Last checked at 18 Dec 2018 17:37
KIER GROUP PLC
DIRECTOR / PDMR SHAREHOLDING
Sale of Nil Paid Rights
Kier Group plc (the "Company") announces that on 14 December 2018, certain of its directors and persons discharging managerial responsibilities ("PDMRs") sold nil paid rights relating to ordinary shares of 1 pence each in the capital of the Company (each a "Nil Paid Right") in connection with the Company's deferred shares bonus arrangements, with the intention of using the proceeds to take up further Nil Paid Rights pursuant to the Company's rights issue (the "Rights Issue"), which was announced on 30 November 2018, as follows:
Name | Number of Nil Paid Rights Sold | Price per Nil Paid Right (pence) |
Mr M F Jones (PDMR) | 1,139 | 2.0 |
Mr H J Mursell | 14,382 | 2.0 |
The Company was also informed of the following transactions:
On 13 December 2018, Mrs Molly Raven, wife of Mr Hugh Raven (PDMR), sold 5,807 Nil Paid Rights at a price of 7.1 pence per Nil Paid Right with the intention of using the proceeds to take up further Nil Paid Rights pursuant to the Rights Issue.
On 17 December 2018, Mrs Katharine Mursell, wife of Mr Haydn Mursell (Chief Executive), sold 944 Nil Paid Rights at a price of 0.08 pence per Nil Paid Right with the intention of using the proceeds to take up further Nil Paid Rights pursuant to the Rights Issue.
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 | Marcus Jones | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Finance Director Operations | |||||
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 | Nil Paid Rights relating to ordinary shares of 1 pence each in Kier Group plc
GB0004915632 | |||||
b) | Nature of the transaction
| Sale of Nil Paid Rights | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
1,139 Nil Paid Rights £0.02 per Nil Paid Right
| |||||
e) | Date of the transaction | 2018-12-14 | |||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||
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 | Nil Paid Rights relating to ordinary shares of 1 pence each in Kier Group plc
GB0004915632 | |||||
b) | Nature of the transaction
| Sale of Nil Paid Rights | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
14,382 Nil Paid Rights £0.02 per Nil Paid Right
| |||||
e) | Date of the transaction | 2018-12-14 | |||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Molly Raven | ||||
2 | Reason for the notification | |||||
a) | Position / status | Person closely associated to Hugh Raven, General Counsel and Company Secretary | ||||
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 | Nil Paid Rights relating to ordinary shares of 1 pence each in Kier Group plc
GB0004915632 | ||||
b) | Nature of the transaction
| Sale of Nil Paid Rights | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price |
5,807 Nil Paid Rights £0.071 per Nil Paid Right
| ||||
e) | Date of the transaction
| 2018-12-13
| ||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Katharine Mursell | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Person closely associated to Haydn Mursell, 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 | Nil Paid Rights relating to ordinary shares of 1 pence each in Kier Group plc
GB0004915632 | |||||
b) | Nature of the transaction
| Sale of Nil Paid Rights | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
944 Nil Paid Rights £0.008 per Nil Paid Right
| |||||
e) | Date of the transaction | 2018-12-17 | |||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||