Source - Alliance News

Breedon Group PLC - Derby, England-based construction materials firm - Abicad Holding Ltd announces it intends to buy further shares in Breedon to hold for investment purposes. It has no intention of making an offer. Abicad currently holds around 14.1% of Breedon’s total issued share capital and is represented on the board by Amit Bhatia, the non-executive chair of Breedon.

Current stock price: 328.28 pence

12-month change: up 25%

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