Breedon shares with employees

UK-based Bardon Aggregates has announced that it has allocated 500 shares to each of its 673 employees at a value of 15.25p per share. According to Breedon chairman Peter Tom, the company issued to shares to give employees an added interest and confidence in the business since the reverse takeover by Marwyn Materials earlier this year. An application has been made to AIM to admit the new shares for trading and admission is expected on 16 November. Completion of the deal will give the company 554,003,167 sha
March 29, 2012 Read time: 1 min

UK-based 3734 Bardon Aggregates has announced that it has allocated 500 shares to each of its 673 employees at a value of 15.25p per share. According to 894 Breedon chairman Peter Tom, the company issued to shares to give employees an added interest and confidence in the business since the reverse takeover by 899 Marwyn Materials earlier this year.

An application has been made to AIM to admit the new shares for trading and admission is expected on 16 November. Completion of the deal will give the company 554,003,167 shares.

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April 11, 2012

Breedon plans share placing to fund acquisitions

Breedon Aggregates, the UK’s largest independent aggregates business, has announced plans to raise approximately £15 million (approximately €18 million) to fund future acquisitions.

It has unveiled a conditional placing of 83,333,335 ordinary shares of no par value (the Placing Shares) with new and existing institutional investors and directors, to raise the money before expenses (the Placing).

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