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Last checked at 
12 Apr 2023 16:50
12 April 2023
BREEDON GROUP plc
('Breedon' or the 'Company')
Directors' and PDMRs' Dealings
The Company announces that on 11 April 2023 the following Directors and Persons Discharging Managerial Responsibilities ('PDMRs') were granted awards under the Company's Performance Share Plan in respect of the three-year performance period (2023 to 2025), 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 11 April 2026, subject to the satisfaction of the undernoted performance conditions. In addition, any resulting shares will be released following a further holding period of two years from the date of vesting.
Director & PDMR | Role | Ordinary Shares subject to conditional award |
Rob Wood | Chief Executive Officer | 1,357,764 |
James Brotherton | Chief Financial Officer | 918,422 |
Performance measure | Weighting | Calibration of targets | Percentage of award capable of vesting | |
EPS | 50% | Company's fully diluted underlying EPS for 2025 | less than 6.65 pence 6.65 pence between 6.65 pence and 7.40 pence 7.40 pence or more | 0% 25% pro-rata straight-line basisbetween 25% and 100% 100% |
TSR | 50% | Company's TSR ranking relative to constituents of the Comparator Group | below median median between median and upper quartile upper quartile or better | 0% 25% straight-line basisbetween 25% and 100% 100% |
Enquiries:
Breedon Group plc www.breedongroup.com
James Atherton-Ham, Group General Counsel 01332 694010
Louise Turner-Smith, Head of Investor Relations 07860 911909
Numis Securities (NOMAD and Joint Broker) 020 7260 1000
Ben Stoop
Oliver Hardy (NOMAD)
HSBC (Joint Broker) 020 7991 8888
Sam McLennan
Joe Weaving
MHP (Public Relations Adviser) 020 3128 8613
Reg Hoare
Rachel Farrington
Charles Hirst
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 | Chief Executive Officer (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 |
1,357,764
Nil | ||||
e) | Date of transaction | 11 April 2023 | ||||
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 | James Brotherton | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Financial Officer (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 |
918,422
Nil | ||||
e) | Date of transaction | 11 April 2023 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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