Last checked at 1 Nov 2022 16:42
Costain Group PLC
(the "Company")
MARKET PURCHASE BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR")
On 23 September 2019 Alex Vaughan, chief executive officer, was granted an option over 1,485 shares (as adjusted for the capital raising completed May 2020) under the Costain Group PLC Sharesave Plan. At maturity on 1 November 2022, Mr Vaughan elected to purchase shares in the market with the proceeds of his three-year savings contract as part of a share purchase programme offered to all participants with maturing options in the 2019 Sharesave Plan. This arrangement was made available as the option price to subscribe for shares for the 2019 Sharesave Plan was £1.114 per share (as adjusted for the capital raising).
Accordingly, the Company announces that Alex Vaughan purchased 4,534 shares on 1 November 2022 at a price of £0.359 per share. Following the purchase, Mr Vaughan has a shareholding of 252,239 shares in Costain Group PLC
The Notification of Dealing Form set out below is provided in accordance with the requirements of the relevant Market Abuse Regulation.
Notification of Dealing Form
1. | Details of the Person Discharging Managerial Responsibility ("PDMR") / person closely associated with them ("PCA") | ||||||
a) | Name | ALEXANDER JOHN VAUGHAN | |||||
2. | Reason for the notification | ||||||
a) | Position /status | CHIEF EXECUTIVE OFFICER | |||||
b) | Initial notification / amendment | INITIAL NOTIFICATION | |||||
3. | Details of the Issuer | ||||||
a) | Name | COSTAIN GROUP PLC | |||||
b) | LEI code | 213800PKIJBZ2EDTKC88 | |||||
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 | PURCHASE OF 4,534 SHARES
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
N/A | |||||
e) | Date of the transaction | 01 NOVEMBER 2022 | |||||
f) | Place of the transaction | LONDON STOCK EXCHANGE
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1 November 2022
Enquiries
Investors and analysts paul.sharma@costain.com
Paul Sharma, Costain +44 7867 501188
Financial media - Headland costain@headlandconsultancy.com
Andy Rivett-Carnac +44 7968 997 365