Breedon Group PLC Grant of SAYE Options and PDMR Dealings (2538E)
October 16 2018 - 12:00PM
UK Regulatory
TIDMBREE
RNS Number : 2538E
Breedon Group PLC
16 October 2018
16 October 2018
BREEDON GROUP plc
("Breedon" or the "Company")
Grant of SAYE Options and PDMR Dealings
The Company has granted options to the following Persons
Discharging Managerial Responsibilities ("PDMRs") under the Breedon
Group Irish Savings-Related Share Option Scheme (the "SAYE
Scheme").
Under the terms of the SAYE Scheme, Mr Terry Lagan, Managing
Director, Lagan, is committed to making contributions over a
three-year period. As at 1 December 2021 these accumulated funds
can then be withdrawn from the SAYE Scheme as cash or used to
exercise options over Ordinary Shares of nil par value in the
Company ('Ordinary Shares') which have been granted at 64.9 pence
per Ordinary Share in accordance with the terms of the SAYE Scheme.
Assuming full participation in the SAYE Scheme, Mr Terry Lagan will
have an option over 24,329 shares in the Company.
Under the terms of the SAYE Scheme, Mr Jude Lagan, Managing
Director, Breedon Cement, is committed to making contributions over
a five-year period. As at 1 December 2023 these accumulated funds
can then be withdrawn from the SAYE Scheme as cash or used to
exercise options over Ordinary Shares which have been granted at
59.4 pence per Ordinary Share in accordance with the terms of the
SAYE Scheme. Assuming full participation in the SAYE Scheme, Mr
Jude Lagan will have an option over 44,303 shares in the
Company.
Enquiries:
Breedon Group plc www.breedongroup.com
Ross McDonald, Group Services Directors 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
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 Terry Lagan
-------------------------------- ---------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status Managing Director - Lagan (PDMR)
-------------------------------- ---------------------------------------
b) Is this an initial notification Initial notification
or an amendment to a
prior 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 Ordinary Shares of no par value
instrument
JE00B2419D89
Identification code
-------------------------------- ---------------------------------------
b) Nature of the transaction Grant of Savings Related Share options
-------------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Option price 64.9
pence 24,329
----------
-------------------------------- ---------------------------------------
d) Aggregated information
(if any)
24,329
- Aggregated volume
Option price 64.9 pence
- Price
-------------------------------- ---------------------------------------
e) Date of transaction 12 October 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 Jude Lagan
-------------------------------- ---------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status Managing Director - Breedon Cement
(PDMR)
-------------------------------- ---------------------------------------
b) Is this an initial notification Initial notification
or an amendment to a
prior 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 Ordinary Shares of no par value
instrument
JE00B2419D89
Identification code
-------------------------------- ---------------------------------------
b) Nature of the transaction Grant of Savings Related Share options
-------------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Option price 59.4
pence 44,303
----------
-------------------------------- ---------------------------------------
d) Aggregated information
(if any)
44,303
- Aggregated volume
Option price 59.4 pence
- Price
-------------------------------- ---------------------------------------
e) Date of transaction 12 October 2018
-------------------------------- ---------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------- ---------------------------------------
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END
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