10 March 2023
BREEDON GROUP plc
("Breedon" or the "Company")
Holdings in the Company
Breedon has been informed by Abicad Holding Limited ("Abicad") that on 10 March 2023, Abicad published the results of a reverse accelerated bookbuild (the "RABB"), pursuant to which it will acquire 5,299,537 ordinary shares of no par value ("Ordinary Shares") in the issued share capital of Breedon at a price of 75 pence per Ordinary Share. On settlement of the RABB (expected on 14 March 2023), Abicad will hold 170,258,639 Ordinary Shares, equivalent to 10.05% of Breedon's total issued share capital.
As at today there are 1,694,399,580 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.
Breedon Group plc www.breedongroup.com
James Atherton-Ham, Group General Counsel 01332 694010
Numis Securities (NOMAD and Joint Broker) 020 7260 1000
Oliver Hardy (NOMAD)
HSBC (Joint Broker) 020 7991 8888
MHP (Public Relations Adviser) 020 3128 8613