8th Nov 2017 16:54
8 November 2017
MJ Gleeson Plc
("the Company")
Notification of Transaction by Directors/PDMRs
In accordance with DTR 3.1 and Article 19 of The Market Abuse Regulation, the Company announces that it was notified on 7 November 2017 that North Atlantic Smaller Companies Investment Trust PLC and Oryx International Growth Fund Ltd, part of Harwood Capital LLP, to which Christopher Mills, Director of these Companies is a beneficiary, sold a total of 1,500,000 ordinary shares at an average price of 726.0333 pence per Ordinary Share. As a consequence of this transaction Mr. Mills is directly and indirectly interested, including those held by Related Persons, in 8,555,000 shares:
Shareholders
| Shares Sold
| Total held now | Percentage of Issued Share Capital |
North Atlantic Smaller Companies Investment Trust plc | 1,000,000 | 7,000,000 | 12.82% |
Oryx International Growth Fund Ltd | 500,000 | 1,500,000 | 2.75% |
Harwood Capital LLP | 0 | 55,000 | 0.10% |
Total |
| 8,555,000 | 15.67% |
Following the above disposals, his current shareholdings, including those held by Related Persons, are as follows:
1. | Details of PDMR / person closely associated with them ('CAP') | |||||||||
a) | First Name | Christopher | ||||||||
b) | Last Name | Mills | ||||||||
2. | Reasons for the notification | |||||||||
a) | Position / status | Director | ||||||||
b) | Initial notification / amendment | Initial notification | ||||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Full name of the entity | MJ Gleeson plc | ||||||||
b) | Legal Entity Identifier code | 21380064K7N2W7FD6434 | ||||||||
4. | 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 | |||||||||
a) | Description of the financial instrument Identification Code | Ordinary Shares of £0.02 each GB00BRKD9Z53 | ||||||||
b) | Nature of the transaction | Disposal via indirect holding through North Atlantic Smaller Companies Investment Trust PLC and Oryx International Growth Fund Ltd, part of Harwood Capital LLP. | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d) | Aggregated information - Aggregated volume - Price |
1,500,000 £7.260333 per share | ||||||||
e) | Date of the transaction
| 7 November 2017
| ||||||||
f) | Place of the transaction
| London Stock Exchange (XLON)
| ||||||||
Enquiries:
S Allanson
Chief Financial Officer & Company Secretary
MJ Gleeson plc Tel: 01142 612900
Related Shares:
MJGleeson