800SK28MWXB3K3P26
|
|
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 the financial
instrument, type of instrument
Identification code
|
Ordinary Shares
GB00BK63S759
|
|
b)
|
Nature of the transaction
|
Sale of sufficient shares to cover
purchase costs & tax liabilities following exercise of vested
2020 LTIP options
|
|
c)
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Price(s) and volume(s)
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|
Price(s)
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Volume(s)
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69.1250 pence
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78,135
|
|
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d)
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Aggregated information
- Aggregated volume
- Price
|
n/a - single transaction
|
|
e)
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Date of the transaction
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8 August 2024
|
|
f)
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Place of the transaction
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London Stock Exchange -
AIM
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