Director/PDMR Shareholding

RNS Number : 7941A

Kier Group PLC

30 September 2015

 

KIER GROUP PLC

DIRECTOR/PDMR SHAREHOLDINGS

Kier Group plc (the "Company") today announces the following changes in the interests of directors and persons discharging managerial responsibilities ("PDMRs") which were notified to it on 29 September 2015:

Release of deferred shares

Beneficial interests in the following numbers of shares were allocated in connection with the Company's bonus arrangements for the financial year ended 30 June 2012.  Prior to their release, legal title to the shares was held on trust by the Kier Group 1999 Employee Benefit Trust (the "Trustee").

Name	Number of shares released
Nigel Brook	374
Haydn Mursell	2,757
Paul Pethica (PDMR)	374
Hugh Raven (PDMR)	745
Nigel Turner	771
Claudio Veritiero	523

These shares were released to the relevant individuals on 29 September 2015.

Award of deferred shares

On 29 September 2015, beneficial interests in the following numbers of shares were allocated in connection with the Company's bonus arrangements for the financial year ended 30 June 2015. 

The Trustee will hold the shares on trust for such individuals until 29 September 2018 (subject to the rules of the bonus arrangements).  The price at which the beneficial interests in the shares were allocated was £13.64 per share.

Name	Number of shares awarded
David Benson (PDMR)	1,420
Nigel Brook	2,337
Bev Dew	2,231
Haydn Mursell	6,011
Paul Pethica (PDMR)	1,276
Hugh Raven (PDMR)	1,595
Nigel Turner	3,141
Claudio Veritiero	2,790

Following these transactions, the total beneficial interests in the share capital of the Company of such individuals (together with their connected persons, where relevant), and the percentage of the issued share capital of the Company represented by their interests, are:

Mr D Benson (PDMR)	3,754 shares	0.004%
Mr N P Brook	13,355 shares	0.014%
Mr B E J Dew	3,055 shares	0.003%
Mr H J Mursell	42,195 shares	0.044%
Mr P J Pethica (PDMR)	8,327 shares	0.009%
Mr H E E Raven (PDMR)	10,627 shares	0.011%
Mr N A Turner	28,259 shares	0.030%
Mr C Veritiero	11,059 shares	0.012%

This notification is made in accordance with DTR 3.1.4R(1)(a) of the Disclosure and Transparency Rules.

For enquiries, please contact:

Beth Melges

Deputy Company Secretary

Tel: [phone]

 

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