Holding(s) in Company

RNS Number : 6076Q

Breedon Group PLC

21 October 2019

 

21 October 2019

BREEDON GROUP plc

("Breedon" or the "Company")

Holdings in Company

Breedon has been informed by Abicad Holding Limited ("Abicad") that on 18 October 2019 it disposed of 143,963,575 ordinary shares of no par value ("Ordinary Shares") in the issued share capital of the Company, reducing its percentage holding of the number of Ordinary Shares in issue to approximately 9.8%. The total number of Ordinary Shares held by Abicad following the transaction is 164,959,102.

Breedon has also been informed by M1 Cement Holding Limited ("M1 Cement"), a former shareholder of Abicad, that on the same date it acquired 143,963,575 Ordinary Shares, representing approximately 8.55% of the number of Ordinary Shares in issue as at the date of this announcement.  The total number of Ordinary Shares held by M1 Cement following the transaction is 143,963,575 Ordinary Shares.

As at the date of this announcement, there are 1,682,878,883 Ordinary Shares in issue, none of which are held in treasury. This figure may therefore 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. 

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Enquiries:

Breedon Group plc                                                                           01332 694010

Pat Ward, Group Chief Executive

Rob Wood, Group Finance Director

Steve Jacobs, Head of Marketing and Communications

Cenkos Securities plc (NOMAD and Joint Broker)

Max Hartley                                                                                        020 7397 8900

Numis Securities (Joint Broker)

Ben Stoop / Heraclis Economides                                                      020 7260 1000

Teneo                                                                                      

Matt Denham / Rachel Miller                                                              020 7420 3180

 

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