Last checked at 4 Nov 2016 13:48
Costain Group PLC
(the "Company")
COSTAIN GROUP PLC SHARESAVE PLAN -
EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SHARES
BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR")
The Company announces that options to subscribe for ordinary shares with a nominal value of 50 pence each in the capital of the Company (the "Shares"), granted to eligible employees on 30 September 2013 under the Costain Group PLC employee Sharesave Plan, matured with effect from 01 November 2016 and that the following Executive Directors (each being a PDMR) have exercised their options as shown in the table below.
Each Executive Director has given instructions to sell all of the 1,689 Shares received following the exercise of his Options and these were sold between 01 November 2016 and 04 November 2016 as detailed below.
Name of Executive Director (PDMR) | Maximum number of Shares held under Option*
| Subscription Price on Exercise of Option** (determined at time of offer) | Date Option Matured | Number of Options Exercised | Date Shares Allotted following Exercise of Option | Number of Shares Sold between 01 and 04 November 2016
| Total holding of Shares by PDMR (following exercise of Option and sale of Shares)
|
Andrew Wyllie
|
1,689 |
206.55p |
01 November 2016
|
1,689 |
01 November 2016 |
1,689 |
406,508 |
Anthony Bickerstaff
|
1,689 |
206.55p |
01 November 2016
|
1,689 |
01 November 2016 |
1,689 |
224,826 |
* adjusted from 1,572 following a capital raising by the Company in March 2014
* * adjusted from 222p following a capital raising by the Company in March 2014
The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
Notification of Dealing Form
1. | Details of the Person Discharging Managerial Responsibility ("PDMR") / person closely associated with them ("PCA") | ||||||
a) | Name | ANDREW WYLLIE | |||||
2. | Reason for the notification | ||||||
a) | Position /status | CHIEF EXECUTIVE | |||||
b) | Initial notification / amendment | INITIAL NOTIFICATION | |||||
3. | Details of the Issuer | ||||||
a) | Name | COSTAIN GROUP PLC | |||||
b) | LEI code | N/A | |||||
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 OF 50 PENCE EACH
ISIN: GB00B64NSP76 | |||||
b) | Nature of the transaction | EXERCISE OF 1,689 OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN (SUBSCRIPTION PRICE ON EXERCISE OF OPTION: £2.0655) | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
N/A | |||||
e) | Date of the transaction |
01 NOVEMBER 2016 | |||||
f) | Place of the transaction |
OUTSIDE A TRADING VENUE | |||||
Notification of Dealing Form
1. | Details of the Person Discharging Managerial Responsibility ("PDMR") / person closely associated with them ("PCA") | ||||||
a) | Name | ANDREW WYLLIE | |||||
2. | Reason for the notification | ||||||
a) | Position /status | CHIEF EXECUTIVE | |||||
b) | Initial notification / amendment | INITIAL NOTIFICATION | |||||
3. | Details of the Issuer | ||||||
a) | Name | COSTAIN GROUP PLC | |||||
b) | LEI code | N/A | |||||
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 OF 50 PENCE EACH
ISIN: GB00B64NSP76 | |||||
b) | Nature of the transaction | SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
N/A | |||||
e) | Date of the transaction |
01 NOVEMBER 2016 | |||||
f) | Place of the transaction |
LONDON STOCK EXCHANGE | |||||
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 OF 50 PENCE EACH
ISIN: GB00B64NSP76 | |||||
b) | Nature of the transaction | SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
N/A | |||||
e) | Date of the transaction |
02 NOVEMBER 2016 | |||||
f) | Place of the transaction |
LONDON STOCK EXCHANGE | |||||
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 OF 50 PENCE EACH
ISIN: GB00B64NSP76 | |||||
b) | Nature of the transaction | SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
N/A | |||||
e) | Date of the transaction |
03 NOVEMBER 2016 | |||||
f) | Place of the transaction |
LONDON STOCK EXCHANGE | |||||
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 OF 50 PENCE EACH
ISIN: GB00B64NSP76 | |||||
b) | Nature of the transaction | SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
N/A | |||||
e) | Date of the transaction |
04 NOVEMBER 2016 | |||||
f) | Place of the transaction |
LONDON STOCK EXCHANGE | |||||
Notification of Dealing Form
1. | Details of the Person Discharging Managerial Responsibility ("PDMR") / person closely associated with them ("PCA") | ||||||
a) | Name | ANTHONY OLIVER BICKERSTAFF | |||||
2. | Reason for the notification | ||||||
a) | Position /status | GROUP FINANCE DIRECTOR | |||||
b) | Initial notification / amendment | INITIAL NOTIFICATION | |||||
3. | Details of the Issuer | ||||||
a) | Name | COSTAIN GROUP PLC | |||||
b) | LEI code | N/A | |||||
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 OF 50 PENCE EACH
ISIN: GB00B64NSP76 | |||||
b) | Nature of the transaction | EXERCISE OF 1,689 OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN (SUBSCRIPTION PRICE ON EXERCISE OF OPTION: £2.0655) | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
N/A | |||||
e) | Date of the transaction |
01 NOVEMBER 2016 | |||||
f) | Place of the transaction |
OUTSIDE A TRADING VENUE | |||||
Notification of Dealing Form
1. | Details of the Person Discharging Managerial Responsibility ("PDMR") / person closely associated with them ("PCA") | ||||||
a) | Name | ANTHONY BICKERSTAFF | |||||
2. | Reason for the notification | ||||||
a) | Position /status | GROUP FINANCE DIRECTOR | |||||
b) | Initial notification / amendment | INITIAL NOTIFICATION | |||||
3. | Details of the Issuer | ||||||
a) | Name | COSTAIN GROUP PLC | |||||
b) | LEI code | N/A | |||||
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 OF 50 PENCE EACH
ISIN: GB00B64NSP76 | |||||
b) | Nature of the transaction | SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
N/A | |||||
e) | Date of the transaction |
01 NOVEMBER | |||||
f) | Place of the transaction |
LONDON STOCK EXCHANGE | |||||
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 OF 50 PENCE EACH
ISIN: GB00B64NSP76 | |||||
b) | Nature of the transaction | SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
N/A | |||||
e) | Date of the transaction |
02 NOVEMBER | |||||
f) | Place of the transaction |
LONDON STOCK EXCHANGE | |||||
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 OF 50 PENCE EACH
ISIN: GB00B64NSP76 | |||||
b) | Nature of the transaction | SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
N/A | |||||
e) | Date of the transaction |
03 NOVEMBER | |||||
f) | Place of the transaction |
LONDON STOCK EXCHANGE | |||||
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 OF 50 PENCE EACH
ISIN: GB00B64NSP76 | |||||
b) | Nature of the transaction | SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
N/A | |||||
e) | Date of the transaction |
04 NOVEMBER 2016 | |||||
f) | Place of the transaction |
LONDON STOCK EXCHANGE | |||||
04 November 2016
Enquiries:
Costain Group PLC Tel: 01628 842444Tracey Wood
Company Secretary
Instinctif Partners | Tel: 020 7457 2020 |
Mark Garraway Helen Tarbet James Gray |
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