Last checked at 19 Oct 2023 13:00
Costain Group PLC
19 October 2023
GRANT OF OPTIONS TO PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR")
Costain Group PLC ('the Company') announces that options to subscribe for a total of 4,952,787 ordinary shares with a nominal value of 50 pence each in the capital of the Company have been granted today, 19 October 2023, to eligible employees, including the following Executive Directors (each being a PDMR), under the Costain Group PLC Sharesave Plan:
Name of Executive Director | Date Option Granted | Period During Which Option May be Exercised | Subscription Price on Exercise of Option* | Max No. of Shares Under Option |
Alex Vaughan | 19 October 2023 | 01 December 2026 - 31 May 2027 | 50p | 6,974 |
Helen Willis | 19 October 2023 | 01 December 2026 - 31 May 2027 | 50p | 6,974 |
* The exercise price was set in accordance with HM Revenue & Customs rules.
The Notification of Dealing Forms set out below are 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 | ALEX VAUGHAN | |||||
2. | Reason for the notification | ||||||
a) | Position /status | CHIEF EXECUTIVE OFFICER - PDMR | |||||
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 | GRANT OF 6,974 OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN (SUBSCRIPTION PRICE ON EXERCISE OF OPTION: 50p) | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A | |||||
e) | Date of the transaction | 19 OCTOBER 2023 | |||||
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 | HELEN WILLIS | |||||
2. | Reason for the notification | ||||||
a) | Position /status | CHIEF FINANCIAL OFFICER - PDMR | |||||
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 | GRANT OF 6,974 OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN (SUBSCRIPTION PRICE ON EXERCISE OF OPTION: 50p) | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A | |||||
e) | Date of the transaction | 19 OCTOBER 2023 | |||||
f) | Place of the transaction | OUTSIDE A TRADING VENUE | |||||
Investors and analysts Paul Sharma, Costain | paul.sharma@costain.com +44 (0) 7867 501188
|
Financial media - Headland | costain@headlandconsultancy.com |
Andy Rivett-Carnac | +44 (0) 7968 997 365 |
Charlie Twigg | +44 (0) 7946 494 568 |