16 Apr 2019 10:14
16 April 2019
BREEDON GROUP plc
('Breedon' or the 'Company')
Directors' and PDMRs' Dealings
The Company announces that on 15 April 2019 the following Directors and other Persons Discharging Managerial Responsibilities (PDMRs) were granted awards under the Company's Performance Share Plans in respect of the performance period 2019 to 2021, 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 15 April 2022, subject to the satisfaction of a performance condition based on underlying EPS growth over the three-year period ending on 31 December 2021.
Director/PDMR | Role | Ordinary Shares subject to conditional award |
Peter Tom CBE* | Executive Chairman | 1,014,479 |
Pat Ward | Group Chief Executive | 1,352,639 |
Rob Wood | Group Finance Director | 751,466 |
Ross McDonald | Group Services Director (PDMR) | 270,527 |
Stephen Tagg | Group Human Resources Director (PDMR) | 270,527 |
Michael Pearce | Managing Director - Breedon Southern (PDMR) | 295,777 |
Alan Mackenzie | Managing Director - Breedon Northern (PDMR) | 272,363 |
Jude Lagan | Managing Director - Breedon Cement (PDMR) | 202,993 |
Terry Lagan | Managing Director - Lagan (PDMR) | 281,067 |
Aidan Mullan | Managing Director - Whitemountain (PDMR) | 192,668 |
Stephen Jacobs | Head of Communications & Marketing (PDMR) | 74,545 |
\* The Award to Peter Tom CBE was granted to Rise Rocks Limited, a company in which Mr Tom has a beneficial interest, which provides the services of Mr Tom as Chairman to the Company and was structured as an option at an option price equal to 1 pence per Ordinary Share. Once vested the option may be exercised at any time up to the 4th anniversary of the date of grant. All other awards were structured as conditional awards.
Enquiries:
Breedon Group plc www.breedongroup.com
Ross McDonald, Group Services Director 01332 694010
Cenkos Securities plc (NOMAD and Joint Broker)
Max Hartley 020 7397 8900
Numis Securities (Joint Broker)
Heraclis Economides
Ben Stoop 020 7260 1000
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 | Rise Rocks Limited | ||||
2 | Reason for the notification | |||||
a) | Position/status | Person closely associated with Peter Tom CBE, Executive Chairman | ||||
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 an Award under Performance Share Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information (if any)
- Aggregated volume
- Price |
1,014,479
Nil | ||||
e) | Date of transaction | 15 April 2019 | ||||
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 | Patrick Robert Ward | ||||
2 | Reason for the notification | |||||
a) | Position/status | Group Chief Executive (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 |
1,352,639
Nil | ||||
e) | Date of transaction | 15 April 2019 | ||||
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 | Robert Wood | ||||
2 | Reason for the notification | |||||
a) | Position/status | Group Finance Director (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 |
751,466
Nil | ||||
e) | Date of transaction | 15 April 2019 | ||||
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 | Ross Edward McDonald | ||||
2 | Reason for the notification | |||||
a) | Position/status | Group Services Director (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 an Award under Performance Share Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information (if any)
- Aggregated volume
- Price |
270,527
Nil | ||||
e) | Date of transaction | 15 April 2019 | ||||
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 | Stephen Peter Tagg | ||||
2 | Reason for the notification | |||||
a) | Position/status | Group Human Resources Director (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 |
270,527
Nil | ||||
e) | Date of transaction | 15 April 2019 | ||||
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 | Michael Pearce | ||||
2 | Reason for the notification | |||||
a) | Position/status | Managing Director - Breedon Southern (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 an Award under Performance Share Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information (if any)
- Aggregated volume
- Price |
295,777
Nil | ||||
e) | Date of transaction | 15 April 2019 | ||||
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 | Alan Kenneth Mackenzie | ||||
2 | Reason for the notification | |||||
a) | Position/status | Managing Director - Breedon Northern (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 an Award under Performance Share Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information (if any)
- Aggregated volume
- Price |
272,363
Nil | ||||
e) | Date of transaction | 15 April 2019 | ||||
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 | Jude Lagan | ||||
2 | Reason for the notification | |||||
a) | Position/status | Managing Director - Breedon Cement (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 |
202,993
Nil | ||||
e) | Date of transaction | 15 April 2019 | ||||
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 | Terry Lagan | ||||
2 | Reason for the notification | |||||
a) | Position/status | Managing Director - Lagan (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 |
281,067
Nil | ||||
e) | Date of transaction | 15 April 2019 | ||||
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 | Aidan Mullan | ||||
2 | Reason for the notification | |||||
a) | Position/status | Managing Director - Whitemountain (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 |
192,668
Nil | ||||
e) | Date of transaction | 15 April 2019 | ||||
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 | Stephen Jacobs | ||||
2 | Reason for the notification | |||||
a) | Position/status | Head of Communications & Marketing (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 |
74,545
Nil | ||||
e) | Date of transaction | 15 April 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Breedon (BREE)