Director/PDMR Shareholding

RNS Number : 0344I

Breedon Group PLC

12 April 2022

 

12 April 2022

BREEDON GROUP plc 

('Breedon' or the 'Company')

Directors' and PDMRs' Dealings

The Company announces that on 11 April 2022 the following Directors and other Persons Discharging Managerial Responsibilities (PDMRs) were granted awards under the Company's Performance Share Plan in respect of the three-year performance period (2022 to 2024), 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 11 April 2025, subject to the satisfaction of the undernoted performance conditions. In addition, any resulting shares for Rob Wood and James Brotherton will be released following a further holding period of two years from the date of vesting.

Director/PDMR	Role	Ordinary Shares subject to conditional award
Rob Wood	Chief Executive Officer	1,147,388
James Brotherton	Chief Financial Officer	776,119
James Atherton-Ham	Group General Counsel (PDMR)	218,905
James Haluch	Managing Director - Breedon Surfacing Solutions (PDMR)	248,358
Michael Pearce	Managing Director - Breedon GB Materials (PDMR)	289,751
Jude Lagan	Managing Director - Breedon Cement (PDMR)	179,876
Terry Lagan	Managing Director - Breedon Ireland (PDMR)	342,528
Caroline Roberts	Group People Director (PDMR)	227,661
Louise Turner-Smith	Head of Investor Relations (PDMR)	72,761

Performance measure	Weighting	Calibration of targets		Percentage of award capable of vesting
EPS	50%	Company's fully diluted underlying EPS for 2024	less than 6.65 pence 6.65 pence between 6.65 pence and 7.40 pence 7.40 pence or more	0% 25% pro-rata straight-line basis between 25% and 100% 100%
TSR	50%	Company's TSR ranking relative to constituents of the Comparator Group	below median median between median and upper quartile upper quartile or better	0% 25% straight-line basis between 25% and 100% 100%

Enquiries:

Breedon Group plc	www.breedongroup.com
James Atherton-Ham, Group General Counsel	01332 694010
Louise Turner-Smith, Head of Investor Relations	07860 911909
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
Nick de Bunsen
Elizabeth Mobed

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	Chief Executive Officer (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 1,147,388
d)	Aggregated information (if any) - Aggregated volume - Price	1,147,388 Nil
e)	Date of transaction	11 April 2022
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 Brotherton
2	Reason for the notification
a)	Position/status	Chief Financial Officer (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 776,119
d)	Aggregated information (if any) - Aggregated volume - Price	776,119 Nil
e)	Date of transaction	11 April 2022
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 Atherton-Ham
2	Reason for the notification
a)	Position/status	Group General Counsel (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 218,905
d)	Aggregated information (if any) - Aggregated volume - Price	218,905 Nil
e)	Date of transaction	11 April 2022
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 Surfacing Solutions (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 248,358
d)	Aggregated information (if any) - Aggregated volume - Price	248,358 Nil
e)	Date of transaction	11 April 2022
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 GB Materials (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 289,751
d)	Aggregated information (if any) - Aggregated volume - Price	289,751 Nil
e)	Date of transaction	11 April 2022
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 - Breedon Ireland (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 342,528
d)	Aggregated information (if any) - Aggregated volume - Price	342,528 Nil
e)	Date of transaction	11 April 2022
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)	Price(s) Volume(s) Nil 179,876
d)	Aggregated information (if any) - Aggregated volume - Price	179,876 Nil
e)	Date of transaction	11 April 2022
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	Caroline Roberts
2	Reason for the notification
a)	Position/status	Group People 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 227,661
d)	Aggregated information (if any) - Aggregated volume - Price	227,661 Nil
e)	Date of transaction	11 April 2022
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	Louise Turner-Smith
2	Reason for the notification
a)	Position/status	Head of Investor Relations (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 72,761
d)	Aggregated information (if any) - Aggregated volume - Price	72,761 Nil
e)	Date of transaction	11 April 2022
f)	Place of the transaction	Outside a trading venue

 

END

 

 

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