Mears Group
PLC
("Mears" or "the Group" or
"the Company")
Director/PDMR
Shareholding
Grant of Deferred Bonus Share
Plan awards
Mears Group PLC, the leading
provider of services to the Housing sector in the UK, announces
that on 16 April 2024 the following awards over ordinary shares of
1 pence each in the Company ("Shares") were granted under the Mears
Group Deferred Bonus Share Plan to the following directors and
persons discharging managerial responsibilities:
|
Director/ PDMR
|
Position
|
No. of Shares under
award
|
|
|
|
|
|
Lucas Critchley
|
Chief
Executive Officer
|
19,484
|
|
Andrew Smith
|
Chief
Financial Officer
|
26,448
|
The awards have been granted in the
form of nominal-cost options and will normally become exercisable
on 16 April 2027.
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
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a.
|
Name
|
Lucas Critchley
|
|
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
|
Mears Group PLC
|
|
b.
|
LEI
|
213800DHCALLH8IRJV57
|
|
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
Identification code
|
Ordinary shares of 1p
each
GB0005630420
|
|
b.
|
Nature of the transaction
|
Issue of option under deferred share
bonus plan
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
0.01 GBP
|
19,484
|
|
|
d.
|
Aggregated information
· Aggregated
volume
· Price
|
|
Price(s)
|
Volume(s)
|
|
0.01 GBP
|
19,484
|
|
|
e.
|
Date of the transaction
|
16 April 2024
|
|
f.
|
Place of the transaction
|
Outside a trading venue
|
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a.
|
Name
|
Andrew Smith
|
|
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
|
Mears Group PLC
|
|
b.
|
LEI
|
213800DHCALLH8IRJV57
|
|
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
Identification code
|
Ordinary shares of 1p
each
GB0005630420
|
|
b.
|
Nature of the transaction
|
Issue of option under deferred share
bonus plan
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
0.01 GBP
|
26,448
|
|
|
d.
|
Aggregated information
· Aggregated
volume
· Price
|
|
Price(s)
|
Volume(s)
|
|
0.01 GBP
|
26,448
|
|
|
e.
|
Date of the transaction
|
16 April 2024
|
|
f.
|
Place of the transaction
|
Outside a trading venue
|
