Exercise and grant of share options
Source: RNS
20 May 2024
Mears Group plc
("Mears" or the "Company")
Exercise and grant of share options
Mears Group PLC (LSE: MER) announces that on 17 May 2024, Mr Lucas Critchley, Chief Executive Officer, exercised options over 6,851 ordinary shares of 1 penny each in the Company ("Ordinary Shares") in connection with the Company's Sharesave plan, at an exercise price of 93.0 pence per share.
Following this purchase, Mr Critchley has an interest in 11,017 Ordinary Shares representing approximately 0.01 per cent. of the Company's voting share capital.
In addition, on 17 May 2024, Mr Critchley was granted 6,352 options over Ordinary Shares under the Company's Sharesave plan. The award has been granted with an exercise price of 292p and will normally become exercisable on 1 July 2027.
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For further information, contact: |
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Mears Group PLC |
Tel: +44(0)1452 634 600 |
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Andrew Smith |
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Deutsche Numis |
Tel: +44(0)207 260 1000 |
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Julian Cater |
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Kevin Cruickshank |
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Panmure Gordon |
Tel: +44(0)207 886 2500 |
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Tom Scrivens |
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James Sinclair-Ford |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1
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Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Lucas Critchley |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Mears Group PLC |
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b) |
LEI |
213800DHCALLH8IRJV57 |
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4
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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)
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Description of the financial instrument, type of instrument |
Ordinary shares of 1 pence each |
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Identification code |
GB0005630420 |
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b) |
Nature of the transaction |
Purchase of shares |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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93.0p |
6,851 |
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d)
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Aggregated information |
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- Aggregated volume |
6,851 |
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- Price
- Total |
93.0 pence per share
£6,371.43 |
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e)
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Date of the transaction |
17 May 2024 |
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f)
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Place of the transaction |
Off market |
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