- Title:
Director and PDMR Dealings & Issue of Equity - Time:
15:41:33 - Date:
19 Jun 2020 - Category:
Director/PDMR dealings - ID:
5501Q
19 June 2020
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 a total of 1,316,260 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 Plan in 2016 and 2017.
The table below sets out the number of new Ordinary Shares that each Director and PDMR has received:
| Name |
Role |
New Ordinary Shares |
| Pat Ward |
Group Chief Executive |
430,083 |
| Rob Wood |
Group Finance Director |
258,050 |
| Ross McDonald |
Group Services Director (PDMR) |
103,220 |
| Alan Mackenzie |
Managing Director - Breedon Northern (PDMR) |
144,836 |
| Stephen Tagg |
Group Human Resources Director (PDMR) |
259,805 |
| Stephen Jacobs |
Head of Communications (PDMR) |
120,266 |
Subsequently, each of the Directors and PDMRs listed below has today sold the following number of Ordinary Shares, at a price of 77.9p per Ordinary Share to meet Income Tax and National Insurance liabilities arising from the allotment above.
| Name |
Role |
New Ordinary Shares |
| Pat Ward |
Group Chief Executive |
202,140 |
| Rob Wood |
Group Finance Director |
121,284 |
| Ross McDonald |
Group Services Director (PDMR) |
48,514 |
| Alan Mackenzie |
Managing Director - Breedon Northern (PDMR) |
69,522 |
| Stephen Tagg |
Group Human Resources Director (PDMR) |
122,110 |
| Stephen Jacobs |
Head of Communications (PDMR) |
56,526 |
In addition, the Company has been informed that Alan Mackenzie has sold a further 75,314 Ordinary Shares at a price of 77.9p per Ordinary Share.
Following the sale, the Executive Directors of Breedon will have an interest in the following number of Ordinary Shares:
| Name |
Role |
New Ordinary Shares |
| Pat Ward |
Group Chief Executive |
1,300,937 |
| Rob Wood |
Group Finance Director |
1,077,161 |
Following the allotment above, there will be 1,686,470,121 Ordinary Shares in issue, of which none are held in treasury. Therefore the figure of 1,686,470,121 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 |
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 |
Vesting of share awards |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
430,083
Nil |
||||
| e) |
Date of transaction |
19 June 2020 |
||||
| 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 |
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 |
Sale of Ordinary Shares |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
202,140
£157,467.06 |
||||
| e) |
Date of transaction |
19 June 2020 |
||||
| 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 |
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 |
Vesting of share awards |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
258,050
Nil |
||||
| e) |
Date of transaction |
19 June 2020 |
||||
| 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 |
Sale of Ordinary Shares |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
121,284
£94,480.23 |
||||
| e) |
Date of transaction |
19 June 2020 |
||||
| 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 |
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)
|
|
||||
| d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
103,220
Nil |
||||
| e) |
Date of transaction |
19 June 2020 |
||||
| 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 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 |
Sale of ordinary shares |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
48,514
£37,792.40 |
||||
| e) |
Date of transaction |
19 June 2020 |
||||
| 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 |
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)
|
|
||||
| d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
144,836
Nil |
||||
| e) |
Date of transaction |
19 June 2020 |
||||
| 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 |
Sale of Ordinary Shares |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
144,836
£112,827.24 |
||||
| e) |
Date of transaction |
19 June 2020 |
||||
| 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 |
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 |
Vesting of share awards |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
259,805
Nil |
||||
| e) |
Date of transaction |
19 June 2020 |
||||
| 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 |
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 |
Sale of Ordinary Shares |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
122,110
£95,123.69 |
||||
| e) |
Date of transaction |
19 June 2020 |
||||
| 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 |
Stephen Jacobs |
||||
| 2 |
Reason for the notification |
|||||
| a) |
Position/status |
Head of Communications (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)
|
|
||||
| d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
120,266
Nil |
||||
| e) |
Date of transaction |
19 June 2020 |
||||
| 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 |
Stephen Jacobs |
||||
| 2 |
Reason for the notification |
|||||
| a) |
Position/status |
Head of Communications (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)
|
|
||||
| d)
|
Aggregated information (if any)
- Aggregated volume
- Price |
56,526
£44,033.75 |
||||
| e) |
Date of transaction |
19 June 2020 |
||||
| f) |
Place of the transaction |
London Stock Exchange (AIM) |
||||
Director and PDMR Dealings & Issue of Equity15:41:3319 Jun 2020Director/PDMR dealings5501Q