tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Brickability CFO Exercises Share Options and Sells Portion for Tax Liabilities

Story Highlights
Brickability CFO Exercises Share Options and Sells Portion for Tax Liabilities

Claim 50% Off TipRanks Premium and Invest with Confidence

The latest announcement is out from Brickability Group PLC ( (GB:BRCK) ).

Brickability Group PLC announced that Mike Gant, the Chief Financial Officer, exercised options over 120,264 ordinary shares, which were granted under the company’s Long-Term Incentive Plan. To cover personal tax liabilities and other costs, Mr. Gant sold 57,924 of these shares at 53.40 pence each. Following these transactions, he holds 262,448 shares, representing 0.08% of the company’s issued share capital. This transaction is in line with the company’s remuneration policy, requiring Mr. Gant to hold the remaining shares for at least two years, reflecting a commitment to align executive interests with those of shareholders.

The most recent analyst rating on (GB:BRCK) stock is a Hold with a £52.00 price target. To see the full list of analyst forecasts on Brickability Group PLC stock, see the GB:BRCK Stock Forecast page.

Spark’s Take on GB:BRCK Stock

According to Spark, TipRanks’ AI Analyst, GB:BRCK is a Neutral.

The overall stock score of 55 reflects the company’s solid revenue growth and attractive dividend yield, offset by challenges in profitability, cash flow management, and bearish technical indicators. The stock appears oversold, which might present a buying opportunity if financial performance improves.

To see Spark’s full report on GB:BRCK stock, click here.

More about Brickability Group PLC

Brickability Group PLC is a leading distributor and provider of specialist products and services to the UK construction industry. The company operates through four divisions: Bricks and Building Materials, Importing, Distribution, and Contracting. Brickability employs an agile, decentralized, capital-light business model, supported by a strong balance sheet, to effectively meet the complex and evolving needs of the construction industry. Founded in 1985, the company has grown through product diversification, geographic expansion, and strategic acquisitions, and is committed to sustainable development and delivering value to shareholders.

Average Trading Volume: 790,522

Technical Sentiment Signal: Sell

Current Market Cap: £169.4M

Find detailed analytics on BRCK stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1