COSTAIN GROUP PLC — Director's Dealing 2013

Aug 28, 2013

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RNS Number : 6460M

Costain Group PLC

28 August 2013

Costain Group PLC

("Costain" or "the Company")

Deferred Share Bonus Plan

This notification is made in accordance with DTR 3.1.4(1).

On 12 April 2011, awards were granted under the Costain Group PLC Deferred Share Bonus Plan    ("the Plan") to certain directors.  The awards were granted under the Plan in the form of options with a nil exercise price over a fixed number of shares (the "Deferred Awards").  No consideration was paid for the grant of the Deferred Awards.

The Deferred Awards became exercisable on 12 April 2013 for a period of up to ten years from the date of grant.

The Company announces that on 27 August 2013 the following director exercised his option to acquire the number of ordinary shares of 50 pence each in the capital of the Company set out in the table below.  As noted below, this individual sold all his shares upon exercise, with a proportion being sold in order to satisfy his income tax and national insurance liability arising on the exercise.  In addition, in accordance with the Rules of the Plan, dividend shares were awarded representing the value of dividends that would have been due on the vested Deferred Award shares during the period between 13 October 2011 and 12 April 2013.

Name of Director	Total number of shares acquired on exercise of the Deferred Award (including dividend shares)	Number of shares sold to satisfy Tax and National Insurance Liabilities	Total Number of shares sold	Price at which shares were sold
Anthony Bickerstaff	56,717	26,657	56,717	279.12 pence

The Company was informed of the above transactions on 27 August 2013.

28 August 2013

Enquiries:

Costain Group PLC                                                                                              Tel: 01628 842444

Tracey Wood

Company Secretary

College Hill				Tel: 020 7457 2020
Mark Garraway Helen Tarbet

This information is provided by RNS

The company news service from the London Stock Exchange

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