Director/PDMR Shareholding
On October 23, 2025, MJ Gleeson PLC granted nil-cost share options under its Long Term Incentive Plan to Directors and PDMRs. Chief Executive Officer Graham Prothero received options over 247,099 shares, while Chief Financial Officer Stefan Allanson was granted options over 153,654 shares. Company Secretary Leanne Johnson received options over 15,297 shares, and Chief Operating Officer (Gleeson Homes) Simon Topliss received options over 30,453 shares. The share price used to calculate the number of shares was 353p. Vesting for Graham Prothero and Stefan Allanson is conditional on performance targets over three years ending June 30, 2028.
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LTIP Options to Directors and PDMRs
The Company announces that on 23 October 2025 under the Company's Long Term Incentive Plan (the "Plan"), that the Directors and Persons Discharging Management Responsibilities ("PDMR") listed below were granted nil-cost share options (each an "Option") over Ordinary Shares of 2p each in the Company ("Shares") as follows:
| DIRECTOR / PDMR | Number of Shares subject to Option |
|---|---|
| Graham Prothero (Chief Executive Officer) | 247,099 |
| Stefan Allanson (Chief Financial Officer) | 153,654 |
| Leanne Johnson (Company Secretary) | 15,297 |
| Simon Topliss (Chief Operating Officer, Gleeson Homes) | 30,453 |
Each Option was granted pursuant to the Plan approved by shareholders in December 2016 and amended by the Board in accordance with paragraph 19.2 of the Plan, in September 2023.
No consideration was paid for the grant of the Options. The number of Shares subject to each Option was calculated based on a share price of 353p, being the mid-market closing price, as derived from the London Stock Exchange daily Official List, for dealings on 22 October 2025.
For Graham Prothero and Stefan Allanson, vesting of each Option is conditional upon achieving certain performance targets over the three-year performance period ending 30 June 2028 and continued service (save for good leaver treatment) through to the assessment of the performance targets. Full details of the performance targets are disclosed in the Company's FY25 Annual Report and, to the extent they become vested, the Options will normally become exercisable when Company announces its financial results for the financial year ending 30 June 2030.
For the PDMRs the Options are subject to a performance underpin condition and a continued service requirement through to the time vesting of the Options. To the extent they become vested, the Options will normally become exercisable when Company announces its financial results for the financial year ending 30 June 2028.
| 1. | Details of PDMR / person closely associated with them ('CAP') | |
| a) | First Name | Graham |
| b) | Last Name | Prothero |
| 2. | Reasons for the notification | |
| a) | Position / status | Chief Executive Officer |
| b) | Initial notification / amendment | Initial Notification |
| a) | Full name of the entity | MJ Gleeson Plc |
| b) | Legal Entity Identifier code | 21380064K7N2W7FD6434 |
| a) | Description of the financial instrument Identification Code | Ordinary Shares of £0.02 each GB00BRKD9Z53 |
| b) | Nature of the transaction | Grant of a nil cost Option over Ordinary Shares under the Company's LTIP |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 247,099 |
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction |
| e) | Date of the transaction | 23 October 2025 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of PDMR / person closely associated with them ('CAP') | |
| a) | First Name | Stefan |
| b) | Last Name | Allanson |
| 2. | Reasons for the notification | |
| a) | Position / status | Chief Financial Officer |
| b) | Initial notification / amendment | Initial Notification |
| a) | Full name of the entity | MJ Gleeson Plc |
| b) | Legal Entity Identifier code | 21380064K7N2W7FD6434 |
| a) | Description of the financial instrument Identification Code | Ordinary Shares of £0.02 each GB00BRKD9Z53 |
| b) | Nature of the transaction | Grant of a nil cost Option over Ordinary Shares under the Company's LTIP |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 153,654 |
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction |
| e) | Date of the transaction | 23 October 2025 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of PDMR / person closely associated with them ('CAP') | |
| a) | First Name | Leanne |
| b) | Last Name | Johnson |
| 2. | Reasons for the notification | |
| a) | Position / status | Company Secretary |
| b) | Initial notification / amendment | Initial Notification |
| a) | Full name of the entity | MJ Gleeson Plc |
| b) | Legal Entity Identifier code | 21380064K7N2W7FD6434 |
| a) | Description of the financial instrument Identification Code | Ordinary Shares of £0.02 each GB00BRKD9Z53 |
| b) | Nature of the transaction | Grant of a nil cost Option over Ordinary Shares under the Company's LTIP. |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 15,297 |
| d) | Aggregated information - Aggregated volume - Price | Not applicable- single transaction |
| e) | Date of the transaction | 23 October 2025 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of PDMR / person closely associated with them ('CAP') | |
| a) | First Name | Simon |
| b) | Last Name | Topliss |
| 2. | Reasons for the notification | |
| a) | Position / status | Chief Operating Officer (Gleeson Homes) |
| b) | Initial notification / amendment | Initial Notification |
| a) | Full name of the entity | MJ Gleeson Plc |
| b) | Legal Entity Identifier code | 21380064K7N2W7FD6434 |
| a) | Description of the financial instrument Identification Code | Ordinary Shares of £0.02 each GB00BRKD9Z53 |
| b) | Nature of the transaction | Grant of a nil cost Option over Ordinary Shares under the Company's LTIP. |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 30,453 |
| d) | Aggregated information - Aggregated volume - Price | Not applicable- single transaction |
| e) | Date of the transaction | 23 October 2025 |
| f) | Place of the transaction | Outside a trading venue |
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