Director/PDMR Shareholding

Kier Group PLC

19 December 2023

 

19 DECEMBER 2023

KIER GROUP PLC

Notification of transactions by persons discharging managerial responsibilities

Kier Group plc (the "Company") announces that on 18 December 2023, the persons discharging managerial responsibilities ("PDMRs") referred to below were allocated ordinary shares of 1 pence each in the capital of the Company ("Shares"), as a result of the vesting of awards made to them in December 2020 under the Kier Group plc 2020 Long-Term Incentive Plan (the "LTIP Vesting").

The numbers of Shares referred to below represent the vested Shares allocated to each PDMR following deductions for income tax and national insurance contributions due on the release of the Shares.

PDMR	Number of Shares allocated under LTIP Vesting on 18 December 2023
Mr A O B Davies1	332,344
Mr S J Kesterton1	270,623
Ms A Amar	55,219
Mr A W Bradshaw	46,403
Ms L Finlay	52,590
Mr G Incutti	82,172
Mr M R Pengelly	98,606
Mr L P Thomas	88,024
Ms S Timms	22,342
Mr S J Togwell	103,537

¹ Following the acquisition of these Shares, Mr Davies and Mr Kesterton will own 1,528,582 and 1,098,872 Shares, representing 0.34% and 0.25% of the Company's issued share capital, respectively.

For tax purposes, the market value of a Share for the LTIP Vesting was £1.05, being the closing price of a Share on 15 December 2023. No consideration was paid for the acquisition of these Shares. The Shares acquired by Mr Davies and Mr Kesterton under the LTIP Vesting are subject to a two-year post-vesting holding period. The LTIP Vesting was subject to the satisfaction of certain performance criteria over a three-year performance period which ran from 1 July 2020 to 30 June 2023.

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

For enquiries please contact:

Jaime Tham

Company Secretary

07801 975672

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	Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 18 December 2020 for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 332,344
d)	Aggregated information -  Aggregated volume -  Price	332,344 shares Nil
e)	Date and time of the transaction	2023-12-18
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	Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 18 December 2020 for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 270,623
d)	Aggregated information -  Aggregated volume -  Price	270,623 shares Nil
e)	Date of the transaction	2023-12-18
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Alpna Amar
2	Reason for the notification
a)	Position / status		Corporate Development 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	Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 18 December 2020 for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 55,219
d)	Aggregated information -  Aggregated volume -  Price	55,219 shares Nil
e)	Date of the transaction	2023-12-18
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Bradshaw
2	Reason for the notification
a)	Position / status	Group Managing Director - Natural Resources, Nuclear & Networks
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	Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 18 December 2020 for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 46,403
d)	Aggregated information -  Aggregated volume -  Price	46,403 shares Nil
e)	Date and time of the transaction	2023-12-18
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Louisa Finlay
2	Reason for the notification
a)	Position / status		Chief People 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	Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 18 December 2020 for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 52,590
d)	Aggregated information -  Aggregated volume -  Price	52,590 shares Nil
e)	Date of the transaction	2023-12-18
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Giuseppe Incutti
2	Reason for the notification
a)	Position / status		Group Managing Director - Transportation
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	Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 18 December 2020 for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 82,172
d)	Aggregated information -  Aggregated volume -  Price	82,172 shares Nil
e)	Date of the transaction	2023-12-18
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Mark Pengelly
2	Reason for the notification
a)	Position / status		Managing Director - EKFB
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	Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 18 December 2020 for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 98,606
d)	Aggregated information -  Aggregated volume -  Price	98,606 shares Nil
e)	Date of the transaction	2023-12-18
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Leigh Thomas
2	Reason for the notification
a)	Position / status		Group Managing Director - Property
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	Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 18 December 2020 for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 88,024
d)	Aggregated information -  Aggregated volume -  Price	88,024 shares Nil
e)	Date of the transaction	2023-12-18
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Sophie Timms
2	Reason for the notification
a)	Position / status		Corporate Affairs 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	Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 18 December 2020 for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 22,342
d)	Aggregated information -  Aggregated volume -  Price	22,342 shares Nil
e)	Date and time of the transaction	2023-12-18
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Stuart Togwell
2	Reason for the notification
a)	Position / status		Group Managing Director - Construction
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	Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 18 December 2020 for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 103,537
d)	Aggregated information -  Aggregated volume -  Price	103,537 shares Nil
e)	Date of the transaction	2023-12-18
f)	Place of the transaction	Outside a trading venue

 

END