21 December 2020
KIER GROUP PLC
Notification of transactions by persons discharging managerial responsibilities
Grant of Awards under the Kier Group plc 2020 Long-Term Incentive Plan
Kier Group plc (the "Company") announces that, on 18 December 2020, 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 and persons discharging managerial responsibilities under the Kier Group plc 2020 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 18 December 2023.
Name |
Awards (shares) |
Mr Andrew Davies |
987,867 |
Mr Simon Kesterton |
804,406 |
Mr Liam Cummins |
553,639 |
Mr Giuseppe Incutti |
244,252 |
Mr Barry McNicholas |
258,908 |
Mr Mark Pengelly |
293,103 |
Mr Hugh Raven |
308,002 |
Mrs Helen Redfern |
234,482 |
Mr Stuart Togwell |
307,758 |
The price used for the purpose of calculating these awards was 78.3 pence, being the closing middle market quotation of a share in the capital of the Company on 17 December 2020. Details of the performance conditions relating to the awards will be set out in the Company's 2021 Annual Report.
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:
Phil Higgins
Deputy Company Secretary
Phil.Higgins@kier.co.uk
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||||
a) |
Name |
Andrew Davies |
|||||
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 2020 Long-Term Incentive Plan for nil consideration. |
|||||
c) |
Price(s) and volume(s) |
|
|||||
d) |
Aggregated information - Aggregated volume - Price |
987,867 shares Nil
|
|||||
e) |
Date of the transaction |
2020-12-18 |
|||||
f) |
Place of the transaction
|
Outside a trading venue |
|||||
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||||
a) |
Name |
Simon Kesterton |
|||||
2 |
Reason for the notification |
||||||
a) |
Position / status |
Chief Financial 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 2020 Long-Term Incentive Plan for nil consideration. |
|||||
c) |
Price(s) and volume(s) |
|
|||||
d) |
Aggregated information - Aggregated volume - Price |
804,406 shares Nil
|
|||||
e) |
Date of the transaction |
2020-12-18 |
|||||
f) |
Place of the transaction
|
Outside a trading venue |
|||||
Details of the person discharging managerial responsibilities / person closely associated |
||||||
Name |
Liam Cummins |
|||||
Reason for the notification |
||||||
Position / status |
PDMR |
|||||
Initial notification / Amendment |
Initial notification |
|||||
Details of issuer |
||||||
Name |
Kier Group plc |
|||||
LEI |
2138002RKCU2OM4Y7O48 |
|||||
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 |
||||||
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares in Kier Group plc
GB0004915632 |
|||||
Nature of the transaction
|
Award of contingent rights to receive shares under the Kier Group plc 2020 Long-Term Incentive Plan for nil consideration. |
|||||
Price(s) and volume(s) |
|
|||||
Aggregated information - Aggregated volume - Price |
553,639 shares Nil
|
|||||
Date of the transaction |
2020-12-18 |
|||||
Place of the transaction
|
Outside a trading venue |
|||||
Details of the person discharging managerial responsibilities / person closely associated |
||||||
Name |
Giuseppe Incutti |
|||||
Reason for the notification |
||||||
Position / status |
PDMR |
|||||
Initial notification / Amendment |
Initial notification |
|||||
Details of issuer |
||||||
Name |
Kier Group plc |
|||||
LEI |
2138002RKCU2OM4Y7O48 |
|||||
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 |
||||||
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares in Kier Group plc
GB0004915632 |
|||||
Nature of the transaction
|
Award of contingent rights to receive shares under the Kier Group plc 2020 Long-Term Incentive Plan for nil consideration. |
|||||
Price(s) and volume(s) |
|
|||||
Aggregated information - Aggregated volume - Price |
244,252 shares Nil
|
|||||
Date of the transaction |
2020-12-18 |
|||||
Place of the transaction
|
Outside a trading venue |
|||||
Details of the person discharging managerial responsibilities / person closely associated |
||||||
Name |
Barry McNicholas |
|||||
Reason for the notification |
||||||
Position / status |
PDMR |
|||||
Initial notification / Amendment |
Initial notification |
|||||
