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Pin to quick picksKier Regulatory News (KIE)

Share Price Information for Kier (KIE)

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Share Price: 132.40
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Director/PDMR Shareholding

17 Mar 2020 09:55

RNS Number : 4294G
Kier Group PLC
17 March 2020
 

17 MARCH 2020

 

KIER GROUP PLC

 

Notification of transactions by persons discharging managerial responsibilities

 

Grant of Award under the Kier Group plc Long-Term Incentive Plan

 

Kier Group plc (the "Company") announces that, on 16 March 2020, an award of contingent rights to receive a maximum of 368,526 shares in the capital of the Company has been made to Mr. Liam Cummins (a person discharging managerial responsibilities) under the Kier Group plc 2010 Long-Term Incentive Plan (the "Plan"). The award was made at no cost to the individual and, subject to the satisfaction of the performance targets and the rules of the Plan, will vest on 16 March 2023.

 

The price used for the purpose of calculating these awards was 92.90 pence, being the closing middle market quotation of a share in the capital of the Company on 13 March 2020.

 

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: 07562 210903

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Liam Cummins

2

Reason for the notification

a)

Position / status

Group Managing Director - Construction

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)

Price(s)

Volume(s)

Nil

368,526

d)

Aggregated information

- Aggregated volume

- Price

 

368,526 shares

Nil

 

e)

Date and time of the transaction

2020-03-16

f)

Place of the transaction

 

Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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