1 April 2019
BREEDON GROUP plc
("Breedon" or the "Company")
Grant of SAYE Options and PDMR Dealings
The Company announces that it has granted options to the following Directors and Persons Discharging Managerial Responsibilities ("PDMRs") under the Breedon Group Savings Related Share Option Scheme (the "SAYE Scheme").
Under the terms of the SAYE Scheme, the Directors and PDMRs listed below are committed to making contributions over a five-year period. As at 1 May 2024 these accumulated funds can then be withdrawn from the SAYE Scheme as cash or used to exercise options over Ordinary Shares of nil par value in the Company ("Ordinary Shares") which have been granted at 55.0 pence per ordinary share in accordance with the terms of the SAYE Scheme. Assuming full participation in the SAYE Scheme, the PDMRs listed below would have an option over the number of shares in the Company set out below.
| PDMR | Title | Options granted |
| Pat Ward | Group Chief Executive | 54,545 |
| Rob Wood | Group Finance Director | 54,545 |
| Ross McDonald | Group Services Director (PDMR) | 10,909 |
| Alan Mackenzie | Managing Director - Breedon Northern (PDMR) | 27,272 |
Enquiries:
Breedon Group plc www.breedongroup.com
Pat Ward, Group Chief Executive 01332 694010
Stephen Jacobs, Head of Communications 07831 764592
Cenkos Securities plc (NOMAD and Joint Broker)
Max Hartley 020 7397 8900
Numis Securities (Joint Broker)
Heraclis Economides
Ben Stoop 020 7260 1000
Notification and public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Pat Ward | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Group Chief Executive | ||||
| b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Breedon Group plc | ||||
| b) | LEI | 213800ZQKCIVCPN9H229 | ||||
| 4
| 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 | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of no par value
JE00B2419D89 | ||||
| b) | Nature of the transaction | Grant of Savings Related Share options | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
54,545
Nil | ||||
| e) | Date of transaction | 1 April 2019 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
Notification and public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Rob Wood | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Group Finance Director | ||||
| b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Breedon Group plc | ||||
| b) | LEI | 213800ZQKCIVCPN9H229 | ||||
| 4
| 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 | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of no par value
JE00B2419D89 | ||||
| b) | Nature of the transaction | Grant of Savings Related Share options | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
54,545
Nil | ||||
| e) | Date of transaction | 1 April 2019 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
Notification and public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Ross Edward McDonald | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Group Services Director (PDMR) | ||||
| b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Breedon Group plc | ||||
| b) | LEI | 213800ZQKCIVCPN9H229 | ||||
| 4
| 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 | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of no par value
JE00B2419D89 | ||||
| b) | Nature of the transaction | Grant of Savings Related Share options | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
10,909
Nil | ||||
| e) | Date of transaction | 1 April 2019 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
Notification and public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Alan Mackenzie | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Managing Director - Breedon Northern (PDMR) | ||||
| b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Breedon Group plc | ||||
| b) | LEI | 213800ZQKCIVCPN9H229 | ||||
| 4
| 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 | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of no par value
JE00B2419D89 | ||||
| b) | Nature of the transaction | Grant of Savings Related Share options | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
27,272
Nil | ||||
| e) | Date of transaction | 1 April 2019 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||