Director/PDMR Shareholding

RNS Number : 8020E
Kier Group PLC
22 October 2018
 

22 OCTOBER 2018

 

KIER GROUP PLC

 

Notification of transactions by persons discharging managerial responsibilities

 

Grant of Awards under the Kier Group plc Long-Term Incentive Plan

 

Kier Group plc (the "Company") announces that today, awards of contingent rights to receive the following maximum numbers of shares in the capital of the Company have been made to the following directors under the Kier Group plc 2010 Long-Term Incentive Plan (the "Plan"). The awards were made at no cost to the individuals and, subject to the satisfaction of the performance targets and the rules of the Plan, will vest on 22 October 2021.

 

Name

Shares

Mr B E J Dew

67,324

Mr H J Mursell

103,910

Mr C Veritiero

67,324

 

The price used for the purpose of calculating these awards was £8.95, being the middle market quotation of a share in the capital of the Company on 19 October 2018. 

 

The following notifications are made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation. The Company's Legal Entity Identifier ("LEI") is 2138002RKCU2OM4Y7O48.

 

For enquiries, please contact:

 

Beth Melges

Deputy Company Secretary

Tel: +44(0)1767 640 111

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name        

Bev Dew

2

Reason for the notification

a)

Position / status

Group Finance Director

b)

Initial notification / Amendment

Initial notification

3

Details of issuer

a)

Name

Kier Group plc

b)

LEI

2138002RKCU2OM4Y7O48

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary shares in Kier Group plc

 

 

GB0004915632

b)

Nature of the transaction

 

Award of contingent rights to receive shares under the Kier Group plc 2010 Long-Term Incentive Plan for nil consideration.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

67,324

d)

Aggregated information

Aggregated volume

Price

 

67,324 shares

Nil

 

e)

Date and time of the transaction

2018-10-22

f)

Place of the transaction

 

Outside a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name        

Haydn Mursell

2

Reason for the notification

a)

Position / status

Chief Executive

b)

Initial notification / Amendment

Initial notification

3

Details of issuer

a)

Name

Kier Group plc

b)

LEI

2138002RKCU2OM4Y7O48

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary shares in Kier Group plc

 

 

GB0004915632

b)

Nature of the transaction

 

Award of contingent rights to receive shares under the Kier Group plc 2010 Long-Term Incentive Plan for nil consideration.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

103,910

d)

Aggregated information

Aggregated volume

Price

 

103,910 shares

Nil

 

e)

Date and time of the transaction

2018-10-22

f)

Place of the transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name        

Claudio Veritiero

2

Reason for the notification

a)

Position / status

Chief Operating Officer

b)

Initial notification / Amendment

Initial notification

3

Details of issuer

a)

Name

Kier Group plc

b)

LEI

2138002RKCU2OM4Y7O48

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary shares in Kier Group plc

 

 

GB0004915632

b)

Nature of the transaction

 

Award of contingent rights to receive shares under the Kier Group plc 2010 Long-Term Incentive Plan for nil consideration.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

67,324

d)

Aggregated information

Aggregated volume

Price

 

67,324 shares

Nil

 

e)

Date and time of the transaction

2018-10-22

f)

Place of the transaction

 

Outside a trading venue

 


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