Director/PDMR Shareholding

RNS Number : 3937E

Breedon Group PLC

17 October 2018

 

17 October 2018

BREEDON GROUP plc

("Breedon" or the "Company")

Director and PDMR Dealings

The Company has been notified that Mr Jude Lagan, Managing Director, Breedon Cement and a Person Discharging Managerial Responsibilities ('PDMR'), has purchased 357,000 ordinary shares in the Company ('Ordinary Shares') at an average price of 69.95p per Ordinary Share.  As a consequence, Mr Lagan now has an interest in 357,000 Ordinary Shares representing approximately 0.02% of the Company's total voting rights.

Enquiries:

Breedon Group plc                                                  www.breedongroup.com 

Ross McDonald, Group Services Director                 01332 694010

Cenkos Securities plc (NOMAD and Joint Broker)

Max Hartley                                                                 020 7397 8900

Numis Securities (Joint Broker)

Heraclis Economides

Ben Stoop                                                                   020 7260 1000

More about Breedon Group

Breedon Group plc is a leading construction materials group in the UK and Ireland. It currently operates two cement plants, around 80 quarries, 40 asphalt plants, around 170 ready-mixed concrete and mortar plants, nine concrete and clay products plants, four contract surfacing businesses, six import/export terminals and two slate production facilities.  The Group employs nearly 3,000 people and has nearly 900 million tonnes of mineral reserves and resources.  The Group's strategy is to continue growing organically and through the acquisition of businesses in the heavyside construction materials market.

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	Jude Lagan
2	Reason for the notification
a)	Position/status	Managing Director - Breedon Cement
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	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 69.95p per share 257,000 70.0p per share 100,000
d)	Aggregated information (if any) - Aggregated volume - Price	357,000 £249,771.50
e)	Date of transaction	17 October 2018
f)	Place of the transaction	AIMX

 

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