Last checked at 3 Apr 2017 14:58
3 April 2017
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 2,600,143 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 CBE* | Executive Chairman | 701,098 |
Rob Wood | Group Finance Director | 483,516 |
Simon Vivian | Non-Executive Director | 644,100 |
Tim Hall | Chief Executive - Breedon Southern | 325,275 |
Alan Mackenzie | Chief Executive - Breedon Northern | 325,275 |
Ross McDonald | Group Services Director | 120,879 |
*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 276,819 new Ordinary Shares, as a consequence of the vesting of awards, to other employees. The Company has applied for the total of 2,876,962 Ordinary Shares to be admitted to trading on AIM. Admission of the New Ordinary Shares is expected to occur tomorrow, on 4 April 2017.
Following Admission, the Company's issued share capital will consist of 1,413,952,286 ordinary shares of no par value. The above figure (1,413,952,286) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.
Enquiries:
Breedon Group plc
Pat Ward, Group Chief Executive 01332 694010
Stephen Jacobs, Head of Communications 07831 764592
Cenkos Securities plc (NOMAD)
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 Tom CBE | ||||
2 | Reason for the notification | |||||
a) | Position/status | Executive Chairman (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 |
701,098
£0.01 per share | ||||
f) | Place of the transaction | N/A | ||||
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 (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 |
483,516
Nil | ||||
f) | Place of the transaction | N/A | ||||
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 | Simon Vivian | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-Executive 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 |
644,100
Nil | ||||
f) | Place of the transaction | N/A | ||||
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 | Tim Hall | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive - 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 | Vesting of share awards | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information (if any)
- Aggregated volume
- Price |
325,275
Nil | ||||
f) | Place of the transaction | N/A | ||||
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 | Chief Executive - 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 |
325,275
Nil | ||||
f) | Place of the transaction | N/A | ||||
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 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 |
120,879
Nil | ||||
f) | Place of the transaction | N/A | ||||