7 December 2016
BREEDON GROUP plc
("Breedon" or the "Company")
PDMR Dealings
Breedon announces that, on 7 December 2016, Peter Tom CBE, a director of the Company, sold 7,000,000 ordinary shares of no par value each in the Company ("Ordinary Shares") at a price of 72.75p per share and, as a consequence, he now has an interest in 41,091,867 Ordinary Shares representing 2.91% of the Company's Total Voting Rights. Mr Tom has advised the Company that this sale forms part of his wider personal estate planning, and that he has no intention of making any further reduction in his holding of the Company's Ordinary Shares in the foreseeable future.
In addition, the Company has also been notified that Mr Tim Hall, Chief Executive of Breedon Southern and a PDMR, has today sold 200,000 Ordinary Shares also at a price of 72.75p.
As at today there are 1,411,013,763 Ordinary Shares in issue. This figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.
The information contained within this announcement is deemed by the Group to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.
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
Peel Hunt (Joint Broker)
Justin Jones / Mike Bell 020 7418 8900
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
| Peter William Gregory Tom CBE
| ||||
| 2 | Reason for the notification | |||||
| a)
| Position/status
| Director | ||||
| b)
| Initial notification /Amendment | 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 ISIN: JE00B2419D89 | ||||
| b)
| Nature of the transaction
| Sale of ordinary shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
7,000,000 72.75p per share
| ||||
| e)
| Date of the transaction | 7 December 2016 | ||||
| f)
| Place of the transaction | London Stock Exchange (AIM) | ||||
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
| Timothy Hall
| ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Chief Executive, Breedon Southern (PDMR) | ||||
| b)
| Initial notification /Amendment | 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
ISIN: JE00B2419D89 | ||||
| b)
| Nature of the transaction
| Sale of ordinary shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
200,000 72.75p per share
| ||||
| e)
| Date of the transaction | 7 December 2016 | ||||
| f)
| Place of the transaction | London Stock Exchange (AIM) | ||||