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Breedon Group PLC (BREE)

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Thursday 26 April, 2018

Breedon Group PLC

Director and PDMR Dealings and Issue of Equity

RNS Number : 2658M
Breedon Group PLC
26 April 2018
 

 

26 April 2018

BREEDON GROUP plc

("Breedon" or the "Company")

 

Director and PDMR Dealings

and Issue of Equity

 

The Company announces that certain Directors and PDMRs of the Company have today been allotted, subject to Admission, a total of 2,973,726 new ordinary shares of no par value in the Company ("Ordinary Shares") as a consequence of the vesting of awards made under the Company's Performance Share Plans in 2014 ("2014 PSP Awards").

 

The table below sets out the number of new Ordinary Shares that each Director and PDMR has received:

 

Name

Role

New Ordinary Shares

Peter Tom (Rise Rocks Limited)

Executive Chairman

701,098

Pat Ward

Group Chief Executive

231,788

Rob Wood

Group Finance Director

  659,923

Ross McDonald

Group Services Director

142,857

Alan McKenzie

Managing Director - Breedon Northern

351,648

 

*The 2014 PSP Award to Peter Tom CBE was granted to Rise Rocks Limited, a company in which Mr Tom has a beneficial interest, which provides the services of Mr Tom as Chairman to the Company.  

 

The Company has also awarded a total of 886,412 new Ordinary Shares, as a consequence of the vesting of awards, to other current employees and former employees. The Company has applied for the total of 2,973,726 Ordinary Shares to be admitted to trading on AIM. Admission of the New Ordinary Shares is expected to occur tomorrow, on 27 April 2018.

 

Following admission, there will be 1,671,910,385 Ordinary Shares in issue, of which none are held in treasury. Therefore the figure of 1,671,910,385 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                                          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

 

Numis Securities (Joint Broker)

Heraclis Economides

Ben Stoop                                                         020 7260 1000

 

 

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

Rise Rocks Limited

2

Reason for the notification

a)

Position/status

Person closely associated with Peter Tom CBE, Executive Chairman

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

Vesting of share awards

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£0.01 per share

701,098

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

701,098

 

£0.01 per share

e)

Date of transaction

26 April 2018

f)

Place of the transaction

Outside trading venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Pat Ward

2

Reason for the notification

a)

Position/status

Group Chief Executive (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

Vesting of share awards

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Nil

231,788

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

231,788

 

Nil

e)

Date of transaction

26 April 2018

f)

Place of the transaction

Outside trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Rob Wood

2

Reason for the notification

a)

Position/status

Group Finance Director (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

Vesting of share awards

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Nil

659,923

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

659,923

 

Nil

e)

Date of transaction

26 April 2018

f)

Place of the transaction

Outside trading venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ross McDonald

2

Reason for the notification

a)

Position/status

Group Services Director (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

Vesting of share awards

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Nil

142,857

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

142,857

 

Nil

e)

Date of transaction

26 April 2018

f)

Place of the transaction

Outside trading venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alan Mackenzie

2

Reason for the notification

a)

Position/status

Managing Director - Breedon Northern (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

Vesting of share awards

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Nil

351,648

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

351,648

 

Nil

e)

Date of transaction

26 April 2018

f)

Place of the transaction

Outside trading venue

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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