Grant of SAYE Options and PDMR Dealings

RNS Number : 3185U

Breedon Group PLC

01 April 2021

 

1 April 2021

BREEDON GROUP plc 

("Breedon" or the "Company")

Grant of SAYE Options and PDMR Dealings

The Company announces that it has granted options to the following Director and Person Discharging Managerial Responsibilities ("PDMR") under the Breedon Group Savings Related Share Option Scheme (the "SAYE Scheme").

Under the terms of the SAYE Scheme:

1. James Brotherton, Chief Financial Officer, is committed to making contributions over a five-year period.  As at 1 May 2026 these accumulated funds can then be withdrawn from the SAYE Scheme as cash or used to exercise options over Ordinary Shares of nil par value in the Company ("Ordinary Shares") which have been granted at 71.2 pence per Ordinary Share. Assuming full participation in the SAYE Scheme, he will have an option over 42,134 Ordinary Shares;. and

2.   James Haluch, Managing Director - Breedon Contracting (PDMR) is committed to making contributions over both a three-year and a five-year period. These accumulated funds can then be withdrawn from the SAYE Scheme as cash or used to exercise options as at 1 May 2024 over 11,553 Ordinary Shares which have been granted at 77.9 pence per Ordinary Share and at 1 May 2026 over 21,067 Ordinary Shares which have been granted at 71.2 pence per Ordinary Share. Assuming full participation in the SAYE Scheme, he will therefore have options over 32,620 Ordinary Shares.

Breedon Group plc                                              www.breedongroup.com 

Ross McDonald, Group Services Director             01332 694010  

Robert Coates, Head of Investor Relations           07880 486329

Numis Securities (NOMAD and Joint Broker)     020 7260 1000

Ben Stoop

Oliver Hardy (NOMAD)

HSBC (Joint Broker)                                             020 7991 8888

Sam McLennan

Joe Weaving

Teneo (Public Relations Adviser)                        020 7420 3180

Matt Denham

Claire Scicluna

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 the notification
a)	Position/status	Chief Financial Officer
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	Grant of Savings Related Share options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 42,134
d)	Aggregated information (if any) - Aggregated volume - Price	42,134 Nil
e)	Date of transaction	1 April 2021
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	James Haluch
2	Reason for the notification
a)	Position/status	Managing Director - Breedon Contracting (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	Grant of Savings Related Share options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 32,620
d)	Aggregated information (if any) - Aggregated volume - Price	32,620 Nil
e)	Date of transaction	1 April 2021
f)	Place of the transaction	Outside a trading venue

 

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