COSTAIN GROUP PLC — Director's Dealing 2016

Nov 4, 2016

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RNS Number : 4046O

Costain Group PLC

04 November 2016

Costain Group PLC

(the "Company")

COSTAIN GROUP PLC SHARESAVE PLAN -

EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SHARES

BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR")

The Company announces that options to subscribe for ordinary shares with a nominal value of 50 pence each in the capital of the Company (the "Shares"), granted to eligible employees on 30 September 2013 under the Costain Group PLC employee Sharesave Plan, matured with effect from 01 November 2016 and that the following Executive Directors (each being a PDMR) have exercised their options as shown in the table below.

Each Executive Director has given instructions to sell all of the 1,689 Shares received following the exercise of his Options and these were sold between 01 November 2016 and 04 November 2016 as detailed below.

Name of Executive Director (PDMR)	Maximum number of Shares held under Option*	Subscription Price on Exercise of Option**  (determined at time of offer)	Date  Option Matured	Number of Options Exercised	Date Shares Allotted following Exercise of Option	Number of Shares Sold between 01 and 04 November 2016	Total holding of Shares by PDMR (following exercise of Option and sale of Shares)
Andrew Wyllie	1,689	206.55p	01 November 2016	1,689	01 November 2016	1,689	406,508
Anthony Bickerstaff	1,689	206.55p	01 November 2016	1,689	01 November 2016	1,689	224,826

*     adjusted from 1,572 following a capital raising by the Company in March 2014

* *  adjusted from 222p following a capital raising by the Company in March 2014

The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibility ("PDMR") / person closely associated with them ("PCA")

a)

Name

ANDREW WYLLIE

2.

Reason for the notification

a)

Position /status

CHIEF EXECUTIVE

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

COSTAIN GROUP PLC

b)

LEI code

N/A

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 OF 50 PENCE EACH

ISIN:  GB00B64NSP76

b)

Nature of the transaction

EXERCISE OF 1,689 OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

(SUBSCRIPTION PRICE ON EXERCISE OF OPTION: £2.0655)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£2.0655	1,689

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

01 NOVEMBER 2016

f)

Place of the transaction

OUTSIDE A TRADING VENUE

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibility ("PDMR") / person closely associated with them ("PCA")

a)

Name

ANDREW WYLLIE

2.

Reason for the notification

a)

Position /status

CHIEF EXECUTIVE

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

COSTAIN GROUP PLC

b)

LEI code

N/A

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 OF 50 PENCE EACH

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£3.72	570

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

01 NOVEMBER 2016

f)

Place of the transaction

LONDON STOCK EXCHANGE

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 OF 50 PENCE EACH

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£3.67	207

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

02 NOVEMBER 2016

f)

Place of the transaction

LONDON STOCK EXCHANGE

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 OF 50 PENCE EACH

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£3.53	321

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

03 NOVEMBER 2016

f)

Place of the transaction

LONDON STOCK EXCHANGE

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 OF 50 PENCE EACH

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£3.44	591

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

04 NOVEMBER 2016

f)

Place of the transaction

LONDON STOCK EXCHANGE

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibility ("PDMR") / person closely associated with them ("PCA")

a)

Name

ANTHONY OLIVER BICKERSTAFF

2.

Reason for the notification

a)

Position /status

GROUP FINANCE DIRECTOR

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

COSTAIN GROUP PLC

b)

LEI code

N/A

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 OF 50 PENCE EACH

ISIN:  GB00B64NSP76

b)

Nature of the transaction

EXERCISE OF 1,689 OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

(SUBSCRIPTION PRICE ON EXERCISE OF OPTION: £2.0655)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£2.0655	1,689

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

01 NOVEMBER 2016

f)

Place of the transaction

OUTSIDE A TRADING VENUE

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibility ("PDMR") / person closely associated with them ("PCA")

a)

Name

ANTHONY BICKERSTAFF

2.

Reason for the notification

a)

Position /status

GROUP FINANCE DIRECTOR

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

COSTAIN GROUP PLC

b)

LEI code

N/A

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 OF 50 PENCE EACH

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£3.72	570

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

01 NOVEMBER

f)

Place of the transaction

LONDON STOCK EXCHANGE

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 OF 50 PENCE EACH

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£3.67	207

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

02 NOVEMBER

f)

Place of the transaction

LONDON STOCK EXCHANGE

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 OF 50 PENCE EACH

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£3.53	321

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

03 NOVEMBER

f)

Place of the transaction

LONDON STOCK EXCHANGE

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 OF 50 PENCE EACH

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£3.44	591

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

04 NOVEMBER 2016

f)

Place of the transaction

LONDON STOCK EXCHANGE

04 November 2016

Enquiries:

Costain Group PLC                                                                                            Tel: 01628 842444

Tracey Wood

Company Secretary

Instinctif Partners	Tel: 020 7457 2020
Mark Garraway Helen Tarbet James Gray

This information is provided by RNS

The company news service from the London Stock Exchange

END

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