�
�
30 April 2018
BREEDON GROUP plc�
('Breedon' or the 'Company')
�
Directors' and PDMRs' Dealings
�
The Company announces that on 27 April 2018 the following Directors and other Persons Discharging Managerial Responsibilities (PDMRs) were granted awards under the Company's Performance Share Plans in respect of the performance period 2018 to 2020, to acquire the number of ordinary shares of nil par value in the Company ("Ordinary Shares") set against their names in the table below.� The awards will vest on 27 April 2021, subject to the satisfaction of a performance condition based on underlying EPS growth being significantly in excess of growth in RPI over the three-year period ending on 31 December 2020.
�
|
Director/PDMR |
Role |
Ordinary Shares subject to conditional award |
|
Peter Tom CBE* |
Executive Chairman |
802,615 |
|
Pat Ward |
Group Chief Executive |
1,070,154 |
|
Rob Wood |
Group Finance Director |
594,530 |
|
Ross McDonald |
Group Services Director |
214,030 |
|
Stephen Tagg |
Group Human Resources Director |
214,030 |
|
Michael Pearce |
Managing Director - Breedon Southern |
234,007 |
|
Alan Mackenzie |
Managing Director - Breedon Northern |
215,481 |
|
Stephen Jacobs |
Head of Communications & Marketing |
58,989 |
�
*The Award to Peter Tom CBE was granted to Rise Rocks Limited, a company in which Mr Tom has a beneficial interest, which provides the services of Mr Tom as Chairman to the Company and was structured as an option at an option price equal to 1 pence per Ordinary Share. Once vested the option may be exercised at any time up to the 4th anniversary of the date of grant. All other awards were structured as conditional awards.
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Enquiries:
Breedon Group plc����������������������������������������������������� www.breedongroup.com�
Ross McDonald, Group Services Director������������ 01332 694010
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Cenkos Securities plc (NOMAD and Joint Broker)
Max Hartley ����������������������������������������������������������������� 020 7397 8900
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Numis Securities (Joint Broker)
Heraclis Economides
Ben Stoop�������������������������������������������������������������������� 020 7260 1000
�
More about Breedon Group
Breedon Group plc is a leading construction materials group in the UK and Ireland. It operates two cement plants and around 70 quarries, 40 asphalt plants, 200 ready-mixed concrete and mortar plants, nine concrete and clay products plants, four contract surfacing businesses, six import/export terminals and two slate production facilities.
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The Group employs nearly 3,000 people and has around 870 million tonnes of mineral reserves and resources.� The Group's strategy is to continue growing organically and through the acquisition of businesses in the heavyside construction materials market.
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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 |
Rise Rocks Limited |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Person closely associated with Peter Tom CBE, Executive Chairman |
||||
|
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 an Award under Performance Share Plan |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
802,615
Nil |
||||
|
e) |
Date of transaction |
27 April 2018 |
||||
|
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 |
Patrick Robert Ward |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Group Chief Executive (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 Awards under Performance Share Plan |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
1,070,154
Nil |
||||
|
e) |
Date of transaction |
27 April 2018 |
||||
|
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 |
Robert Wood |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Group Finance 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 Awards under Performance Share Plan |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
594,530
Nil |
||||
|
e) |
Date of transaction |
27 April 2018 |
||||
|
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 an Award under Performance Share Plan |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
214,030
Nil |
||||
|
e) |
Date of transaction |
27 April 2018 |
||||
|
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 |
Stephen Peter Tagg |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Group Human Resources 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 Awards under Performance Share Plan |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
214,030
Nil |
||||
|
e) |
Date of transaction |
27 April 2018 |
||||
|
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 |
Michael Pearce |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Managing Director - Breedon Southern (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 an Award under Performance Share Plan |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
234,007
Nil |
||||
|
e) |
Date of transaction |
27 April 2018 |
||||
|
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 Kenneth 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 an Award under Performance Share Plan |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
215,481
Nil |
||||
|
e) |
Date of transaction |
27 April 2018 |
||||
|
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 |
Stephen Jacobs |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Head of Communications & Marketing (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 Awards under Performance Share Plan |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
58,989
Nil |
||||
|
e) |
Date of transaction |
27 April 2018 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||