Breedon Group Plc

Remuneration Information • Apr 30, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 6278M

Breedon Group PLC

30 April 2018

30 April 2018

BREEDON GROUP plc 

('Breedon' or the 'Company')

Directors' and PDMRs' Dealings

The Company announces that on 27 April 2018 the following Directors and other Persons Discharging Managerial Responsibilities (PDMRs) were granted awards under the Company's Performance Share Plans in respect of the performance period 2018 to 2020, to acquire the number of ordinary shares of nil par value in the Company ("Ordinary Shares") set against their names in the table below.  The awards will vest on 27 April 2021, subject to the satisfaction of a performance condition based on underlying EPS growth being significantly in excess of growth in RPI over the three-year period ending on 31 December 2020.

Director/PDMR	Role	Ordinary Shares subject to conditional award
Peter Tom CBE*	Executive Chairman	802,615
Pat Ward	Group Chief Executive	1,070,154
Rob Wood	Group Finance Director	594,530
Ross McDonald	Group Services Director	214,030
Stephen Tagg	Group Human Resources Director	214,030
Michael Pearce	Managing Director - Breedon Southern	234,007
Alan Mackenzie	Managing Director - Breedon Northern	215,481
Stephen Jacobs	Head of Communications & Marketing	58,989

*The Award to Peter Tom CBE was granted to Rise Rocks Limited, a company in which Mr Tom has a beneficial interest, which provides the services of Mr Tom as Chairman to the Company and was structured as an option at an option price equal to 1 pence per Ordinary Share. Once vested the option may be exercised at any time up to the 4th anniversary of the date of grant. All other awards were structured as conditional awards.

Enquiries:

Breedon Group plc                                                      www.breedongroup.com 

Ross McDonald, Group Services Director             01332 694010

Cenkos Securities plc (NOMAD and Joint Broker)

Max Hartley                                                                   020 7397 8900

Numis Securities (Joint Broker)

Heraclis Economides

Ben Stoop                                                                     020 7260 1000

More about Breedon Group

Breedon Group plc is a leading construction materials group in the UK and Ireland. It operates two cement plants and around 70 quarries, 40 asphalt plants, 200 ready-mixed concrete and mortar plants, nine concrete and clay products plants, four contract surfacing businesses, six import/export terminals and two slate production facilities.

The Group employs nearly 3,000 people and has around 870 million tonnes of mineral reserves and resources.  The Group's strategy is to continue growing organically and through the acquisition of businesses in the heavyside construction materials market.

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

Rise Rocks Limited

2

Reason for the notification

a)

Position/status

Person closely associated with Peter Tom CBE, Executive Chairman

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 an Award under Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	802,615

d)

Aggregated information (if any)

- Aggregated volume

- Price

802,615

Nil

e)

Date of transaction

27 April 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

Patrick Robert Ward

2

Reason for the notification

a)

Position/status

Group Chief Executive (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 Awards under Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	1,070,154

d)

Aggregated information (if any)

- Aggregated volume

- Price

1,070,154

Nil

e)

Date of transaction

27 April 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

Robert Wood

2

Reason for the notification

a)

Position/status

Group Finance 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 Awards under Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	594,530

d)

Aggregated information (if any)

- Aggregated volume

- Price

594,530

Nil

e)

Date of transaction

27 April 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 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 an Award under Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	214,030

d)

Aggregated information (if any)

- Aggregated volume

- Price

214,030

Nil

e)

Date of transaction

27 April 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

Stephen Peter 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 Awards under Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	214,030

d)

Aggregated information (if any)

- Aggregated volume

- Price

214,030

Nil

e)

Date of transaction

27 April 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

Michael Pearce

2

Reason for the notification

a)

Position/status

Managing Director - 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

Grant of an Award under Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	234,007

d)

Aggregated information (if any)

- Aggregated volume

- Price

234,007

Nil

e)

Date of transaction

27 April 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

Alan Kenneth 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

Grant of an Award under Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	215,481

d)

Aggregated information (if any)

- Aggregated volume

- Price

215,481

Nil

e)

Date of transaction

27 April 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

Stephen Jacobs

2

Reason for the notification

a)

Position/status

Head of Communications & Marketing (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 Awards under Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	58,989

d)

Aggregated information (if any)

- Aggregated volume

- Price

58,989

Nil

e)

Date of transaction

27 April 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

DSHSDUFISFASEFL