Last checked at 29 Oct 2019 11:00
29 OCTOBER 2019
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 on 28 October 2019, 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 and PDMRs 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 28 October 2022.
Name | Awards (shares) |
Mr Andrew Davies | 1,027,633 |
Mr Simon Kesterton | 717,832 |
Mr Claudio Veritiero | 520,336 |
Mr Barry McNicholas | 171,632 |
Mr Mark Pengelly | 194,300 |
Mr Guiseppe Incutti | 99,516 |
Mr Hugh Raven | 204,177 |
Mr Marcus Jones | 178,108 |
Ms Helen Redfern | 139,896 |
Mr Stuart Togwell | 204,015 |
The price used for the purpose of calculating these awards was 115.80 pence, being the closing middle market quotation of a share in the capital of the Company on 25 October 2019.
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:
Phil Higgins
Deputy Company Secretary
Tel: +44(0)1767 640 111
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Andrew Davies | |||||
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 |
1,027,633 shares Nil
| |||||
e) | Date and time of the transaction | 2019-10-28 | |||||
f) | Place of the transaction
| Outside a trading venue | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Simon Kesterton | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Chief Financial 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 |
717,832 shares Nil
| |||||
e) | Date and time of the transaction | 2019-10-28 | |||||
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 |
520,336 Shares Nil
| |||||
e) | Date and time of the transaction | 2019-10-28 | |||||
f) | Place of the transaction
| Outside a trading venue | |||||
Details of the person discharging managerial responsibilities / person closely associated | ||||||
Name | Barry McNicholas | |||||
Reason for the notification | ||||||
Position / status | PDMR | |||||
Initial notification / Amendment | Initial notification | |||||
Details of issuer | ||||||
Name | Kier Group plc | |||||
LEI | 2138002RKCU2OM4Y7O48 | |||||
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 | ||||||
Description of the financial instrument, type of instrument
Identification code | Ordinary shares in Kier Group plc
GB0004915632 | |||||
Nature of the transaction
| Award of contingent rights to receive shares under the Kier Group plc 2010 Long-Term Incentive Plan for nil consideration. | |||||
Price(s) and volume(s) |
| |||||
Aggregated information - Aggregated volume - Price |
171,632 shares Nil
| |||||
Date and time of the transaction | 2019-10-28 | |||||
Place of the transaction
| Outside a trading venue | |||||
Details of the person discharging managerial responsibilities / person closely associated | ||||||
Name | Mark Pengelly | |||||
Reason for the notification | ||||||
Position / status | PDMR | |||||
Initial notification / Amendment | Initial notification | |||||
Details of issuer | ||||||
Name | Kier Group plc | |||||
LEI | 2138002RKCU2OM4Y7O48 | |||||
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 | ||||||
Description of the financial instrument, type of instrument
Identification code | Ordinary shares in Kier Group plc
GB0004915632 | |||||
Nature of the transaction
| Award of contingent rights to receive shares under the Kier Group plc 2010 Long-Term Incentive Plan for nil consideration. | |||||
Price(s) and volume(s) |
| |||||
Aggregated information - Aggregated volume - Price |
194,300 shares Nil
| |||||
Date and time of the transaction | 2019-10-28 | |||||
Place of the transaction
| Outside a trading venue | |||||
Details of the person discharging managerial responsibilities / person closely associated | ||||||
Name | Guiseppe Incutti | |||||
Reason for the notification | ||||||
Position / status | PDMR | |||||
Initial notification / Amendment | Initial notification | |||||
Details of issuer | ||||||
Name | Kier Group plc | |||||
LEI | 2138002RKCU2OM4Y7O48 | |||||
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 | ||||||
Description of the financial instrument, type of instrument
Identification code | Ordinary shares in Kier Group plc
GB0004915632 | |||||
Nature of the transaction
