14th Oct 2026 17:04
Mears Group PLC
("Mears" or "the Group" or "the Company")
Receipt of ordinary shares by inheritance
Mears Group PLC (LSE: MER) announces that it has been notified that Andrew Smith, Chief Financial Officer and a Person Discharging Managerial Responsibilities, received 8,357 ordinary shares of 1 pence each in the Company (“Ordinary Shares”) on 14 October 2026 resulting from an inheritance.
Following this transaction, Mr Smith has an interest in 593,966 Ordinary Shares, representing approximately 0.72 per cent. of the Company's voting share capital.
Contact information
Ben Westran, Company Secretary Tel: +44(0)1452 634600
www.mearsgroup.co.uk
About Mears
Mears is a leading provider of services to the Housing sector, providing a range of services to individuals within their homes. We manage and maintain around 450,000 homes across the UK and work predominantly with Central Government and Local Government, typically through long-term contracts. We equally consider the residents of the homes that we manage and maintain to be our customers, and we take pride in the high levels of customer satisfaction that we achieve.
Mears currently employs over 5,000 people and provides services in every region of the UK. In partnership with our Housing clients, we provide property management and maintenance services. Mears has extended its activities to provide broader housing solutions to solve the challenge posed by the lack of affordable housing and to provide accommodation and support for the most vulnerable.
We focus on long-term outcomes for people rather than short-term solutions and invest in innovations that have a positive impact on people's quality of life and on their communities' social, economic, and environmental wellbeing. Our innovative approaches and market leading positions are intended to create value for our customers and the people they serve while also driving sustainable financial returns for our providers of capital, especially our shareholders.
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014 (as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
Details of the person discharging managerial responsibilities / person closely associated | ||||||
Name | Andrew Smith | |||||
Reason for the notification | ||||||
Position/status | Chief Financial Officer | |||||
Initial notification /Amendment | Initial notification | |||||
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
Name | Mears Group PLC | |||||
LEI | 213800DHCALLH8IRJV57 | |||||
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 | ||||||
Description of the Financial instrument, type of instrument Identification code | Ordinary shares of 1p each GB0005630420 | |||||
Nature of the transaction | Receipt of Ordinary shares by inheritance | |||||
Price(s) and volume(s) |
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Aggregated information Aggregated volumePrice
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Date of the transaction | 14 October 2026 | |||||
Place of the transaction | Off market | |||||
Related Shares:
Mears