Director/PDMR Shareholding

RNS Number : 4063U

Breedon Aggregates Ld

06 April 2016

 

6 April 2016

BREEDON AGGREGATES LIMITED

(the "Company")

Directors' Dealings

Grant of SAYE Options

The Company has today been notified that Pat Ward, 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 Ward is committed to contributing £500 per month, over a three year period. As at 1 May 2019 the accumulated funds can then be withdrawn from the SAYE Scheme as cash or used to exercise options over the Company's ordinary shares which have been granted at 59.94 pence per ordinary share in accordance with the terms of the SAYE Scheme. Assuming full participation in the SAYE Scheme, Mr Ward would have an option over 30,030 shares in the Company.

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

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For further information:

Breedon Aggregates Limited

Peter Tom CBE, Chairman

Pat Ward, 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                                                                               020 7397 8900

Peel Hunt (Joint Broker)

Justin Jones / Mike Bell                                                              020 7418 8900

 

END

 

 

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