Last checked at 1 Nov 2021 15:17
1 NOVEMBER 2021
KIER GROUP PLC
Notifications of transactions by persons discharging managerial responsibilities
Kier Group plc (the "Company") announces that on 29 October 2021, beneficial interests in the ordinary shares in the capital of the Company ("Shares") were awarded to the persons discharging managerial responsibilities ("PDMRs), as set out in the table below, in connection with the Company's bonus arrangements for the financial year ended 30 June 2021. Legal title to the Shares will be held on trust by the Kier Group 1999 Employee Benefit Trust (the "Trustee"). The Trustee will hold the Shares on trust for such individuals until 29 October 2024 (subject to the rules of the bonus arrangements). The price at which the beneficial interests in the Shares were allocated was £1.084 per Share, being the closing price of a share in the capital of the Company on 28 October 2021.
The Company further announces that, on 29 October 2021, grants of options for Shares were made to the PDMRs, as set out in the table below, under the Kier Group plc Sharesave Scheme 2016. The savings contract will commence on 1 December 2021 for 3 years and the share price applicable to the options is £0.96 per Share.
PDMR | Date of transaction | Number of deferred shares awarded | Number of Sharesave options granted |
Mr A O B Davies | 29 October 2021 | 109,092 | 5,625 |
Mr S J Kesterton | 29 October 2021 | 98,702 | 5,625 |
Mr L J Cummins | 29 October 2021 | 38,151 | 5,625 |
Mr G Incutti | 29 October 2021 | 22,441 | 5,625 |
Mr B S McNicholas | 29 October 2021 | 23,788 | - |
Mr M R Pengelly | 29 October 2021 | 26,930 | - |
Mr H L Redfern | 29 October 2021 | 21,544 | 5,625 |
Mr L P Thomas | 29 October 2021 | 24,040 | 5,625 |
Ms S Timms | 29 October 2021 | - | 937 |
Mr S J Togwell | 29 October 2021 | 28,276 | - |
The following notifications are made in accordance with the requirements of Article 19(3) of the UK Market Abuse Regulation. The Company's Legal Entity Identifier ("LEI") is 2138002RKCU2OM4Y7O48.
For enquiries please contact:
Jaime Tham
Company Secretary
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 deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2021. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
109,092 shares £1.084 per share
| ||||
e) | Date and time of the transaction | 2021-10-29 | ||||
f) | Place of the transaction
| London Stock Exchange XLON | ||||
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
| Grant of options under the Kier Group plc Sharesave Scheme 2016 | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
5,625 shares £0.96 per share
| |||||
e) | Date of the transaction | 2021-10-29 | |||||
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 deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2021. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
98,702 shares £1.084 per share
| |||||
e) | Date and time of the transaction | 2021-10-29 | |||||
f) | Place of the transaction
| London Stock Exchange XLON | |||||
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
| Grant of options under the Kier Group plc Sharesave Scheme 2016 | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
5,625 shares £0.96 per share
| |||||
e) | Date of the transaction | 2021-10-29 | |||||
f) | Place of the transaction
| Outside a trading venue | |||||
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 deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2021. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
38,151 shares £1.084 per share
| |||||
e) | Date and time of the transaction | 2021-10-29 | |||||
f) | Place of the transaction
| London Stock Exchange XLON | |||||
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
| Grant of options under the Kier Group plc Sharesave Scheme 2016 | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
5,625 shares £0.96 per share
| |||||
e) | Date of the transaction | 2021-10-29 | |||||
f) | Place of the transaction
| Outside a trading venue | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Giuseppe Incutti | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Group Managing Director - Highways | |||||
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 deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2021. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
22,441 shares £1.084 per share
| |||||
e) | Date and time of the transaction | 2021-10-29 | |||||
f) | Place of the transaction
| London Stock Exchange XLON | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Giuseppe Incutti | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Group Managing Director - Highways | |||||
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
| Grant of options under the Kier Group plc Sharesave Scheme 2016 | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
5,625 shares £0.96 per share
| |||||
e) | Date of the transaction | 2021-10-29 | |||||
f) | Place of the transaction
| Outside a trading venue | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Barry McNicholas | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Group Managing Director - Utilities | |||||
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 deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2021. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
23,788 shares £1.084 per share
| |||||
e) | Date and time of the transaction | 2021-10-29 | |||||
f) | Place of the transaction
| London Stock Exchange XLON | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Mark Pengelly | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Group Managing Director - Infrastructure | |||||
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 deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2021. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
26,930 shares £1.084 per share
| |||||
e) | Date and time of the transaction | 2021-10-29 | |||||
f) | Place of the transaction
| London Stock Exchange XLON | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Helen Redfern | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Group HR 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 deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2021. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
21,544 shares £1.084 per share
| |||||
e) | Date and time of the transaction | 2021-10-29 | |||||
f) | Place of the transaction
| London Stock Exchange XLON | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Helen Redfern | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Group HR 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
| Grant of options under the Kier Group plc Sharesave Scheme 2016 | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
5,625 shares £0.96 per share
| |||||
e) | Date of the transaction | 2021-10-29 | |||||
f) | Place of the transaction
| Outside a trading venue | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Leigh Thomas | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Managing Director - Kier Property | |||||
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 deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2021. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
24,040 shares £1.084 per share
| |||||
e) | Date and time of the transaction | 2021-10-29 | |||||
f) | Place of the transaction
| London Stock Exchange XLON | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Leigh Thomas | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Managing Director - Kier Property | |||||
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
| Grant of options under the Kier Group plc Sharesave Scheme 2016 | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
5,625 shares £0.96 per share
| |||||
e) | Date of the transaction | 2021-10-29 | |||||
f) | Place of the transaction
| Outside a trading venue | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Sophie Timms | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Corporate Affairs 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
| Grant of options under the Kier Group plc Sharesave Scheme 2016 | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
937 shares £0.96 per share
| |||||
e) | Date of the transaction | 2021-10-29 | |||||
f) | Place of the transaction
| Outside a trading venue | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Stuart Togwell
| |||||
2 | Reason for the notification | ||||||
a) | Position / status | Group Commercial 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 deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2021. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
28,276 shares £1.084 per share
| |||||
e) | Date and time of the transaction | 2021-10-29 | |||||
f) | Place of the transaction
| London Stock Exchange XLON | |||||