Business
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. Disclaimer*
About this update from Michelmersh Brick Holdings Plc
[{"type":"text","content":"\n\n3 December 2025\nMichelmersh Brick Holdings Plc\n(\"MBH\", the \"Company\" or the \"Group\")\nGrant of Options and PDMR dealing\nMichelmersh 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\").\nThe 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.\nFor further information, please contact:\n\n\n\n\nMichelmersh Brick Holdings plc\nRyan Mahoney, CEO\n\n\n\nTel: +44 (0)1825 430412\n\n\n\n\nCanaccord Genuity Limited (NOMAD and Broker)\nMax Hartley\nBobbie Hilliam\nHarry Pardoe\n\n\n\nTel: +44 (0)20 7523 8000\n \n\n\n\n\nAlma Strategic Communications\nAndrew Jaques\nSam Modlin\nKinvara Verdon\nLouisa El-Ahwal\n \n\n\nTel: +44 020 3405 0205\[email protected]\n\n\n\n\n \nAbout Michelmersh Brick Holdings PLC:\nMichelmersh Brick Holdings PLC is a business with seven market leading brands: Blockleys, Carlton, Charnwood, Freshfield Lane, Michelmersh, Floren and Hathern Terra Cotta. These divisions operate within a fully integrated business combining the manufacture of clay bricks 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.\nEstablished 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.\nMichelmersh 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 Britai...