Director/PDMR Shareholding
Ibstock Plc announced that Chief Executive Officer Joe Hudson exercised options under the Annual and Deferred Bonus Plan on 23 March 2026, exercising 136,855 ordinary shares. He sold 64,484 of these shares at £1.0300 each to cover tax liabilities, retaining the remaining 72,371 shares. Following these transactions, Mr. Hudson's total shareholding in the company is 417,831 shares.
Select text to share a quote on X · sign in to keep highlights & notes in your IBST notes
Following the vesting of share options granted to Joe Hudson (Chief Executive Officer) under the Ibstock Plc Annual and Deferred Bonus Plan ("ADBP"), the Company was notified that on 23 March 2026 the following exercise and sale transactions took place.
Joe Hudson exercised options over Ibstock Plc ordinary shares of 1 penny each ("Ordinary Shares") granted under the ADBP as laid out in the table below selling sufficient shares to cover the appropriate tax and national insurance liabilities with the balance being retained.
| Joe Hudson | 2023 ADBP | 16/03/23 | 136,855 | 23/03/26 | 64,484 | £1.0300 | 72,371 |
Following these transactions, Joe Hudson's total shareholding in the Company is 417,831.
| 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 Annual and Deferred Bonus Plan; and 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) | |
| (1) | Nil | 72,371 |
| (2) | £1.0300 | 64,484 |
| d) | Aggregated information | |
| - Aggregated volume | 136,855 | |
| - Price | £0.485 | |
| e) | Date of the transaction | 23/03/2026 |
| 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.