Director/PDMR Shareholding

RNS Number : 6278M
Breedon Group PLC
30 April 2018
 

 

 

30 April 2018

BREEDON GROUP plc 

('Breedon' or the 'Company')

 

Directors' and PDMRs' Dealings

 

The Company announces that on 27 April 2018 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 2018 to 2020, 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 27 April 2021, subject to the satisfaction of a performance condition based on underlying EPS growth being significantly in excess of growth in RPI over the three-year period ending on 31 December 2020.

 

Director/PDMR

Role

Ordinary Shares subject to conditional award

Peter Tom CBE*

Executive Chairman

802,615

Pat Ward

Group Chief Executive

1,070,154

Rob Wood

Group Finance Director

594,530

Ross McDonald

Group Services Director

214,030

Stephen Tagg

Group Human Resources Director

214,030

Michael Pearce

Managing Director - Breedon Southern

234,007

Alan Mackenzie

Managing Director - Breedon Northern

215,481

Stephen Jacobs

Head of Communications & Marketing

58,989

 

*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

 

More about Breedon Group

Breedon Group plc is a leading construction materials group in the UK and Ireland. It operates two cement plants and around 70 quarries, 40 asphalt plants, 200 ready-mixed concrete and mortar plants, nine concrete and clay products plants, four contract surfacing businesses, six import/export terminals and two slate production facilities.

 

The Group employs nearly 3,000 people and has around 870 million tonnes of mineral reserves and resources.  The Group's strategy is to continue growing organically and through the acquisition of businesses in the heavyside construction materials market.

 

 

 

 


 

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)

 

 

 

Price(s)

Volume(s)

Nil

802,615

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

802,615

 

Nil

e)

Date of transaction

27 April 2018

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)

 

 

 

Price(s)

Volume(s)

Nil

1,070,154

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

1,070,154

 

Nil

e)

Date of transaction

27 April 2018

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)

 

 

 

Price(s)

Volume(s)

Nil

594,530

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

594,530

 

Nil

e)

Date of transaction

27 April 2018

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)

 

 

 

Price(s)

Volume(s)

Nil

214,030

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

214,030

 

Nil

e)

Date of transaction

27 April 2018

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)

 

 

 

Price(s)

Volume(s)

Nil

214,030

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

214,030

 

Nil

e)

Date of transaction

27 April 2018

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)

 

 

 

Price(s)

Volume(s)

Nil

234,007

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

234,007

 

Nil

e)

Date of transaction

27 April 2018

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)

 

 

 

Price(s)

Volume(s)

Nil

215,481

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

215,481

 

Nil

e)

Date of transaction

27 April 2018

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)

 

 

 

Price(s)

Volume(s)

Nil

58,989

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

58,989

 

Nil

e)

Date of transaction

27 April 2018

f)

Place of the transaction

Outside a trading venue

 

 


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