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Breedon Group PLC (BREE)

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Monday 01 April, 2019

Breedon Group PLC

Grant of SAYE Options and PDMR Dealings

RNS Number : 7402U
Breedon Group PLC
01 April 2019
 

 

 

1 April 2019

 

BREEDON GROUP plc 

("Breedon" or the "Company")

 

Grant of SAYE Options and PDMR Dealings

The Company announces that it has granted options to the following Directors and Persons Discharging Managerial Responsibilities ("PDMRs") under the Breedon Group Savings Related Share Option Scheme (the "SAYE Scheme").

 

Under the terms of the SAYE Scheme, the Directors and PDMRs listed below are committed to making contributions over a five-year period.  As at 1 May 2024 these accumulated funds can then be withdrawn from the SAYE Scheme as cash or used to exercise options over Ordinary Shares of nil par value in the Company ("Ordinary Shares") which have been granted at 55.0 pence per ordinary share in accordance with the terms of the SAYE Scheme. Assuming full participation in the SAYE Scheme, the PDMRs listed below would have an option over the number of shares in the Company set out below.

PDMR

Title

Options granted

Pat Ward

Group Chief Executive

54,545

Rob Wood

Group Finance Director

54,545

Ross McDonald

Group Services Director (PDMR)

10,909

Alan Mackenzie

Managing Director - Breedon Northern (PDMR)

27,272

 

 

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

Pat Ward

2

Reason for the notification

a)

Position/status

Group Chief Executive

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

Grant of Savings Related Share options

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

Nil

54,545

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

54,545

 

Nil

e)

Date of transaction

1 April 2019

f)

Place of the transaction

Outside a trading venue

 



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

Rob Wood

2

Reason for the notification

a)

Position/status

Group Finance Director

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

Grant of Savings Related Share options

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

Nil

54,545

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

54,545

 

Nil

e)

Date of transaction

1 April 2019

f)

Place of the transaction

Outside a trading venue

 



 

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

Ross Edward 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

Grant of Savings Related Share options

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

Nil

10,909

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

10,909

 

Nil

e)

Date of transaction

1 April 2019

f)

Place of the transaction

Outside a trading venue

 


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

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

Grant of Savings Related Share options

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Nil

27,272

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

27,272

 

Nil

e)

Date of transaction

1 April 2019

f)

Place of the transaction

Outside a trading venue

 

 

 


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