Investec appointed as Joint Broker to MJ Gleeson plc

MJ Gleeson plc logo

Our role

Investec has been appointed as Joint Corporate Broker to MJ Gleeson plc, the leading low-cost housebuilder and land promoter. As at 13 May 2024, MJ Gleeson had a market capitalisation of £302m.

Investec has been appointed to promote MJ Gleeson’s equity story, broaden its shareholder register and support its growth ambitions through strategic advice.

 

About MJ Gleeson plc

MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land.

Gleeson Homes is the leading low-cost, affordable housebuilder. Its two-bedroom homes start from circa £100,000. Gleeson builds homes in the North of England and Midlands in areas where people need high-quality, affordable housing the most. The aim is to ensure that on all developments, a material proportion of the homes are affordable to a couple earning the National Living Wage, making Gleeson Homes the most affordable listed housebuilder. Buying a Gleeson home typically costs less than renting a similar property. All Gleeson homes are traditional brick built semi or detached homes. Gleeson offers a wide mix of two-, three- and four-bedroom layouts.

Gleeson Land is the Group's land promotion division, which identifies development opportunities and works with stakeholders to promote land through the residential planning system.

As a high-quality, affordable housebuilder, Gleeson has strong and inherent sustainability credentials. Its social purpose underpins the Company's strategy and Gleeson measures itself closely against UN SDGs 5, 8, 11, 12, 13 and 15.