Business
Issue of Equity
Issue of Equity.
About this update from Michelmersh Brick Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 9711Z Michelmersh Brick Holdings PLC 20 March 2017 \n\n20 March 2017\nMichelmersh Brick Holdings PLC\n(\"MBH\", or the \"Group\")\nISSUE OF EQUITY\n \nThe Company has today applied for 6,042 new ordinary shares of 20 pence each (\"New Ordinary Shares\") to be admitted to trading on AIM (\"Admission\") following the exercise of options. It is expected that dealings in the New Ordinary Shares will commence on 24 March 2017.\n \nFollowing admission, the Company will have 81,477,220 ordinary shares of 20 pence each (\"Ordinary Shares\") outstanding. The figure of 81,477,220 Ordinary Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.\n \n Enquiries:\n \n\n\n\n\nMichelmersh Brick Holdings\nFrank Hanna, Joint CEO\nStephen Morgan, Finance Director\n \n\n\n01825 430 413\n\n\n\n\n\n\n\nCenkos Securities plc\nBobbie Hilliam (NOMAD)\nHarry Pardoe\nAlex Aylen (Sales)\n \n\n\n020 7397 8900\n\n\n\n\n\n\n\nYellow Jersey PR\nCharles Goodwin\nDominic Barretto\n \n\n\n \n07747 788 221\n07768 537 739\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAbout Michelmersh Brick Holdings PLC:\n \nMichelmersh Brick Holdings PLC is a business with five market leading brands: Blockleys, Charnwood, Freshfield Lane, Michelmersh and Hathern Terra Cotta. 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.\n \nEstablished in 1997 the Company has grown through acquisition and organic growth into a profitable and asset rich business, producing approximately 72 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.\nMBH 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 i...