Skip to content

Mears Grp PLC - Director/PDMR Shareholding

Announcement provided by

Mears Group plc · MER

12/09/2023 09:00

Mears Grp PLC - Director/PDMR Shareholding
RNS Number : 1555M
Mears Group PLC
12 September 2023

Mears Group PLC

("Mears" or "the Group" or "the Company")

Director/PDMR Shareholding

Mears Group PLC, the leading provider of services to the Housing sector in the UK, announces that on 11 September 2023 Jim Clarke, Chairman, purchased 30,000 ordinary shares of 1 penny each in the Company ("Ordinary Shares"), at a price of 275.64 pence per share.

Following this purchase, Mr Clarke has an interest in 30,000 ordinary shares representing approximately 0.03 per cent. of the Company's voting share capital.

Contact information

Ben Westran, Company Secretary                                              Tel: +44(0)1452 634600

About Mears

Mears is the leading provider of services to the Affordable Housing sector in the UK: responsible for the maintenance of c.10% of the UK's social housing stock; and managing over 10,000 homes for local and central government.

Mears currently employs around 5,500 people and provides services in every region of the UK. In partnership with our Housing clients, we maintain, repair and upgrade the homes of hundreds of thousands of people in communities from remote rural villages to large inner-city estates. 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



Jim Clarke


Reason for the notification





Initial notification


Initial notification


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor



Mears Group PLC





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



Nature of the transaction

Purchase of shares



Price(s) and volume(s)








Aggregated information

·      Aggregated volume

·      Price

·      Total







82,692 GBP


Date of the transaction

11 September 2023


Place of the transaction

London Stock Exchange, Main Market (XLON)


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

View more ...

MER announcementsAll announcements


  • About
  • News
  • Investor Relations
  • Contact
  • Careers

© Aquis Exchange 2023. All rights reserved.

Terms & ConditionsPrivacy PolicyModern Slavery & Human Trafficking Policy
System statusnormal