Director and PDMR Dealings and Issue of Equity

RNS Number : 4134B

Breedon Group PLC

03 April 2017

 

3 April 2017

BREEDON GROUP plc

("Breedon" or the "Company")

Director and PDMR Dealings

and Issue of Equity

The Company announces that certain Directors and PDMRs of the Company have today been allotted, subject to Admission, a total of 2,600,143 new ordinary shares of no par value in the Company ("Ordinary Shares") as a consequence of the vesting of awards made under the Company's Performance Share Plans in 2014 ("2014 PSP Awards").

The table below sets out the number of new Ordinary Shares that each Director and PDMR has received:

Name	Role	New Ordinary Shares
Peter Tom CBE*	Executive Chairman	701,098
Rob Wood	Group Finance Director	483,516
Simon Vivian	Non-Executive Director	644,100
Tim Hall	Chief Executive - Breedon Southern	325,275
Alan Mackenzie	Chief Executive - Breedon Northern	325,275
Ross McDonald	Group Services Director	120,879

*The 2014 PSP 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.  

The Company has also awarded a total of 276,819 new Ordinary Shares, as a consequence of the vesting of awards, to other employees. The Company has applied for the total of 2,876,962 Ordinary Shares to be admitted to trading on AIM. Admission of the New Ordinary Shares is expected to occur tomorrow, on 4 April 2017.

Following Admission, the Company's issued share capital will consist of 1,413,952,286 ordinary shares of no par value.  The above figure (1,413,952,286) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

Breedon Group plc

Pat Ward, Group Chief Executive                                                            01332 694010

Stephen Jacobs, Head of Communications                                               07831 764592

Cenkos Securities plc (NOMAD)

Max Hartley                                                                                           020 7397 8900

Peel Hunt (Joint Broker)

Justin Jones / Mike Bell                                                                          020 7418 8900

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	Peter Tom CBE
2	Reason for the notification
a)	Position/status	Executive Chairman (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	Vesting of share awards
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.01 per share 701,098
d)	Aggregated information (if any) - Aggregated volume - Price	701,098 £0.01 per share
f)	Place of the transaction	N/A

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	Rob 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	Vesting of share awards
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 483,516
d)	Aggregated information (if any) - Aggregated volume - Price	483,516 Nil
f)	Place of the transaction	N/A

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	Simon Vivian
2	Reason for the notification
a)	Position/status	Non-Executive 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	Vesting of share awards
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 644,100
d)	Aggregated information (if any) - Aggregated volume - Price	644,100 Nil
f)	Place of the transaction	N/A

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	Tim Hall
2	Reason for the notification
a)	Position/status	Chief Executive - 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	Vesting of share awards
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 325,275
d)	Aggregated information (if any) - Aggregated volume - Price	325,275 Nil
f)	Place of the transaction	N/A

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 Mackenzie
2	Reason for the notification
a)	Position/status	Chief Executive - 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	Vesting of share awards
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 325,275
d)	Aggregated information (if any) - Aggregated volume - Price	325,275 Nil
f)	Place of the transaction	N/A

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 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	Vesting of share awards
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 120,879
d)	Aggregated information (if any) - Aggregated volume - Price	120,879 Nil
f)	Place of the transaction	N/A

 

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