Grant of Options and PDMR dealing
Michelmersh Brick Holdings PLC announced the annual grant of options under its Long Term Incentive Plan 2022, with the 2026 Grant valued at 100% of basic salary and featuring three-year performance targets for EPS and total shareholder return. Specifically, Chief Executive Officer Ryan Mahoney was granted options over 443,704 ordinary shares at nil cost on May 7, 2026, with the final number of shares issued contingent on achieving performance conditions.
Select text to share a quote on X · sign in to keep highlights & notes in your MBH notes
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").
This year's grant (the "2026 Grant") includes three-year performance targets linked to the delivery of EPS absolute performance and total shareholder return performance when benchmarked against a UK based industry peer group. The 2026 Grant equates to a value of 100% of basic salary.
Options over 443,704 shares were granted under the 2026 Grant to Ryan Mahoney, Chief Executive Officer of the Group.
The number of shares in respect of the 2026 Grant that may be issued following the three-year performance period shall depend upon the extent to which performance conditions are achieved over that period.
| a) | Full Name | Ryan Mahoney |
| 2 | Reason for the notification | |
| a) | Position / status | CEO |
| 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: 443,704 |
| d) | Aggregated information Aggregated volume and Price | N/A - single transaction |
| e) | Date of the transaction | 7 May 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.