Director/PDMR Shareholding
Ibstock Plc announced on March 17, 2026, that its Chief Executive Officer, Joseph Hudson, was granted 182,055 ordinary shares under the Annual and Deferred Bonus Plan with an option price of nil. These awards represent the deferred portion of his 2025 bonus entitlement, calculated based on an ordinary share price of 103.87 pence. The awards are expected to vest on March 16, 2029, and are exercisable for ten years thereafter, subject to continued employment.
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On 16th March 2026 the Company granted awards ("ADBP Awards") over Ibstock Plc ordinary shares of 1 penny each ("Ordinary Shares") in accordance with the rules of the Ibstock Plc Annual and Deferred Bonus Plan ("ADBP").
| Name | Status | Number of Ordinary Shares under ADBP Award | Option Price |
|---|---|---|---|
| Joseph Hudson | Chief Executive Officer | 182,055 | £Nil |
These ADBP Awards implement the deferred part of the Executive Directors' 2025 bonus entitlements under the rules of the ADBP.
No consideration was paid for the grant of the ADBP Awards which are structured as nil cost options. The number of Ordinary Shares granted under each ADBP Award has been calculated in accordance with the rules of the ADBP using an Ordinary Share price of 103.87 pence per share (measured over the average of the closing middle market quotation measured over dealing days falling in the last 3 days prior to date of grant).
The ADBP Awards will normally vest on 16th March 2029, subject to the participant being an employee of the Group at that time. Once vested, the ADBP Award will normally be exercisable until the day before the tenth anniversary of the award date.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Joseph 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 | Grant of awards under the Ibstock Plc Annual and Deferred Bonus Plan |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| (a) | Nil | 182,055 |
| d) | Aggregated information | |
| - Aggregated volume | 182,055 | |
| - Price | Nil | |
| e) | Date of the transaction | 16 th March 2026 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.