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14 May 2025 23:16:16
- Source: Sharecast
14 May 2025
Brickability Group plc
("Brickability" or the "Company")
Exercise of Share Options
Brickability Group plc (AIM: BRCK), a leading distributor and provider of specialist products and services to the UK construction industry, confirms that it has issued, conditional on admission, 217,955 new ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares"), following the exercise of share options under the Company's Long Term Incentive Plan (the "LTIP").
The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue and application has been made for the new Ordinary Shares to be admitted to trading on the AIM Market of the London Stock Exchange ("Admission"). Admission is expected to occur, and dealings in the new Ordinary Shares commence, at 8:00 a.m. on 19 May 2025.
Following Admission, the Company will have 322,033,481 Ordinary Shares in issue. This figure of 322,033,481 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change of their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
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Enquiries: |
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Brickability Group PLC John Richards, Chairman Frank Hanna, Chief Executive Officer Mike Gant, Chief Financial Officer |
Via Burson Buchanan |
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Cavendish - Nomad and Broker Ben Jeynes, George Lawson, Elysia Bough - Corporate Finance Michael Johnson, Sunila De Silva - Sales / ECM |
+44 (0) 20 7220 0500 |
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Burson Buchanan Mark Court Stephanie Whitmore Abby Gilchrist |
+44 (0) 20 7466 5000 brickability@buchanancomms.co.uk |
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About Brickability
Brickability Group PLC is a leading distributor and provider of specialist products and services to the UK construction industry. The business comprises four divisions: Bricks and Building Materials, Importing, Distribution and Contracting. With an agile, de-centralised, capital-light business model, supported by a strong balance sheet, Brickability leverages the skills of its people company-wide to effectively service the complex and evolving needs of the construction industry.
Founded in 1985, the Group has grown organically through product diversification and geographic expansion, as well as through the acquisition of specialist businesses that support its long-term strategy for growth. Today, the Group encompasses a diverse portfolio of market-leading brands and a dedicated team of over 800 skilled professionals, led by a management team with deep-rooted knowledge and experience in the UK and European construction industries.
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