Grant of Options and PDMR dealing
Michelmersh Brick Holdings PLC announced the grant of 69,930 nil-cost options under its Long Term Incentive Plan 2022 to Chief Financial Officer Rachel Warren, exercisable from June 2026 and June 2027, as compensation for forfeited incentive arrangements.
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Michelmersh Brick Holdings PLC (AIM: MBH), the specialist brick manufacturer, announces that earlier today an annual grant of options was made under the Company's Long Term Incentive Plan 2022 ("LTIP").
The Remuneration Committee has granted a total of 69,930 options (the "LTIP Options") over ordinary shares of 20 pence each in the Company, exercisable at nil-cost, to Rachel Warren, Chief Financial Officer of the Company. The nil-cost options are to compensate Rachel for certain incentive arrangements which she forfeited on leaving her previous employer. This award is due to vest and become exercisable in two tranches from 30 June 2026 and 30 June 2027.
| a) | Full Name | Rachel Warren |
| 2 | Reason for the notification | |
| a) | Position / status | CFO |
| b) | Initial notification / amendment | Initial Notification |
| a) | Name | Michelmersh Brick Holdings plc |
| b) | LEI | 213800CIFQFPAHIQE695 |
| a) | Description of the financial instrument Identification code | Ordinary shares of 20 pence each in the capital of the Company ISIN: GB00B013H060 |
| b) | Nature of the transaction | Grant of Nil-Cost Options under the Long Term Incentive Plan 2022 |
| c) | Price(s) and volume(s) | Price: Nil Volume: 69,930 |
| d) | Aggregated information Aggregated volume and Price | N/A - single transaction |
| e) | Date of the transaction | 3 December 2025 |
| 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.