REG - Breedon Group PLC - Director/PDMR Shareholding

BreedonAnnouncement

30/08/2023 17:15

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RNS Number : 8544K  Breedon Group PLC  30 August 2023

30 August 2023

BREEDON GROUP plc

("Breedon" or the "Company")

 

Directors and Persons Discharging Managerial Responsibility ("PDMRs")

Dealings and Issue of Equity

 

This notification is made in accordance with the requirements of Article 19 of
the UK Market Abuse Regulation.

The Company announces that participants of the Company's Performance Share
Plan ("PSP") have been allotted a total of 600,066 new ordinary shares of
0.01p in the Company ("Ordinary Shares") on 29 August 2023 as a consequence of
the vesting of awards made under the PSP in 2020.  The number of shares
released includes additional shares calculated to reflect dividends declared
during the period from grant until vesting, in accordance with the PSP rules.

As a result, Rob Wood, Chief Executive Officer, Director and PDMR has been
allotted a total of 137,757 Ordinary Shares. Subsequently, Mr Wood has today
sold 64,081 Ordinary Shares, at a price of 340.5p per Ordinary Share, to meet
Income Tax and National Insurance liabilities arising from the allotment. His
net balance is 73,676 shares.

Following the sale, Mr Wood has a total interest in 344,402 Ordinary Shares,
equating to 0.101% of the Issued Share Capital in the Company.

 

Enquiries:

 

Breedon Group
plc
            www.breedongroup.com

James Atherton-Ham, Group General Counsel                +44 (0)
1332 694010

Louise Turner-Smith, Head of Investor Relations             +44 (0)
7860 911909

 

MHP (Public Relations Adviser)
     +44 (0) 20 3128 8193

Reg Hoare

Rachel Farrington

Charles Hirst

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 Notification
 a)  Position/status                                              Chief Executive Officer
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Breedon Group plc
 b)  LEI                                                          213800DQGNQE3X76WS92
 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

                                                                  Ordinary Shares of £0.01 each

     Identification code                                          GB00BM8NFJ84

 b)  Nature of the transaction                                    Acquisition of shares on the vesting of a conditional award granted under the
                                                                  LTIP in 2020

 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                                  Nil       137,757
 d)  Aggregated information

     -     Aggregated volume                                      137,757

     -     Price                                                  Nil

 e)  Date of the transaction                                      29 August 2023
 f)  Place of the transaction                                     Outside a trading venue
 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

                                                                  Ordinary Shares of £0.01 each

     Identification code                                          GB00BM8NFJ84

 b)  Nature of the transaction                                    Sale of shares to cover tax and national insurance liabilities, with 73,676
                                                                  shares retained

 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            Sale of shares to cover tax and NI liabilities

                                                                                                                  340.5p    64,081
 d)  Aggregated information

     -     Aggregated volume                                      64,081

     -     Price                                                  £218,195.805

 e)  Date of the transaction                                      30 August 2023
 f)  Place of the transaction                                     London Stock Exchange plc

d)

Aggregated information

-     Aggregated volume

 

-     Price

 

137,757

 

Nil

 

e)

Date of the transaction

29 August 2023

f)

Place of the transaction

Outside a trading venue

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

 

 

 

Ordinary Shares of £0.01 each

Identification code

GB00BM8NFJ84

 

b)

Nature of the transaction

Sale of shares to cover tax and national insurance liabilities, with 73,676
shares retained

 

 

c)

Price(s) and volume(s)

 

 

                                                 Price(s)  Volume(s)
 Sale of shares to cover tax and NI liabilities

                                                 340.5p    64,081

d)

Aggregated information

-     Aggregated volume

 

-     Price

 

64,081

 

£218,195.805

 

 

e)

Date of the transaction

30 August 2023

f)

Place of the transaction

London Stock Exchange plc

 

 

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