Breedon Group PLC Grant of SAYE Options and PDMR Dealings (4878O)
18 May 2018 - 1:55AM
UK Regulatory
TIDMBREE
RNS Number : 4878O
Breedon Group PLC
17 May 2018
17 May 2018
BREEDON GROUP plc
("Breedon" or the "Company")
Grant of SAYE Options and PDMR Dealings
The Company has today granted options to the following 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 PDMRs listed below are
committed to making contributions over a five-year period. As at 1
July 2023 these accumulated funds can then be withdrawn from the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 66.4 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
Managing Director
Michael Pearce - Breedon Southern 45,180
Ross McDonald Group Services Director 9,036
The Company has today also been notified that Ross McDonald has
exercised an option granted to him under the SAYE Scheme in 2015
and accordingly has acquired 8,430 Ordinary Shares at a price of
42.7 pence per Ordinary Share.
As at today there are 1,678,876,614 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 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 Michael Pearce
--- --------------------------- -------------------------------
2 Reason for the notification
--- ------------------------------------------------------------
a) Position/status Managing Director - Breedon
Southern (PDMR)
--- --------------------------- -------------------------------
b) Is this an initial Initial notification
notification or
an amendment to
a prior 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, Ordinary Shares of no par
type of instrument value
Identification JE00B2419D89
code
--- --------------------------- -------------------------------
b) Nature of the transaction Grant of Savings Related Share
options
--- --------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil 45,180
---------- ----------
--- --------------------------- -------------------------------
d) Aggregated information
(if any)
45,180
- Aggregated volume
Nil
- Price
--- --------------------------- -------------------------------
e) Date of transaction 17 May 2018
--- --------------------------- -------------------------------
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 Initial notification
notification or
an amendment to
a prior 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, Ordinary Shares of no par
type of instrument value
Identification JE00B2419D89
code
--- --------------------------- -------------------------------
b) Nature of the transaction Grant of Savings Related Share
options
--- --------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil 9,036
---------- ----------
--- --------------------------- -------------------------------
d) Aggregated information
(if any)
9,036
- Aggregated volume
Nil
- Price
--- --------------------------- -------------------------------
e) Date of transaction 17 May 2018
--- --------------------------- -------------------------------
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 Initial notification
notification or
an amendment to
a prior 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, Ordinary Shares of no par
type of instrument value
Identification JE00B2419D89
code
--- --------------------------- -------------------------------
b) Nature of the transaction Acquisition of Ordinary Shares
pursuant to a Savings Related
Share Option
--- --------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
42.7p per
share 8,430
----------- ----------
--- --------------------------- -------------------------------
d) Aggregated information
(if any)
8,430
- Aggregated volume
42.7p per share
- Price
--- --------------------------- -------------------------------
e) Date of transaction 17 May 2018
--- --------------------------- -------------------------------
f) Place of the transaction Outside a trading venue
--- --------------------------- -------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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