Director/PDMR Shareholding
Ibstock Plc announced that Chief Executive Officer Joe Hudson exercised options under the Long Term Incentive Plan on 20 April 2026, exercising 33,175 ordinary shares. He sold 15,632 of these shares at £1.0660 each to cover tax and national insurance liabilities, retaining the remaining 17,543 shares. Following these transactions, Mr. Hudson's total shareholding in the Company is 435,374 shares.
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Following the vesting of share options granted to Joe Hudson (Chief Executive Officer) under the Ibstock Plc Long Term Incentive Plan ("LTIP"), the Company was notified that on 20 April 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 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.
| Joe Hudson | 2023 LTIP | 03/04/23 | 33,175 | 20/04/26 | 15,632 | £1.0660 | 17,543 |
A two-year holding period will apply to the LTIP award following vesting.
Following these transactions, Joe Hudson's total shareholding in the Company is 435,374.
| 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 Long Term Incentive 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 | 17,543 |
| (2) | £1.0660 | 15,632 |
| d) | Aggregated information | |
| - Aggregated volume | 33,175 | |
| - Price | £0.502 | |
| e) | Date of the transaction | 20/04/2026 |
| 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.