3 April 2017
BREEDON GROUP plc
("Breedon" or the "Company")
Grant of SAYE Options
The Company has today been notified that the following Persons Discharging Managerial Responsibilities ("PDMRs") are intending to participate in the Breedon Group Savings Related Share Option Scheme (the "SAYE Scheme").
Under the terms of the SAYE Scheme, the PDMRs listed below are committed to making contributions over a five-year period. As at 1 May 2022 these accumulated funds can then be withdrawn from the SAYE Scheme as cash or used to exercise options over the Company's ordinary shares which have been granted at 63.8 pence per ordinary share in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 |
Ross McDonald |
Group Services Director |
18,808 |
Stephen Tagg |
Group Human Resources Director |
47,021 |
Enquiries:
Breedon Group plc
Pat Ward, Group Chief Executive 01332 694010
Stephen Jacobs, Head of Communications 07831 764592
Cenkos Securities plc (NOMAD)
Max Hartley 020 7397 8900
Peel Hunt (Joint Broker)
Justin Jones / Mike Bell 020 7418 8900
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 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 |
18,808 |
|
d) |
Aggregated information (if any) - Aggregated volume - Price |
18,808 Nil |
f) |
Place of the transaction |
N/A |
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 |
Stephen Tagg |
2 |
Reason for the notification |
a) |
Position/status |
Group Human Resources 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 |
47,021 |
|
d) |
Aggregated information (if any) - Aggregated volume - Price |
47,021 Nil |
f) |
Place of the transaction |
N/A |
