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Last checked at 
24 May 2013 10:01
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24 May 2013
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Breedon Aggregates Limited ("Breedon Aggregates" orΒ the "Company")
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Exercise of Warrants
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The Company announces that it has received notice to exercise warrants over 7,002,287 ordinary shares of no par value ("Ordinary Shares") from Bank of Ireland (UK) plc at an exercise price of 12 pence per Ordinary Share. Accordingly, the Company will issue, in aggregate, 7,002,287 new Ordinary Shares in settlement of this exercise (the "Warrant Exercise"). These warrants were issued in August 2010 as part of the reverse acquisition of Breedon Holdings Limited.
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The new Ordinary Shares will rank pari passu with the existing Ordinary Shares and application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the new Ordinary Shares will commence at 8.00 a.m. on 30 May 2013.
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Following the Warrant Exercise, there will be 947,749,391 Ordinary Shares in issue. This number 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.
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Breedon Aggregates Limited will announce its interim results for the 6 months ending 30 June 2013 on 18 July 2013.
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For further information:
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Breedon Aggregates Limited Peter Tom CBE, Executive Chairman Simon Vivian, Group Chief Executive Ian Peters, Group Finance Director Stephen Jacobs, Head of Communications Β | 01332 694010 |
Cenkos Securities plc (Nominated Adviser and Joint Corporate Broker) Max Hartley Nicholas Wells Β | 020 7397 8900 |
Peel Hunt LLP (Joint Corporate Broker) Justin Jones Mike Bell | 020 7418 8900 |
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More about Breedon Aggregates
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Breedon Aggregates Limited is the largest independent aggregates business in the UK. Following completion of the recent acquisitions from Aggregate Industries and Marshalls, it operates 37 quarries, 22 asphalt plants, 48 concrete (including mortar) plants and two concrete block plants in England, Scotland and Wales and employs approximately 1,000 people. The group has strong asset backing, with approximately 400 million tonnes of mineral reserves and resources in the UK. Breedon Aggregates' strategy is to continue growing through consolidation of the UK heavyside building materials sector.
www.breedonaggregates.com
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