18 May 2023
Breedon Group plc
(the "Company")
Directors' and PDMRs' Dealings
The Company announces that, on 16 May 2023, certain persons discharging managerial responsibilities were granted rollover conditional share awards under the terms of the Breedon PSPs and rollover options under the terms of the Breedon UK SAYE Plans, in each case in respect of ordinary shares of £1.40 each in the capital of the Company. These grants were undertaken in accordance with the procedures set out in the prospectus published by the Company on 11 May 2023 (the "Prospectus") and the scheme document published by Breedon Group plc (a company incorporated in Jersey with registered number 98465) on 29 March 2023 (the "Scheme Document").
The exercise price for each rollover option granted under the Breedon UK SAYE Plans is set out below. The rollover options are generally exercisable at any time within six months following the maturity of the relevant SAYE contract. The rollover conditional share awards granted under the terms of the Breedon PSPs are "nil-cost" awards and are subject to the same vesting terms and performance conditions as applied to the preceding conditional share awards that they replace. Further information in relation to these arrangements can be found in the Prospectus and the Scheme Document.
Defined terms used in this announcement have the meanings ascribed to them in the Prospectus, unless otherwise stated.
Enquiries:
Breedon Group plc www.breedongroup.com
James Atherton-Ham, Group General Counsel +44 (0) 1332 694010
Louise Turner-Smith, Head of Investor Relations +44 (0) 7860 911909
MHP (Public Relations Adviser) +44 (0) 20 3128 8193
Reg Hoare
Rachel Farrington
Charles Hirst
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 Notification | |||||||
| a) | Position/status | Chief Executive Officer | ||||||
| b) | Initial notification/Amendment | Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Breedon Group plc | ||||||
| b) | LEI | 213800DQGNQE3X76WS92 | ||||||
| 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 |
Ordinary Shares of £1.40 each | ||||||
| Identification code |
GB00BM8NFJ84
| |||||||
| b) | Nature of the transaction | Grant of the following rollover conditional share awards and options in connection with the Scheme:
1. Rollover 2020 Breedon PSP award
2. Rollover 2021 Breedon PSP award
3. Rollover 2022 Breedon PSP award
4. Rollover 2023 Breedon PSP award
5. Rollover 2019 5yr Breedon UK SAYE Plan option
| ||||||
| c) | Price(s) and volume(s)
|
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||||
| e) | Date of the transaction | 16 May 2023 | ||||||
| f) | Place of the transaction | London Stock Exchange plc | ||||||
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 Notification | |||||||
| a) | Position/status | Chief Financial Officer | ||||||
| b) | Initial notification/Amendment | Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Breedon Group plc | ||||||
| b) | LEI | 213800DQGNQE3X76WS92 | ||||||
| 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 |
Ordinary Shares of £1.40 each | ||||||
| Identification code |
GB00BM8NFJ84
| |||||||
| b) | Nature of the transaction | Grant of the following rollover conditional share awards and options in connection with the Scheme:
1. Rollover 2021 Breedon PSP award
2. Rollover 2022 Breedon PSP award
3. Rollover 2023 Breedon PSP award
4. Rollover 2021 5yr Breedon UK SAYE Plan option
| ||||||
| c) | Price(s) and volume(s)
|
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||||
| e) | Date of the transaction | 16 May 2023 | ||||||
| f) | Place of the transaction | London Stock Exchange plc | ||||||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
