LEI: 213800DQGNQE3X76WS92
29 August 2025
BREEDON GROUP plc
(the Company)
Notification of transactions by Directors/Persons Discharging Managerial Responsibilities (PDMR) and Persons Closely Associated with them (PCA)
The Company has been notified that:
1. on 26 August 2025, Abicad Holding Limited (Abicad), a PCA of Amit Bhatia, Non-executive Chair of Breedon Group plc (Company) and PDMR, has acquired 150,000 ordinary shares of £0.01 each in the Company (Shares) at the price of 392.745 pence per Share upon the exercise of the first tranche of the option agreements entered into on 27 November 2024 (and notified to the market on 2 December 2024) (the Option Agreements); and
2. on 27 August 2025, Abicad acquired a further 150,000 Shares at the price of 392.745 pence per Share upon the exercise of the second tranche of the Option Agreements.
Under the Option Agreements the relevant option tranche is automatically exercised and the relevant Shares are acquired if the closing price of a Breedon ordinary share is below or equal to the relevant exercise price for that tranche on the option expiration date.
Following the exercise of the first two tranches of the Option Agreements, Abicad currently holds 65,854,894 Shares, equating to approximately 19.00% of the Company's total issued share capital (at today's date). If all of the Shares are acquired under the remaining tranches of the Option Agreements and Abicad does not dispose of any of its existing interests in the Shares, Abicad would have an aggregate interest in 67,054,894 Shares, equating to approximately 19.35% of the Company's total issued share capital (at today's date).
The acquisitions of the Shares described above, and any potential future acquisitions represent a continuation of Abicad's previously announced intention to make market purchases of the Shares over time.
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 +44 (0)1332 981215
Louise Turner-Smith, Head of Investor Relations +44 (0)7860 911909
MHP (Public Relations Adviser) +44 (0)7770 753 544
Reg Hoare, Rachel Farrington, Charles Hirst breedon@mhpgroup.com
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 | Abicad Holding Limited, a person closely associated with Amit Bhatia | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Non-executive Director and 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 | Purchase of Ordinary Shares pursuant to an option to acquire shares from a market counterparty | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
| ||||
| e) | Date of transaction | 26 August 2025 | ||||
| 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 | Abicad Holding Limited, a person closely associated with Amit Bhatia | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Non-executive Director and 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 | Purchase of Ordinary Shares pursuant to an option to acquire shares from a market counterparty | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information (if any)
- Aggregated volume
- Price |
| ||||
| e) | Date of transaction | 27 August 2025 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
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