Brickability Group Leverages Incentive Plan to Issue Over 200k New Ordinary Shares, Intends to Boost Business Growth

Brickability Group PLC, one of the principal distributors and providers of specialised products and services to the bustling UK construction industry, recently confirmed that it has issued an impressive 217,955 new ordinary shares of £0.01 each in the company’s capital. This commendable endeavour forms a part of the company’s audacious Long Term Incentive Plan (LTIP). The existing and the spanking new Ordinary Shares are expected to hold equal ranking once the Admission, the plan’s condition, is achieved.

Boasting an array of four divisions, including Bricks and Building Materials, Importing, Distribution, and Contracting, the company effectively adapts its offerings to meet the changing needs of the complex and ever-evolving construction industry. The group, which started humbly in 1985, now lays claim to a dynamic portfolio of leading, market-dominating brands and a formidable team of more than 800 highly-skilled professionals. This astute move to release new shares is expected to bring about a positive ripple effect, impacting the future growth and development of the thriving business’s long-term strategy.