Breedon Group PLC Closure of sites in Ireland (3019I)

TIDMBREE

RNS Number : 3019I

Breedon Group PLC

01 April 2020

News release

1 April 2020

BREEDON GROUP PLC

Closure of sites in Ireland

Following our announcement on 26 March, in which we confirmed that our operations in the Republic of Ireland (RoI) would continue to operate pending further guidance, the Irish Government introduced restrictions on 27 March requiring all non-essential businesses to close for two weeks from that date.

We have therefore decided temporarily to suspend production at our RoI sites, including our cement plant at Kinnegad, with the exception of those serving health projects and critical road and utility infrastructure. We welcome the Irish Government's Wage Subsidy Scheme, which should ensure that eligible employees continue to receive a proportion of their pay while they are not working.

Our priority remains the health and wellbeing of our colleagues, subcontractors, customers and communities and we will continue to respond as appropriate to guidance from the governments and health authorities of both the UK and Ireland.

We will provide further updates as and when appropriate.

The information contained within this announcement is deemed by the Group to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.

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For further information:

Breedon Group plc 01332 694010

Pat Ward, Group Chief Executive

Rob Wood, Group Finance Director

   Stephen Jacobs, Group Head of Communications                            07831 764592 

Cenkos Securities plc 020 7397 8900

Max Hartley

Numis Securities (joint broker) 020 7260 1000

Heraclis Economides

Ben Stoop

   Teneo (Public relations adviser to Breedon)                                      020 7420 3180 

Matt Denham/Rachel Miller

NOTES TO EDITORS:

Breedon Group plc is a leading vertically-integrated construction materials group in Great Britain and Ireland. It operates two cement plants and an extensive network of quarries, asphalt plants and ready-mixed concrete plants, together with slate production, concrete and clay products manufacturing, contract surfacing and highway maintenance operations. The Group employs nearly 3,000 people and has nearly 900 million tonnes of mineral reserves and resources. Its strategy is to continue growing organically and through the acquisition of businesses in the heavyside construction materials market.

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April 01, 2020 02:00 ET (06:00 GMT)