Business
Performance Share Plan award to PDMRs
Performance Share Plan award to PDMRs.
About this update from Mj Gleeson Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6438N\n MJ Gleeson PLC\n 01 October 2021\n \n \n \n \n MJ GLEESON plc \n \n \n Incorporated in England and Wales \n \n \n Registration number: 09268016 \n \n \n LEI: 21380064K7N2W7FD6434 \n \n \n ISIN: GB00BRKD9Z53\n \n \n \n \n \n \n \n \n 1 October 2021\n \n \n \n \n \n MJ Gleeson Plc \n \n \n (\"the Company\")\n \n \n \n \n \n Performance Share Plan award to PDMRs\n \n \n \n \n \n The Company announces that on 27 September 2021, under the Company's Long Term Incentive Plan (the \"Plan\"), that the Persons Discharging Management Responsibilities (\"PDMR\") listed below were granted nil-cost share options (\"Option\") over a total of 58,661 Ordinary shares of 2p each in the Company (\"Shares\").\n \n \n \n \n \n \n \n \n PDMR\n \n \n \n \n Number of Shares subject to Option\n \n \n \n \n \n \n Mark Knight (Managing Director, Gleeson Homes)\n \n \n \n \n 33,784\n \n \n \n \n \n \n James Pitt (Managing Director, Gleeson Land) \n \n \n \n \n 22,113\n \n \n \n \n \n \n Leanne Johnson (Company Secretary)\n \n \n \n \n 2,764\n \n \n \n \n \n \n \n \n No consideration was paid for the grant of the Option.\n The number of Shares subject to the Option was calculated based on a share price of 814p, being the mid-market closing price, as derived from the London Stock Exchange daily Official List, for dealings on 24 September 2021. \n \n \n \n \n \n Vesting of the Option is conditional upon achieving certain performance targets over the three-year performance period ending 30 June 2024. The Option will vest, and will be capable of exercise, from the date on which the Company announces is financial results for the financial year ended 30 June 2024. \n \n \n \n \n \n Enquiries:\n \n \n \n \n \n \n \n \n Leanne Johnson\n \n \n Head of Legal and Company Secretary\n \n \n MJ Gleeson plc \n \n \n \n \n \n \n \n \n \n \n \n \n \n Tel: 01142 612 900\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n The Notification of Dealing Forms set out below are provided in accordance with the requirements of the UK Market Abuse Regulation.\n \n \n \n \n 1.\n \n \n Details of PDMR / person closely associated with them ('CAP')\n \n \n \n \n a)\n \n \n First Name\n \n \n Mark\n \n \n \n \n \n b)\n \n \n Last Name\n \n \n Knight\n &...