Last checked at 30 Sep 2015 16:00
KIER GROUP PLC
DIRECTOR/PDMR SHAREHOLDINGS
Kier Group plc (the "Company") today announces the following changes in the interests of directors and persons discharging managerial responsibilities ("PDMRs") which were notified to it on 29 September 2015:
Release of deferred shares
Beneficial interests in the following numbers of shares were allocated in connection with the Company's bonus arrangements for the financial year ended 30 June 2012. Prior to their release, legal title to the shares was held on trust by the Kier Group 1999 Employee Benefit Trust (the "Trustee").
Name | Number of shares released |
Nigel Brook | 374 |
Haydn Mursell | 2,757 |
Paul Pethica (PDMR) | 374 |
Hugh Raven (PDMR) | 745 |
Nigel Turner | 771 |
Claudio Veritiero | 523 |
These shares were released to the relevant individuals on 29 September 2015.
Award of deferred shares
On 29 September 2015, beneficial interests in the following numbers of shares were allocated in connection with the Company's bonus arrangements for the financial year ended 30 June 2015.
The Trustee will hold the shares on trust for such individuals until 29 September 2018 (subject to the rules of the bonus arrangements). The price at which the beneficial interests in the shares were allocated was £13.64 per share.
Name | Number of shares awarded |
David Benson (PDMR) | 1,420 |
Nigel Brook | 2,337 |
Bev Dew | 2,231 |
Haydn Mursell | 6,011 |
Paul Pethica (PDMR) | 1,276 |
Hugh Raven (PDMR) | 1,595 |
Nigel Turner | 3,141 |
Claudio Veritiero | 2,790 |
Following these transactions, the total beneficial interests in the share capital of the Company of such individuals (together with their connected persons, where relevant), and the percentage of the issued share capital of the Company represented by their interests, are:
Mr D Benson (PDMR) | 3,754 shares | 0.004% |
Mr N P Brook | 13,355 shares | 0.014% |
Mr B E J Dew | 3,055 shares | 0.003% |
Mr H J Mursell | 42,195 shares | 0.044% |
Mr P J Pethica (PDMR) | 8,327 shares | 0.009% |
Mr H E E Raven (PDMR) | 10,627 shares | 0.011% |
Mr N A Turner | 28,259 shares | 0.030% |
Mr C Veritiero | 11,059 shares | 0.012% |
This notification is made in accordance with DTR 3.1.4R(1)(a) of the Disclosure and Transparency Rules.
For enquiries, please contact:
Beth Melges
Deputy Company Secretary
Tel: +44(0)1767 640 111