11 Nov 2016 11:30
11 NOVEMBER 2016
KIER GROUP PLC
Notification of transactions by persons discharging managerial responsibilities
Grant of options under the Kier Group plc Sharesave Scheme 2016 (the "Sharesave Scheme 2016")
Kier Group plc (the "Company") announces that it was informed on 10 November 2016 that, on 8 November 2016, grants of options were made to the director and person discharging managerial responsibilities ("PDMR") under the Company's Sharesave Scheme 2016 as follows:
Name | Number of Sharesave options |
Marcus Jones (PDMR) | 779 |
Claudio Veritiero | 779 |
The savings contract will commence on 1 December 2016 and the share price applicable to the options is £11.55.
These options will not be included for the purposes of calculating the total beneficial interests of these individuals in the capital of the Company unless, and to the extent that, they vest on 1 December 2019.
The following notifications are made in accordance with the requirements of the EU Market Abuse Regulation.
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 - Construction and Infrastructure Services | |||||
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 | Options over ordinary shares in Kier Group plc
GB0004915632 | |||||
b) | Nature of the transaction
| Options granted on 8 November 2016 under the Kier Group plc Sharesave Scheme 2016 at an option price of £11.55 per share | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
779 £0.00
| |||||
e) | Date and time of the transaction | 2016-11-08 | |||||
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 | Executive Director - Group Strategy & Corporate Development 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 | Options over ordinary shares in Kier Group plc
GB0004915632 | ||||
b) | Nature of the transaction
| Options granted on 8 November 2016 under the Kier Group plc Sharesave Scheme 2016 at an option price of £11.55 per share | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
779 £0.00
| ||||
e) | Date and time of the transaction | 2016-11-08 | ||||
f) | Place of the transaction
| Outside a trading venue | ||||
Kier (KIE)