Details of issuer |
||||||
Name |
Kier Group plc |
|||||
LEI |
2138002RKCU2OM4Y7O48 |
|||||
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 |
||||||
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares in Kier Group plc
GB0004915632 |
|||||
Nature of the transaction
|
Award of contingent rights to receive shares under the Kier Group plc 2020 Long-Term Incentive Plan for nil consideration. |
|||||
Price(s) and volume(s) |
|
|||||
Aggregated information - Aggregated volume - Price |
258,908 shares Nil
|
|||||
Date of the transaction |
2020-12-18 |
|||||
Place of the transaction
|
Outside a trading venue |
|||||
Details of the person discharging managerial responsibilities / person closely associated |
||||||
Name |
Mark Pengelly |
|||||
Reason for the notification |
||||||
Position / status |
PDMR |
|||||
Initial notification / Amendment |
Initial notification |
|||||
Details of issuer |
||||||
Name |
Kier Group plc |
|||||
LEI |
2138002RKCU2OM4Y7O48 |
|||||
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 |
||||||
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares in Kier Group plc
GB0004915632 |
|||||
Nature of the transaction
|
Award of contingent rights to receive shares under the Kier Group plc 2020 Long-Term Incentive Plan for nil consideration. |
|||||
Price(s) and volume(s) |
|
|||||
Aggregated information - Aggregated volume - Price |
293,103 shares Nil
|
|||||
Date of the transaction |
2020-12-18 |
|||||
Place of the transaction
|
Outside a trading venue |
|||||
Details of the person discharging managerial responsibilities / person closely associated |
||||||
Name |
Hugh Raven |
|||||
Reason for the notification |
||||||
Position / status |
PDMR |
|||||
Initial notification / Amendment |
Initial notification |
|||||
Details of issuer |
||||||
Name |
Kier Group plc |
|||||
LEI |
2138002RKCU2OM4Y7O48 |
|||||
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 |
||||||
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares in Kier Group plc
GB0004915632 |
|||||
Nature of the transaction
|
Award of contingent rights to receive shares under the Kier Group plc 2020 Long-Term Incentive Plan for nil consideration. |
|||||
Price(s) and volume(s) |
|
|||||
Aggregated information - Aggregated volume - Price |
308,002 shares Nil
|
|||||
Date of the transaction |
2020-12-18 |
|||||
Place of the transaction
|
Outside a trading venue |
|||||
Details of the person discharging managerial responsibilities / person closely associated |
||||||
Name |
Helen Redfern |
|||||
Reason for the notification |
||||||
Position / status |
PDMR |
|||||
Initial notification / Amendment |
Initial notification |
|||||
Details of issuer |
||||||
Name |
Kier Group plc |
|||||
LEI |
2138002RKCU2OM4Y7O48 |
|||||
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 |
||||||
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares in Kier Group plc
GB0004915632 |
|||||
Nature of the transaction
|
Award of contingent rights to receive shares under the Kier Group plc 2020 Long-Term Incentive Plan for nil consideration. |
|||||
Price(s) and volume(s) |
|
|||||
Aggregated information - Aggregated volume - Price |
234,482 shares Nil
|
|||||
Date of the transaction |
2020-12-18 |
|||||
Place of the transaction
|
Outside a trading venue |
|||||
Details of the person discharging managerial responsibilities / person closely associated |
||||||
Name |
Stuart Togwell |
|||||
Reason for the notification |
||||||
Position / status |
PDMR |
|||||
Initial notification / Amendment |
Initial notification |
|||||
Details of issuer |
||||||
Name |
Kier Group plc |
|||||
LEI |
2138002RKCU2OM4Y7O48 |
|||||
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 |
||||||
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares in Kier Group plc
GB0004915632 |
|||||
Nature of the transaction
|
Award of contingent rights to receive shares under the Kier Group plc 2020 Long-Term Incentive Plan for nil consideration. |
|||||
Price(s) and volume(s) |
|
|||||
Aggregated information - Aggregated volume - Price |
307,758 shares Nil
|
|||||
Date of the transaction |
2020-12-18 |
|||||
Place of the transaction
|
Outside a trading venue |
|||||