Director/PDMR Shareholding
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your IBST notes
Exercise of Awards under the Ibstock Plc Annual and Deferred Bonus Plan and the Ibstock Plc Long Term Incentive Plan
Notification of Transactions by Persons Discharging Managerial Responsibility ("PDMRs")
Following the vesting of share options granted to Joe Hudson (Chief Executive Officer) and Chris McLeish (Chief Financial Officer) under the Ibstock Plc Annual and Deferred Bonus Plan ("ADBP") and the Ibstock Plc Long Term Incentive Plan ("LTIP"), the Company was notified that on 30 April 2025 the following exercise and sale transactions took place.
Joe Hudson and Chris McLeish exercised options over Ibstock Plc ordinary shares of 1 penny each ("Ordinary Shares") granted under the ADBP and LTIP as laid out in the table below selling sufficient shares to cover the appropriate tax and national insurance liabilities with the balance being retained.
Chris McLeish gifted his remaining shares following the ADBP exercise, as detailed below, to his wife.
| Joe Hudson | 2022 LTIP | 14/4/22 | 193,292 | 30/4/25 | 91,075 | £1.75907 | 102,217 |
| Joe Hudson | 2022 ADBP | 14/4/22 | 103,593 | 30/4/25 | 48,811 | £1.75907 | 54,782 |
| Chris McLeish | 2022 LTIP | 14/4/22 | 130,049 | 30/4/25 | 61,277 | £1.75907 | 68,772 |
| Chris McLeish | 2022 ADBP | 14/4/22 | 69,701 | 30/4/25 | 32,842 | £1.75907 | 36,859 |
A two-year holding period will apply to the LTIP award following vesting.
Following these transactions, Joe Hudson's and Chris McLeish's total shareholding in the Company is 345,460 and 294,441 respectively.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Joe Hudson |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Executive Officer |
| b) | Initial notification / Amendment | Initial notification |
| a) | Name | Ibstock Plc |
| b) | LEI | 2138003QHTNX34CN9V93 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 1p each |
| Identification code | GB00BYXJC278 | |
| b) | Nature of the transaction | 1. Shares transferred to the PDMR from the exercise of vested awards under the: (a) Ibstock Plc Annual and Deferred Bonus Plan; and (b) Ibstock Plc Long Term Incentive Plan 2. Sale of shares to cover income tax and NI liability due on the exercise of these awards. |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| (1a) | Nil | 102,217 |
| (1B) | Nil | 54,782 |
| (2) | £1.75907 | 139,886 |
| d) | Aggregated information | |
| - Aggregated volume | 296,885 | |
| - Price | £1.75907 | |
| e) | Date of the transaction | 30/04/25 |
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Chris McLeish |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Financial Officer |
| b) | Initial notification / Amendment | Initial notification |
| a) | Name | Ibstock Plc |
| b) | LEI | 2138003QHTNX34CN9V93 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 1p each |
| Identification code | GB00BYXJC278 | |
| b) | Nature of the transaction | 1. Shares transferred to the PDMR from the exercise of vested awards under the: (a) Ibstock Plc Annual and Deferred Bonus Plan; and (b) Ibstock Plc Long Term Incentive Plan 2. Sale of shares to cover income tax and NI liability due on the exercise of these awards. |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| (1a) | Nil | 36,859 |
| (1b) | Nil | 68,772 |
| (2) | £1.75907 | 94,119 |
| d) | Aggregated information | |
| - Aggregated volume | 199,750 | |
| - Price | £1.75907 | |
| e) | Date of the transaction | 30/04/25 |
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.