Breedon Group PLC Holding(s) in Company (4369Y)
04 Mai 2023 - 11:06AM
UK Regulatory
TIDMBREE
RNS Number : 4369Y
Breedon Group PLC
04 May 2023
4 May 2023
BREEDON GROUP plc
("Breedon" or the "Company")
Holdings in the Company
Breedon has been informed by Abicad Holding Limited ("Abicad")
that on 3 May 2023, Abicad agreed to acquire (i) 3,000,000 ordinary
shares of no par value ("Ordinary Shares") in the issued share
capital of Breedon at a price of 67.70 pence per Ordinary Share and
(ii) 13,779,042 Ordinary Shares at a price of 68.00 pence per
Ordinary Share (together, the "Transactions"). In aggregate, Abicad
agreed to acquire 16,779,042 Ordinary Shares at a weighted average
price of 67.95 pence per Ordinary Share. On settlement of the
Transactions (expected on 5 May 2023), Abicad will hold 211,774,471
Ordinary Shares, equivalent to 12.50% of Breedon's total issued
share capital.
As at today there are 1,694,428,520 Ordinary Shares in issue,
none of which are held in treasury. This figure may be used by
shareholders as the denominator for the calculation by which they
will determine if they are required to notify their interest in, or
a change in their interest in, the share capital of the
Company.
Enquiries:
Breedon Group plc www.breedongroup.com
James Atherton-Ham, Group General Counsel 01332 694010
Numis Securities (NOMAD and Joint Broker) 020 7260 1000
Ben Stoop
Oliver Hardy (NOMAD)
HSBC (Joint Broker) 020 7991 8888
Sam McLennan
Joe Weaving
MHP (Public Relations Adviser) 020 3128 8613
Reg Hoare
Rachel Farrington
Charles Hirst
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END
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