| Award of contingent rights to receive shares under the Kier Group plc 2010 Long-Term Incentive Plan for nil consideration. | |||||
Price(s) and volume(s) |
| |||||
Aggregated information - Aggregated volume - Price |
99,516 shares Nil
| |||||
Date and time of the transaction | 2019-10-28 | |||||
Place of the transaction
| Outside a trading venue | |||||
Details of the person discharging managerial responsibilities / person closely associated | ||||||
Name | Hugh Raven | |||||
Reason for the notification | ||||||
Position / status | PDMR | |||||
Initial notification / Amendment | Initial notification | |||||
Details of issuer | ||||||
Name | Kier Group plc | |||||
LEI | 2138002RKCU2OM4Y7O48 | |||||
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 | ||||||
Description of the financial instrument, type of instrument
Identification code | Ordinary shares in Kier Group plc
GB0004915632 | |||||
Nature of the transaction
| Award of contingent rights to receive shares under the Kier Group plc 2010 Long-Term Incentive Plan for nil consideration. | |||||
Price(s) and volume(s) |
| |||||
Aggregated information - Aggregated volume - Price |
204,177 shares Nil
| |||||
Date and time of the transaction | 2019-10-28 | |||||
Place of the transaction
| Outside a trading venue | |||||
Details of the person discharging managerial responsibilities / person closely associated | ||||||
Name | Marcus Jones | |||||
Reason for the notification | ||||||
Position / status | PDMR | |||||
Initial notification / Amendment | Initial notification | |||||
Details of issuer | ||||||
Name | Kier Group plc | |||||
LEI | 2138002RKCU2OM4Y7O48 | |||||
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 | ||||||
Description of the financial instrument, type of instrument
Identification code | Ordinary shares in Kier Group plc
GB0004915632 | |||||
Nature of the transaction
| Award of contingent rights to receive shares under the Kier Group plc 2010 Long-Term Incentive Plan for nil consideration. | |||||
Price(s) and volume(s) |
| |||||
Aggregated information - Aggregated volume - Price |
178,108 shares Nil
| |||||
Date and time of the transaction | 2019-10-28 | |||||
Place of the transaction
| Outside a trading venue | |||||
Details of the person discharging managerial responsibilities / person closely associated | ||||||
Name | Helen Redfern | |||||
Reason for the notification | ||||||
Position / status | PDMR | |||||
Initial notification / Amendment | Initial notification | |||||
Details of issuer | ||||||
Name | Kier Group plc | |||||
LEI | 2138002RKCU2OM4Y7O48 | |||||
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 | ||||||
Description of the financial instrument, type of instrument
Identification code | Ordinary shares in Kier Group plc
GB0004915632 | |||||
Nature of the transaction
| Award of contingent rights to receive shares under the Kier Group plc 2010 Long-Term Incentive Plan for nil consideration. | |||||
Price(s) and volume(s) |
| |||||
Aggregated information - Aggregated volume - Price |
139,896 shares Nil
| |||||
Date and time of the transaction | 2019-10-28 | |||||
Place of the transaction
| Outside a trading venue | |||||
Details of the person discharging managerial responsibilities / person closely associated | ||||||
Name | Stuart Togwell | |||||
Reason for the notification | ||||||
Position / status | PDMR | |||||
Initial notification / Amendment | Initial notification | |||||
Details of issuer | ||||||
Name | Kier Group plc | |||||
LEI | 2138002RKCU2OM4Y7O48 | |||||
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 | ||||||
Description of the financial instrument, type of instrument
Identification code | Ordinary shares in Kier Group plc
GB0004915632 | |||||
Nature of the transaction
| Award of contingent rights to receive shares under the Kier Group plc 2010 Long-Term Incentive Plan for nil consideration. | |||||
Price(s) and volume(s) |
| |||||
Aggregated information - Aggregated volume - Price |
204,015 shares Nil
| |||||
Date and time of the transaction | 2019-10-28 | |||||
Place of the transaction
| Outside a trading venue | |||||