Breedon shares with employees

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.