6th Apr 2016 15:33
6 April 2016
BREEDON AGGREGATES LIMITED
(the "Company")
Directors' Dealings
Grant of SAYE Options
The Company has today been notified that Pat Ward, a director of the Company, is intending to participate in the Breedon Aggregates Savings Related Share Option Scheme (the "SAYE Scheme"). Under the terms of the SAYE Scheme, Mr Ward is committed to contributing £500 per month, over a three year period. As at 1 May 2019 the accumulated funds can then be withdrawn from the SAYE Scheme as cash or used to exercise options over the Company's ordinary shares which have been granted at 59.94 pence per ordinary share in accordance with the terms of the SAYE Scheme. Assuming full participation in the SAYE Scheme, Mr Ward would have an option over 30,030 shares in the Company.
As at today's date Mr Ward holds no ordinary shares in the Company.
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For further information:
Breedon Aggregates Limited
Peter Tom CBE, Chairman
Pat Ward, Group Chief Executive
Rob Wood, Group Finance Director 01332 694010
Stephen Jacobs, Head of Communications 07831 764592
Cenkos Securities plc (NOMAD & Joint Broker)
Max Hartley 020 7397 8900
Peel Hunt (Joint Broker)
Justin Jones / Mike Bell 020 7418 8900
Related Shares:
Breedon