Last checked at 1 Apr 2021 11:04
1 April 2021
BREEDON GROUP plc
("Breedon" or the "Company")
Grant of SAYE Options and PDMR Dealings
The Company announces that it has granted options to the following Director and Person Discharging Managerial Responsibilities ("PDMR") under the Breedon Group Savings Related Share Option Scheme (the "SAYE Scheme").
Under the terms of the SAYE Scheme:
1. James Brotherton, Chief Financial Officer, is committed to making contributions over a five-year period. As at 1 May 2026 these accumulated funds can then be withdrawn from the SAYE Scheme as cash or used to exercise options over Ordinary Shares of nil par value in the Company ("Ordinary Shares") which have been granted at 71.2 pence per Ordinary Share. Assuming full participation in the SAYE Scheme, he will have an option over 42,134 Ordinary Shares;. and
2. James Haluch, Managing Director - Breedon Contracting (PDMR) is committed to making contributions over both a three-year and a five-year period. These accumulated funds can then be withdrawn from the SAYE Scheme as cash or used to exercise options as at 1 May 2024 over 11,553 Ordinary Shares which have been granted at 77.9 pence per Ordinary Share and at 1 May 2026 over 21,067 Ordinary Shares which have been granted at 71.2 pence per Ordinary Share. Assuming full participation in the SAYE Scheme, he will therefore have options over 32,620 Ordinary Shares.
Breedon Group plc www.breedongroup.com
Ross McDonald, Group Services Director 01332 694010
Robert Coates, Head of Investor Relations 07880 486329
Numis Securities (NOMAD and Joint Broker) 020 7260 1000
Ben Stoop
Oliver Hardy (NOMAD)
HSBC (Joint Broker) 020 7991 8888
Sam McLennan
Joe Weaving
Teneo (Public Relations Adviser) 020 7420 3180
Matt Denham
Claire Scicluna
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 | ||||
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 Savings Related Share options | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information (if any)
- Aggregated volume
- Price |
42,134
Nil | ||||
e) | Date of transaction | 1 April 2021 | ||||
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 Haluch | ||||
2 | Reason for the notification | |||||
a) | Position/status | Managing Director - Breedon Contracting (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 Savings Related Share options | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information (if any)
- Aggregated volume
- Price |
32,620
Nil | ||||
e) | Date of transaction | 1 April 2021 | ||||
f) | Place of the transaction | Outside a trading venue | ||||