Directorate Change

RNS Number : 5770R

Breedon Aggregates Ld

09 March 2016

 

9 March 2016

Breedon Aggregates Limited

("Breedon" or the "Company")

Directorate Change

Breedon Aggregates Limited, the UK's largest independent aggregates business, today announces that Simon Vivian, the Company's former Group Chief Executive, will step down from the Board as an executive director with effect from 10 March 2016.

Having led Breedon since its creation, it is expected that Simon will be appointed to the Board in a non-executive role at the date of the next Board meeting. The Board has accepted his resignation from his role as an executive Director and wishes to thank him for his contribution to the Company.

Enquiries:

Breedon Aggregates Limited	Tel: [phone]
Peter Tom, Executive Chairman Pat Ward, Group Chief Executive
Stephen Jacobs, Head of Communications	Tel: [phone]
Cenkos Securities plc (Nomad and joint broker) Max Hartley/ Ian Soanes	Tel: [phone]
Peel Hunt LLP (Joint broker)	Tel: [phone]
Justin Jones/ Mike Bell

Note to Editors

Breedon Aggregates is the leading independent aggregates business in the UK after the four global majors.  It operates 53 quarries, 26 asphalt plants, 61 ready-mixed concrete plants and three concrete block plants in England and Scotland and employs around 1,240 people.  The Group has strong asset backing, with over 500 million tonnes of mineral reserves and resources in the UK.  Breedon Aggregates' strategy is to grow through consolidation of the UK heavyside building materials sector.

In November 2015 Breedon announced its intention to acquire Hope Construction Materials Limited for £336 million.  The acquisition is expected to complete in the summer of 2016, creating the UK's largest independent building materials group with one of the country's largest cement plants, nearly 60 quarries, more than 200 ready-mixed concrete plants and around 750 million tonnes of mineral reserves and resources in England, Scotland and Wales.

 

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