Source - RNS
RNS Number : 4441H
Breedon Group PLC
07 June 2017
 

7 June 2017

BREEDON GROUP plc

("Breedon" or the "Company")

 

PDMR Dealings

 

The Company has today been notified that the following Persons Discharging Managerial Responsibilities ('PDMRs') have exercised options granted to them under the Breedon Group Savings Related Share Option Scheme (the 'SAYE Scheme') and accordingly have acquired the number of ordinary shares of nil par value in the Company ('Ordinary Shares') set against their name in the table below at a price of 41.35p per Ordinary Share.

 

Name

Role

Ordinary Shares acquired

Tim Hall

Chief Executive - Breedon Southern

21,765

Ross McDonald

Group Services Director

17,412

 

The Company has been further notified that Mr Hall has subsequently sold the 21,765 Ordinary Shares referred to above at a price of 83.85p per Ordinary Share.

 

As at today there are 1,416,049,517 Ordinary Shares in issue. This figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.

 

Enquiries:

 

Breedon Group plc

Pat Ward, Group Chief Executive                                                            01332 694010

Stephen Jacobs, Head of Communications                                               07831 764592

 

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 the largest independent construction materials group in the UK after the four global majors. It operates the country's largest cement plant, two cement import terminals, around 60 quarries, 26 asphalt plants, 200 ready-mixed concrete & mortar plants and three concrete block plants, employing around 2,300 people nationwide.

 

The group has strong asset backing, with over 750 million tonnes of mineral reserves and resources. Breedon's strategy is to continue growing through consolidation of the UK heavyside building materials sector.

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

Acquisition of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

41.35p per share

21,765

 

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

21,765

 

41.35p per share

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

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

Sale of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

83.85p per share

21,765

 

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

21,765

 

83.85p per share

f)

Place of the transaction

London Stock Exchange (AIM)

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

Acquisition of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

41.35p per share

17,412

 

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

17,412

 

41.35p per share

f)

Place of the transaction

Outside a trading venue

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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