Breedon Group Plc

Pre-Annual General Meeting Information • Aug 21, 2019

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RNS Number : 8278J

Breedon Group PLC

21 August 2019

News release

21 August 2019

Breedon Group plc

("Breedon" or "the Group")

Posting of Circular and Notice of EGM

Breedon Group plc, a leading construction materials group in Great Britain and Ireland, announces that a circular (the "Circular") and notice of Extraordinary General Meeting have been posted to shareholders in connection with a proposed amendment to the Group's Articles of Association.

The Board intends to move the tax domicile of the Group from Jersey to the United Kingdom with effect from 1 September 2019. The Board believes that the Group gains little benefit from being tax domiciled in Jersey, and bringing the Company's tax residency onshore should be more efficient and beneficial from a management perspective. The Company will, however, remain incorporated in Jersey with its registered office remaining at 28 Esplanade, St Helier, Jersey JE2 3QA.

As a result of the proposed move, the Group will no longer be required from a tax perspective to make its corporate decisions in Jersey and the Group is therefore proposing to amend its Articles of Association to reflect this, with effect from the passing of the proposed resolution. The resolution to amend the Group's Articles of Association will be proposed as a Special Resolution, requiring at least two thirds of the votes cast to be in favour for the resolution to be passed.

The Extraordinary General Meeting will take place at the offices of Travers Smith LLP, 10 Snow Hill, London EC1A 2AL on Monday, 9 September 2019 at 11.30 a.m. The Circular and Notice of EGM are available to be viewed on, or downloaded from, the Group's corporate website at www.breedongroup.com.

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Enquiries Breedon Group plc	### Tel: 01332 694010
Pat Ward, Group Chief Executive Rob Wood, Group Finance Director
Stephen Jacobs, Head of Communications	Tel: 07831 764592
Cenkos Securities plc (Nomad and joint broker) Max Hartley	Tel: 020 7397 8900
Numis Securities (Joint broker) Heraclis Economides/Ben Stoop	Tel: 020 7260 1000

Note to Editors

Breedon Group plc is a leading construction materials group in Great Britain and Ireland. It operates two cement plants and an extensive network of quarries, asphalt plants and ready-mixed concrete plants, together with slate production, concrete and clay products manufacturing, contract surfacing and highway maintenance operations. The Group employs nearly 3,000 people and has nearly 900 million tonnes of mineral reserves and resources.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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