Grant of SAYE Options

RNS Number : 7088F

Breedon Aggregates Ld

29 April 2014

 



28 April 2014

BREEDON AGGREGATES LIMITED

(the "Company")

Directors' Dealings

Grant of SAYE Options

The Company has today been notified that Rob Wood, a director of the Company, is intending to participate in the Breedon Aggregates Savings Related Share Option Scheme (the "SAYE Scheme"). Under the terms of the SAYE Scheme, Mr Wood is committed to contributing £500 per month, over a five year period. As at 1 June 2019 the accumulated funds can then be withdrawn from the SAYE Scheme as cash or used to exercise options over the Company's ordinary shares which have been granted at 37.8 pence per ordinary share. Assuming full participation in the SAYE Scheme, Mr Wood would have an option over 79,365 shares in the Company.

As at today's date Mr Wood holds no ordinary shares in the Company.

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For further information:

Breedon Aggregates Limited

Peter Tom CBE, Chairman

Simon Vivian, Group Chief Executive

Rob Wood, Group Finance Director

01332 694010

Stephen Jacobs, Head of Communications

07831 764592

Cenkos Securities plc (NOMAD & Joint Broker)

Max Hartley / Nicholas Wells on 020 7397 8900

Peel Hunt (Joint Broker)

Justin Jones / Mike Bell on 020 7418 8900

 

END

 

 

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