Breedon Group Plc

Remuneration Information • Apr 26, 2024

National Storage Mechanism | Additional information

RNS Number : 2778M

Breedon Group PLC

26 April 2024

LEI: 213800DQGNQE3X76WS92

26 April 2024

BREEDON GROUP plc 

(Breedon or the Company)

Notification of transactions by Directors/Persons Discharging Managerial Responsibility (PDMRs)

The Company announces that on 25 April 2024 the following PDMRs were each granted conditional awards under the Company's Performance Share Plan (PSP awards) in respect of the three-year performance period (2024 to 2026), to acquire the number of ordinary shares of £0.01 in the Company (Ordinary Shares) set against their names in the table below.  The PSP awards will normally vest on 25 April 2027, subject to continued employment and the satisfaction of the undernoted performance conditions. In addition, any resulting shares will be subject to a further holding period of two years from the date of vesting.

Director & PDMR	Role	Ordinary Shares subject to PSP award
Rob Wood	Chief Executive Officer	366,739
James Brotherton	Chief Financial Officer	217,061

Performance measure	Weighting	Calibration of targets		Percentage of part of PSP award capable of vesting
EPS	42.5%	Company's fully diluted underlying EPS for 2026	Less than 37.50 pence 37.50 pence Between 37.50 pence and 40.40 pence 40.40 pence Between 40.40 pence and 44.44 pence 44.44 pence or more	0% 25% Pro-rata straight-line basis between 25% and 50% 50% Pro-rata straight-line basis between 50% and 100% 100%
Relative TSR	42.5%	Company's TSR ranking relative to constituents of the  FTSE 250 Index (excluding investment trusts)	Below median Median Between median and upper quartile Upper quartile or better	0% 25% Pro-rata straight-line basis between 25% and 100% 100%
Sustainability - Reduction of Core Carbon Intensity*	15%	% reduction of Core Carbon Intensity during the three year performance period	Below 4.95% 4.95% Between 4.95% and 6.6% 6.6% Between 6.6% and 8.25% 8.25% or better	0% 25% Pro-rata straight-line basis between 25% and 50% 50% Pro-rata straight-line basis between 50% and 100% 100%

* Core Carbon Intensity measures reductions in carbon intensity per tonne of core product sold .  

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

Enquiries:

Breedon Group plc                                                         www.breedongroup.com 

James Atherton-Ham, Group General Counsel                01332 694010

Louise Turner-Smith, Head of Investor Relations             07860 911909

MHP (Public Relations Adviser)                                    020 3128 8613

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 the notification

a)

Position/status

Chief Executive Officer (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

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

Identification code

Ordinary Shares of  £0.01 each

GB00BM8NFJ84

b)

Nature of the transaction

Grant of Awards under Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	366,739

d)

Aggregated information (if any)

- Aggregated volume

- Price

366,739

Nil

e)

Date of transaction

25 April 2024

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

James Brotherton

2

Reason for the notification

a)

Position/status

Chief Financial Officer (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

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

Identification code

Ordinary Shares of £0.01 each

GB00BM8NFJ84

b)

Nature of the transaction

Grant of Awards under Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	217,061

d)

Aggregated information (if any)

- Aggregated volume

- Price

217,061

Nil

e)

Date of transaction

25 April 2024

f)

Place of the transaction

Outside a trading venue

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