Breedon Group Announces Director Share Transactions
Why we think this is neutral
The RNS announcement is related to director share transactions, which is not a mandatory news type that requires detailed analysis. The information provided is routine in nature and does not indicate any significant positive or negative developments for the company.
Key Points
- CEO Rob Wood acquired 137,295 shares, selling 64,529 to cover tax liabilities
- CFO James Brotherton acquired 92,868 shares, selling 43,648 to cover tax liabilities
- Shares acquired are subject to a two-year post-vesting holding period
Summary
The building materials company has announced details of shares acquired and sold by its CEO and CFO under a long-term incentive plan.
Breedon Group plc has announced that on 11 April 2025, participants of the company's Performance Share Plan (PSP) were allotted a total of 494,854 ordinary shares. The CEO, Rob Wood, acquired 137,295 shares, of which 64,529 were sold to cover tax liabilities, leaving him with a net 72,766 shares. The CFO, James Brotherton, acquired 92,868 shares, of which 43,648 were sold to cover tax liabilities, leaving him with a net 49,220 shares.
DIRECTOR DEALINGS