LEI: 2138003QHTNX34CN9V93
Ibstock Plc (the "Company")
Grant of Awards under Ibstock Plc Annual and Deferred Bonus Plan
Notification of Transactions by Persons Discharging Managerial Responsibility ("PDMRs")
On 20th March 2025 the Company granted awards ("ADBP Awards") over Ibstock Plc ordinary shares of 1 penny each ("Ordinary Shares") in accordance with the rules of the Ibstock Plc Annual and Deferred Bonus Plan ("ADBP").
| Name | Status | Number of Ordinary Shares under ADBP Award | Option Price |
| Joseph Hudson | Chief Executive Officer | 81,261 | £Nil |
| Christopher McLeish | Chief Financial Officer | 54,673 | £Nil |
These ADBP Awards implement the deferred part of the Executive Directors' 2024 bonus entitlements under the rules of the ADBP.
No consideration was paid for the grant of the ADBP Awards which are structured as nil cost options. The number of Ordinary Shares granted under each ADBP Award has been calculated in accordance with the rules of the ADBP using an Ordinary Share price of 184.16 pence per share (measured over the average of the closing middle market quotation measured over dealing days falling in the last 30 days of the financial year ending 31 December 2024)
The ADBP Awards will normally vest on 20th March 2028, subject to the participant being an employee of the Group at that time. Once vested, the ADBP Award will normally be exercisable until the day before the tenth anniversary of the award date.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
| 1
| Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Joseph Hudson | |||
| 2
| Reason for the notification | ||||
| a) | Position/status | Chief Executive Officer | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Ibstock Plc | |||
| b) | LEI | 2138003QHTNX34CN9V93 | |||
| 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, type of instrument | Ordinary shares of 1p each | |||
| | | ||||
| Identification code | GB00BYXJC278 | ||||
| | | ||||
| b)
| Nature of the transaction | Grant of awards under the Ibstock Plc Annual and Deferred Bonus Plan | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | (a) | Nil | 81,261 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 81,261 | ||||
| | | ||||
| - Price | Nil | ||||
| | | ||||
| e) | Date of the transaction | 20th March 2025 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Christopher McLeish | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Financial Officer | |||
| b)
| Initial notification /Amendment | Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Ibstock Plc | |||
| b) | LEI | 2138003QHTNX34CN9V93 | |||
| 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, type of instrument | Ordinary shares of 1p each | |||
| | | ||||
| Identification code | GB00BYXJC278 | ||||
| | | ||||
| b)
| Nature of the transaction
| Grant of awards under the Ibstock Plc Annual and Deferred Bonus Plan | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | (a) | Nil | 54,673 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 54,673 | ||||
| | | ||||
| - Price | Nil | ||||
| | | ||||
| e) | Date of the transaction | 20th March 2025 | |||
| f) | Place of the transaction | Outside a trading venue | |||
Enquiries:
| Ibstock Plc | 01530 261 999 |
| Nick Giles, Group Company Secretary | |
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