07 February 2013
Michelmersh Brick Holdings Plc
("MBH", the "Group" or the "Company")
Outline Planning Consent Granted for Telford Site
Further to the Group's previous statements about the expected planning developments at its 15 acre freehold site in Telford, Michelmersh Brick Holdings is pleased to announce that at a planning meeting of Telford & Wrekin Council on 6 February 2013, a resolution was passed to approve outline planning consent for the site. The consent relates to the residential development of up to 185 dwellings subject to standard conditions. The consented land was formerly the site of brick manufacturing which ceased in 2010 and is adjacent to the Group's current brick manufacturing facility which is expected to continue to manufacture 22 million bricks per annum.
Further details will be provided when the Company reports its full year results, for the year ended 31 December 2012, on Monday 25 March 2013.
For further information: |
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Martin Warner, Chief Executive, Michelmersh Brick Holdings: |
01442 870 227 |
Jeremy Carey, Tavistock Communications: |
020 7920 3150 |
Tom Griffiths, Westhouse Securities: |
020 7601 6100 |
Notes to Editors:
Michelmersh Brick Holdings PLC is the holding company for Michelmersh Brick UK Ltd, a business with seven leading market brands: Blockleys, Charnwood, Dunton, Freshfield Lane, Hathern Terra Cotta, Michelmersh and Taperell Taylor. These divisions operate within a fully integrated business combining the manufacture of clay bricks, tiles and pavers. 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 by Martin Warner, Chief Executive and Eric Gadsden, Chairman, the Company has grown through acquisition and organic growth into a profitable, cash generative and asset rich business, producing approximately 70 million clay bricks, tiles and pavers per annum. MBH currently owns most of the UK's premium manufacturing brands and is a leading specification brick and clay paving manufacturer.
Recently MBH's products have been successfully used in projects such as the extension of the Lutyens-designed, Grade II Listed, Henrietta Barnett School in Hampstead Garden Suburb, the award-winning Holiday Inn Express in Manchester and the contemporary Falmer Academy building in Brighton. We are also suppliers to high value housing developers such as Berkeley and St James Homes, delivering to key city regeneration projects such as Battersea Reach.
Further information on the Company can be found at www.mbhplc.co.uk
