BREEDON GROUP The Company has been notified that Tim Hall, Chief Executive of Breedon Southern Limited and a Person Discharging Managerial Responsibilities ('PDMR'), has sold 800,000 ordinary shares in the Company ('Ordinary Shares') at a price of 91.5p per Ordinary Share. The Company has also been notified that Mr Hall's wife, Valerie Hall, has also sold 250,000 Ordinary Shares at the same price.
As at today there are 1,446,562,770 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 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 |
Breedon Group plc is the largest independent construction materials group in the UK after the four global majors. It operates the country's largest cement plant, two cement import terminals, around 60 quarries, 26 asphalt plants, 200 ready-mixed concrete & mortar plants and three concrete block plants, employing around 2,300 people nationwide.
The group has strong asset backing, with over 750 million tonnes of mineral reserves and resources. Breedon's strategy is to continue growing through consolidation of the UK heavyside building materials sector.
Price(s) | Volume(s) |
91.5p per share | 800,000 |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Tim Hall |
2 | Reason for the notification | |
a) | Position/status | Chief Executive - Breedon Southern (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)
| 800,000 91.5p per share |
e) | Date of transaction | 9 August 2017 |
f) | Place of the transaction | London Stock Exchange (AIM) |
Price(s) | Volume(s) |
91.5p per share | 250,000 |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Valerie Hall |
2 | Reason for the notification | |
a) | Position/status | A person closely associated with Tim Hall, Chief Executive of Breedon Southern Limited (a 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)
| 250,000 91.5p per share |
e) | Date of transaction | 9 August 2017 |
f) | Place of the transaction | London Stock Exchange (AIM) |
Breedon Group plc published this content on 10 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 August 2017 07:34:09 UTC.
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