Director/PDMR Shareholding

RNS Number : 5353J
Breedon Aggregates Ld
07 April 2015
 



 

 

7 April 2015

 

BREEDON AGGREGATES LIMITED

(the "Company")

 

Directors' Dealings

 

The Company announces that on 2 April 2015 the following directors of the Company (the "Executive Directors") were granted awards under the Company's Performance Share Plans ("PSPs") to acquire the number of ordinary shares of nil par value in the Company ("Ordinary Shares") set against their names below.  The awards are expected to vest on 2 April 2018, subject to the satisfaction of a performance condition based on underlying EPS growth being significantly in excess of growth in RPI over the three year period ending on 31 December 2017.

 

Director

Ordinary Shares granted

Peter Tom CBE*

701,098

Simon Vivian

967,033

Rob Wood

527,472

 

*The Award to Peter Tom CBE was granted to Rise Rocks Limited, a company in which Mr Tom has a beneficial interest, which provides the services of Mr Tom as Chairman to the Company and was structured as an option at an option price equal to 1 pence per Ordinary Share . Once vested the option may be exercised at any time up to the 4th anniversary of the date of grant. The awards to Simon Vivian and Rob Wood were structured as conditional awards.

 

As at the date of this announcement the Executive Directors also have the following further interests in Ordinary Shares arising from previous awards made under the PSPs:

 

Director

Ordinary Shares

Peter Tom CBE

701,098

Simon Vivian

967,033

Rob Wood

483,516

 

In addition, the Executive Directors also have interests in the following Ordinary Shares:

 

Director

Ordinary Shares

Percentage of Issued Share Capital

Peter Tom CBE

  48,291,867

4.52%

Simon Vivian

  16,509,371

1.54%

Rob Wood

      100,000

0.01%

 

 

For further information:

 

Breedon Aggregates Limited

Simon Vivian, Group Chief Executive                                           01332 694010

Rob Wood, Group Finance Director

 

Stephen Jacobs, Head of Communications                                   07831 764592

 

Cenkos Securities plc (Nomad)

Max Hartley                                                                               020 7397 8900

 

 

 

 

 

 

 


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