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Last checked at 
30 Aug 2023 17:02
30 August 2023
BREEDON GROUP plc
("Breedon" or the "Company")
Directors and Persons Discharging Managerial Responsibility ("PDMRs")
Dealings and Issue of Equity
This notification is made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
The Company announces that participants of the Company's Performance Share Plan ("PSP") have been allotted a total of 600,066 new ordinary shares of 0.01p in the Company ("Ordinary Shares") on 29 August 2023 as a consequence of the vesting of awards made under the PSP in 2020. The number of shares released includes additional shares calculated to reflect dividends declared during the period from grant until vesting, in accordance with the PSP rules.
As a result, Rob Wood, Chief Executive Officer, Director and PDMR has been allotted a total of 137,757 Ordinary Shares. Subsequently, Mr Wood has today sold 64,081 Ordinary Shares, at a price of 340.5p per Ordinary Share, to meet Income Tax and National Insurance liabilities arising from the allotment. His net balance is 73,676 shares.
Following the sale, Mr Wood has a total interest in 344,402 Ordinary Shares, equating to 0.101% of the Issued Share Capital in the Company.
Enquiries:
Breedon Group plc www.breedongroup.com
James Atherton-Ham, Group General Counsel +44 (0) 1332 694010
Louise Turner-Smith, Head of Investor Relations +44 (0) 7860 911909
MHP (Public Relations Adviser) +44 (0) 20 3128 8193
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 Notification | |||||||
a) | Position/status | Chief Executive Officer | ||||||
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 | 213800DQGNQE3X76WS92 | ||||||
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
|
Ordinary Shares of £0.01 each | ||||||
Identification code | GB00BM8NFJ84
| |||||||
b) | Nature of the transaction | Acquisition of shares on the vesting of a conditional award granted under the LTIP in 2020
| ||||||
c) | Price(s) and volume(s)
|
| ||||||
d) | Aggregated information - Aggregated volume
- Price |
137,757
Nil
| ||||||
e) | Date of the transaction | 29 August 2023 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
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
|
Ordinary Shares of £0.01 each | ||||||
Identification code | GB00BM8NFJ84
| |||||||
b) | Nature of the transaction | Sale of shares to cover tax and national insurance liabilities, with 73,676 shares retained
| ||||||
c) | Price(s) and volume(s)
|
| ||||||
d) | Aggregated information - Aggregated volume
- Price |
64,081
£218,195.805
| ||||||
e) | Date of the transaction | 30 August 2023 | ||||||
f) | Place of the transaction | London Stock Exchange plc | ||||||
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