PDMR Dealings

RNS Number : 5873N

Breedon Group PLC

10 August 2017

 

10 August 2017

BREEDON GROUP plc

("Breedon" or the "Company")

PDMR Dealings

The Company has been notified that Tim Hall, Chief Executive of Breedon Southern Limited and a Person Discharging Managerial Responsibilities ('PDMR'), has sold 800,000 ordinary shares in the Company ('Ordinary Shares') at a price of 91.5p per Ordinary Share.  The Company has also been notified that Mr Hall's wife, Valerie Hall, has also sold 250,000 Ordinary Shares at the same price.

As at today there are 1,446,562,770 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.

Enquiries:

Breedon Group plc

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

Numis Securities (Joint Broker)

Heraclis Economides

Ben Stoop                                                                                             020 7260 1000

More about Breedon Group

Breedon Group plc is the largest independent construction materials group in the UK after the four global majors. It operates the country's largest cement plant, two cement import terminals, around 60 quarries, 26 asphalt plants, 200 ready-mixed concrete & mortar plants and three concrete block plants, employing around 2,300 people nationwide.

The group has strong asset backing, with over 750 million tonnes of mineral reserves and resources. Breedon's strategy is to continue growing through consolidation of the UK heavyside building materials sector.

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	Tim Hall
2	Reason for the notification
a)	Position/status	Chief Executive - Breedon Southern (PDMR)
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	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 91.5p per share 800,000
d)	Aggregated information (if any) - Aggregated volume - Price	800,000 91.5p per share
e)	Date of transaction	9 August 2017
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	Valerie Hall
2	Reason for the notification
a)	Position/status	A person closely associated with Tim Hall, Chief Executive of Breedon Southern Limited (a PDMR)
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	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 91.5p per share 250,000
d)	Aggregated information (if any) - Aggregated volume - Price	250,000 91.5p per share
e)	Date of transaction	9 August 2017
f)	Place of the transaction	London Stock Exchange (AIM)

 

END

 

 

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