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24 Oct 2017 16:04
24 OCTOBER 2017
KIER GROUP PLC
Grant of Awards under the Kier Group plc Long-Term Incentive Plan
Kier Group plc (the "Company") announces that it was informed on 23 October 2017 that, also on 23 October 2017, awards of contingent rights to receive the following maximum numbers of shares in the capital of the Company had 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 23 October 2020.
Mr N P Brook | 52,131 shares |
Mr B E J Dew | 55,843 shares |
Mr H J Mursell | 86,190 shares |
Mr N A Turner | 52,131 shares |
Mr C Veritiero | 52,131 shares |
The price used for the purpose of calculating these awards was £10.79, being the middle market quotation of a share in the capital of the Company on 20 October 2017.
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 | Nigel Brook | ||||
2 | Reason for the notification | |||||
a) | Position / status | Executive Director - Construction and Infrastructure Services | ||||
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 |
52,131 shares Nil
| ||||
e) | Date and time of the transaction | 2017-10-23 | ||||
f) | Place of the transaction
| Outside a trading venue | ||||
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 |
55,843 shares Nil
| ||||
e) | Date and time of the transaction | 2017-10-23 | ||||
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 |
86,190 shares Nil
| |||||
e) | Date and time of the transaction | 2017-10-23 | |||||
f) | Place of the transaction
| Outside a trading venue | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Nigel Turner | ||||
2 | Reason for the notification | |||||
a) | Position / status | Executive Director - Developments, Property and Business Services | ||||
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 |
52,131 shares Nil
| ||||
e) | Date and time of the transaction | 2017-10-23 | ||||
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 | Executive Director - Group Strategy & 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
| 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 |
52,131 shares Nil
| ||||
e) | Date and time of the transaction | 2017-10-23 | ||||
f) | Place of the transaction
| Outside a trading venue | ||||
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