Director/PDMR Shareholding

RNS Number : 2423R

Breedon Group PLC

07 December 2016

 

7 December 2016

BREEDON GROUP plc

("Breedon" or the "Company")

PDMR Dealings

Breedon announces that, on 7 December 2016, Peter Tom CBE, a director of the Company, sold 7,000,000 ordinary shares of no par value each in the Company ("Ordinary Shares") at a price of 72.75p per share and, as a consequence, he now has an interest in 41,091,867 Ordinary Shares representing 2.91% of the Company's Total Voting Rights.  Mr Tom has advised the Company that this sale forms part of his wider personal estate planning, and that he has no intention of making any further reduction in his holding of the Company's Ordinary Shares in the foreseeable future.

In addition, the Company has also been notified that Mr Tim Hall, Chief Executive of Breedon Southern and a PDMR, has today sold 200,000 Ordinary Shares also at a price of 72.75p.

As at today there are 1,411,013,763 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.

The information contained within this announcement is deemed by the Group to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.

Enquiries:

Breedon Group plc                                                               www.breedongroup.com

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

Peel Hunt (Joint Broker)

Justin Jones / Mike Bell                                                                          020 7418 8900

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	Peter William Gregory Tom CBE
2	Reason for the notification
a)	Position/status	Director
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	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  ISIN: JE00B2419D89
b)	Nature of the transaction	Sale of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s)  72.75p per share  7,000,000
d)	Aggregated information  - Aggregated volume  - Price	7,000,000 72.75p per share
e)	Date of the transaction	7 December 2016
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	Timothy Hall
2	Reason for the notification
a)	Position/status	Chief Executive, Breedon Southern (PDMR)
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	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 ISIN: JE00B2419D89
b)	Nature of the transaction	Sale of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s)  72.75p per share  200,000
d)	Aggregated information  - Aggregated volume  - Price	200,000 72.75p per share
e)	Date of the transaction	7 December 2016
f)	Place of the transaction	London Stock Exchange (AIM)

 

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