Brickability Group
PLC
LEI: 213800SK28MWXB3K3P26
20 January 2025
Brickability Group
PLC
(the
"Company" or the "Group")
PDMR
shareholding
Brickability Group PLC,
the leading construction materials
distributor, announces that it has been informed that on 17
January 2025 Richard Cosgrove, Managing Director
within the Bricks and Building Materials Division, exercised his
vested 2021 LTIP options over 18,097 ordinary shares of 1
penny each in the Company ("Ordinary Shares"). Richard sold
8,709 Ordinary Shares at a price of 60.10 pence each to cover
the purchase costs and his tax liabilities.
Following this purchase, Richard
Cosgrove is beneficially interested in 94,011 Ordinary Shares in
the Group representing 0.03% of the issued share capital of the
Company.
|
Enquiries:
Brickability Group PLC
|
via Burson Buchanan
|
|
John Richards, Chairman
Frank Hanna, Chief Executive
Officer
Mike Gant, Chief Financial
Officer
|
|
|
Peel Hunt LLP
(Nominated Adviser & Broker)
Ed Allsopp
Charlotte Sutcliffe
Tom Graham
Burson Buchanan
Mark Court
Stephanie Whitmore
Abby Gilchrist
|
+44 (0) 20 7418
8900
+44 (0) 20 7466 5000
brickability@buchanancomms.co.uk
|
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.
|
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
|
Exercise of 2021 vested LTIP
options
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
1 penny
|
18,097
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a - single transaction
|
|
e)
|
Date of the transaction
|
17 January 2025
|
|
f)
|
Place of the transaction
|
Off market - new issue of
shares
|
|
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
2021 LTIP options
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
60.10 pence
|
8,709
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a - single transaction
|
|
e)
|
Date of the transaction
|
17 January 2025
|
|
f)
|
Place of the transaction
|
London Stock Exchange -
AIM
|