BREEDON GROUP PLC has announced that on 25 April 2024, the Chief Executive Officer, Rob Wood, and the Chief Financial Officer, James Brotherton, were each granted conditional awards under the Company's Performance Share Plan (PSP awards) in respect of the three-year performance period (2024 to 2026). The awards are to acquire a specific number of ordinary shares in the Company, subject to certain performance conditions. The PSP awards will normally vest on 25 April 2027, subject to continued employment and the satisfaction of the performance conditions. Additionally, any resulting shares will be subject to a further holding period of two years from the date of vesting.

The performance conditions for the PSP awards include measures such as the Company's fully diluted underlying EPS for 2026, the Company's TSR ranking relative to constituents of the FTSE 250 Index, and sustainability targets related to the reduction of Core Carbon Intensity. The notification also includes details of the nature of the transaction, the date of the transaction, and the place of the transaction for each PDMR.

This notification is made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation. Enquiries can be directed to Breedon Group plc for further information.

In summary, the announcement outlines the conditional awards granted to the Chief Executive Officer and the Chief Financial Officer under the Company's Performance Share Plan, detailing the performance conditions and the nature of the transactions.