3 December 2013
Kier Group plc
(the "Company")
DIRECTORS/PDMR SHARE TRANSACTIONS
Yesterday, the Company was informed that, on 27 November 2013 and in connection with the Company's scrip dividend alternative, the trustee of the Kier Group All Employee Share Ownership Plan acquired ordinary shares in the Company at a price of £17.55 per share for certain directors and a person discharging managerial responsibilities ("PDMR"), as follows:
Mr S Bowcott |
37 shares |
Mr H J Mursell |
13 shares |
Mr H E E Raven (PDMR) |
15 shares |
Additionally, the Company was informed that the trustee of the Kier Group 1999 Employee Benefit Trust elected to take-up the scrip dividend alternative in relation to the shares held by the trustee on behalf of the individuals listed below under the Company's deferred shares bonus arrangements, resulting in the following directors and PDMR being allocated the following numbers of shares:
Mr S Bowcott |
130 shares |
Mr H J Mursell |
122 shares |
Mr M P Sheffield |
181 shares |
Mr H E E Raven (PDMR) |
20 shares |
The price per share for the purposes of calculating these allocations was £16.60.
The scrip dividend alternative relates to the final dividend for the financial year ended 30 June 2013, which was approved by shareholders at the Company's annual general meeting on 14 November 2013.
Following these transactions, the total beneficial interests of, and the percentages of the issued share capital of the Company owned by, such individuals (and, where applicable, persons connected to such persons) were:
Mr S Bowcott |
18,322 shares |
0.03% |
Mr H J Mursell |
16,874 shares |
0.03% |
Mr M P Sheffield |
74,205 shares |
0.14% |
Mr H E E Raven (PDMR) |
2,704 shares |
0.005% |
For enquiries, please contact:
Deborah Hamilton
Deputy Company Secretary
Kier Group plc
Tempsford Hall
Sandy
Bedfordshire
SG19 2BD
Tel: +44 (0)1767 640 111