Block Listing Application

RNS Number : 5392P

Breedon Aggregates Ld

26 October 2012

 



26 October 2012

Breedon Aggregates Limited (the "Company")

Block Listing Application

The Company announces that an application has been made to the London Stock Exchange for a block listing of securities in respect of 1,000,000 ordinary shares of no par value (the "New Ordinary Shares") to be admitted to AIM. These New Ordinary Shares will be issued from time to time pursuant to the exercise of options under the Company's Savings Related Share Option Scheme.    

New Ordinary Shares issued under the block listing will rank pari passu in all respects with the existing ordinary shares of the Company. It is expected that admission will become effective on 31 October 2012. 

As at today there are 647,233,326 ordinary shares in issue. The Company will notify on a monthly basis when there are changes to the issued share capital, and these monthly figures 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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More about Breedon Aggregates

Breedon Aggregates Limited is the largest independent aggregates group in the UK after the five global majors. It operates 27 quarries, 18 asphalt plants and 40 concrete plants in England and Scotland and employs approximately 800 people.

The group has strong asset backing, with approximately 200 million tonnes of mineral reserves and resources in the UK, providing an estimated life of approximately 48 years at current output levels.

Breedon Aggregates' strategy is to grow through consolidation of the UK heavyside building materials sector.

For further information:

Breedon Aggregates Limited

Ross McDonald, Chief Compliance Officer 

01332 694010

Cenkos Securities plc

Max Hartley/Nicholas Wells

020 7397 8900

 

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