Last checked at 22 Oct 2018 15:23
22 OCTOBER 2018
KIER GROUP PLC
Notification of transactions by persons discharging managerial responsibilities
Grant of Awards under the Kier Group plc Long-Term Incentive Plan
Kier Group plc (the "Company") announces that today, 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 under the Kier Group plc 2010 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 22 October 2021.
Name | Shares |
Mr B E J Dew | 67,324 |
Mr H J Mursell | 103,910 |
Mr C Veritiero | 67,324 |
The price used for the purpose of calculating these awards was £8.95, being the middle market quotation of a share in the capital of the Company on 19 October 2018.
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:
Beth Melges
Deputy Company Secretary
Tel: +44(0)1767 640 111
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Bev Dew | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Group Finance 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
| Award of contingent rights to receive shares under the Kier Group plc 2010 Long-Term Incentive Plan for nil consideration. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
67,324 shares Nil
| |||||
e) | Date and time of the transaction | 2018-10-22 | |||||
f) | Place of the transaction
| Outside a trading venue | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Haydn Mursell | |||||
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 2010 Long-Term Incentive Plan for nil consideration. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
103,910 shares Nil
| |||||
e) | Date and time of the transaction | 2018-10-22 | |||||
f) | Place of the transaction
| Outside a trading venue | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Claudio Veritiero | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Chief Operating 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 2010 Long-Term Incentive Plan for nil consideration. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
67,324 shares Nil
| |||||
e) | Date and time of the transaction | 2018-10-22 | |||||
f) | Place of the transaction
| Outside a trading venue | |||||