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On 7 May 2026, Michelmersh Brick Holdings PLC announced an annual grant of options under its Long Term Incentive Plan 2022. Options over 443,704 shares were granted to Ryan Mahoney, Chief Executive Officer, representing a value of 100% of his basic salary.
| Date | 7 May 2026 |
| Time | 10:00:00 |
| Category | Director/PDMR dealings |
| ID | 4166D |
7 May 2026
Michelmersh Brick Holdings Plc
("MBH", the "Company" or the "Group")
Grant of Options and PDMR dealing
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.
For further information, please contact:
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Michelmersh Brick Holdings plc Ryan Mahoney, CEO |
Tel: +44 (0)1825 430412 |
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Canaccord Genuity Limited (NOMAD and Broker) Max Hartley Bobbie Hilliam Harry Pardoe |
Tel: +44 (0)20 7523 8000
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Alma Strategic Communications Andrew Jaques Sam Modlin Kinvara Verdon Louisa El-Ahwal
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Tel: +44 (0) 20 3405 0205
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About Michelmersh Brick Holdings PLC:
Michelmersh Brick Holdings PLC is a business with six market leading brands: Blockleys, Carlton, FabSpeed, Freshfield Lane, Michelmersh and Floren.be. These divisions operate within a fully integrated business, combining the production of premium, precision-made bricks, pavers, special shaped bricks and prefabricated brick components. The Group also includes a landfill operator, New Acres Limited, and seeks to develop future landfill and development opportunities on ancillary land assets.
Established in 1997, the Company has grown through acquisition and organic growth into a profitable and asset rich business, producing over 120 million clay bricks and pavers per annum. Michelmersh currently owns most of the UK's premium manufacturing brick brands and is a leading specification brick and clay paving manufacturer.
Michelmersh strives to be a well invested, long term, sustainable, environmentally responsible business. Opportunity, training and security for all employees, whilst meeting the needs of stakeholders are at the forefront of everything we do. We aim to lead the way in producing some of Britain's premium clay products and enhancing our environment by adding value to the architectural landscape for generations to come.
We are Michelmersh Brick Holdings PLC: we are "Britain's Brick Specialist".
Please visit the Group's websites at: www.mbhplc.co.uk and www.bimbricks.com
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1 |
Details of PDMR / person closely associated with them ('PCA')
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a) |
Full Name |
Ryan Mahoney
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2 |
Reason for the notification
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a) |
Position / status |
CEO |
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b) |
Initial notification / amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor |
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a) |
Name |
Michelmersh Brick Holdings plc |
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b) |
LEI |
213800CIFQFPAHIQE695 |
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4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a) |
Description of the financial instrument
Identification code |
Ordinary shares of 20 pence each in the capital of the Company
ISIN: GB00B013H060 |
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b) |
Nature of the transaction |
Grant of Nil-Cost Options under the Long Term Incentive Plan 2022
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c) |
Price(s) and volume(s)
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Price: Nil
Volume: 443,704
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d) |
Aggregated information Aggregated volume and Price |
N/A - single transaction |
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e) |
Date of the transaction
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7 May 2026 |
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f) |
Place of the transaction |
Outside a trading venue |
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