Last checked at 26 Apr 2018 13:29
26 April 2018
BREEDON GROUP plc
("Breedon" or the "Company")
Director and PDMR Dealings
and Issue of Equity
The Company announces that certain Directors and PDMRs of the Company have today been allotted, subject to Admission, a total of 2,973,726 new ordinary shares of no par value in the Company ("Ordinary Shares") as a consequence of the vesting of awards made under the Company's Performance Share Plans in 2014 ("2014 PSP Awards").
The table below sets out the number of new Ordinary Shares that each Director and PDMR has received:
Name | Role | New Ordinary Shares |
Peter Tom (Rise Rocks Limited) | Executive Chairman | 701,098 |
Pat Ward | Group Chief Executive | 231,788 |
Rob Wood | Group Finance Director | 659,923 |
Ross McDonald | Group Services Director | 142,857 |
Alan McKenzie | Managing Director - Breedon Northern | 351,648 |
*The 2014 PSP 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.
The Company has also awarded a total of 886,412 new Ordinary Shares, as a consequence of the vesting of awards, to other current employees and former employees. The Company has applied for the total of 2,973,726 Ordinary Shares to be admitted to trading on AIM. Admission of the New Ordinary Shares is expected to occur tomorrow, on 27 April 2018.
Following admission, there will be 1,671,910,385 Ordinary Shares in issue, of which none are held in treasury. Therefore the figure of 1,671,910,385 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.
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 | 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 | Vesting of share awards | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information (if any)
- Aggregated volume
- Price |
701,098
£0.01 per share | ||||
e) | Date of transaction | 26 April 2018 | ||||
f) | Place of the transaction | Outside trading venue | ||||
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 (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 | Vesting of share awards | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information (if any)
- Aggregated volume
- Price |
231,788
Nil | ||||
e) | Date of transaction | 26 April 2018 | ||||
f) | Place of the transaction | Outside trading venue | ||||
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 (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 | Vesting of share awards | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information (if any)
- Aggregated volume
- Price |
659,923
Nil | ||||
e) | Date of transaction | 26 April 2018 | ||||
f) | Place of the transaction | Outside trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Ross 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 | Vesting of share awards | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information (if any)
- Aggregated volume
- Price |
142,857
Nil | ||||
e) | Date of transaction | 26 April 2018 | ||||
f) | Place of the transaction | Outside trading venue | ||||
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 | Vesting of share awards | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information (if any)
- Aggregated volume
- Price |
351,648
Nil | ||||
e) | Date of transaction | 26 April 2018 | ||||
f) | Place of the transaction | Outside trading venue | ||||