MJ Gleeson plc
Notice of Trading Update & Results
("the Company" or "the Group")
MJ Gleeson plc, the UK's leading low-cost, affordable housebuilder and land promoter, will publish a trading update for the year ended 30 June 2022 on Monday, 11 July 2022.
The Group will announce its audited FY22 results on Thursday, 15 September 2022. A presentation to analysts will be held at 9.30 that morning at the London Stock Exchange, and will also be webcast.
Notes to editors:
MJ Gleeson is the leading low-cost, affordable housebuilder listed on the London Stock Exchange. Gleeson customers are typically young, first-time buyers and key workers, with an average income of £24,000. Its two-bedroom homes start from around £95,000. Gleeson's vision is "Building Homes. Changing Lives", prioritising areas where people need affordable home ownership the most.
Buying a Gleeson home costs significantly less than renting a similar property, getting young people out of the renting trap. A typical 2 bedroom Gleeson home costs just £87 per week to buy, compared to an equivalent rental cost of £132 per week. All Gleeson homes are traditional brick built detached or semi-detached homes which include a driveway and both front and rear gardens. Gleeson offers a wide mix of layouts with two, three or four bedrooms.
Gleeson Land is the Group's land promotion division, which identifies residential development opportunities and works with stakeholders to promote land through the residential planning system.
MJ Gleeson plc Tel: +44 1142 612 900
James Thomson Chief Executive Officer
Stefan Allanson Chief Financial Officer
Hudson Sandler Tel: +44 20 7796 4133
Mark Garraway Tel: +44 7771 860 938
Charlotte Cobb Tel: +44 7795 422 131
Singer Capital Markets Tel: +44 20 7496 3000
Liberum Tel: +44 20 3100 2222