Last checked at 30 Sep 2015 07:00
30 September 2015
BREEDON AGGREGATES LIMITED
Employee Share Issue
Breedon Aggregates Limited (the "Company") announces that it has allotted and issued 304,750 shares to 1,219 employees of the Breedon group, equivalent to 250 shares per employee, at 53.5 pence per share, subject to admission to AIM. No directors participated.
Participation in the employee share issue was offered to employees of the Breedon group to mark the fifth anniversary of the creation of the business in September 2010.
Application has been made for the admission to trading of the 304,750 shares to AIM, which is expected to occur on 2 October 2015 ("Admission"). Following Admission the Company will have 1,070,529,782 Ordinary Shares in issue.
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For further information:
Breedon Aggregates Limited
Ross McDonald, Chief Compliance Officer
Stephen Jacobs, Head of Communications
Cenkos Securities plc (Nomad and joint broker) Max Hartley/ Ian Soanes
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Tel: 01332 694010
Tel: 07831 764592
Tel: 020 7397 8900
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Peel Hunt LLP (Joint broker) | Tel: 020 7418 8900 |
Justin Jones/ Mike Bell |
Note to Editors
Breedon Aggregates is the leading independent aggregates business in the UK after the four global majors. It operates 53 quarries, 26 asphalt plants, 59 ready-mixed concrete plants and three concrete block plants in England and Scotland and employs over 1,200 people. The Group has strong asset backing, with over 500 million tonnes of mineral reserves and resources in the UK. Breedon Aggregates' strategy is to grow through consolidation of the UK heavyside building materials sector.