COSTAIN GROUP PLC — Director's Dealing 2019

Apr 9, 2019

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RNS Number : 6302V

Costain Group PLC

09 April 2019

Costain Group PLC

(the "Company")

EXERCISE OF NIL COST OPTIONS

(a)   Total Beneficial Holding of Shares

Costain announces that, following the exercise of share awards granted under the Company's 2014 Share Deferral Plan as detailed in section (b) below, the following Executive Directors held the number of ordinary shares of 50 pence each in the share capital of the Company (the "Shares") as set out in the table below:

Name of Director	Total beneficial holding of Shares held prior to the transactions detailed in section (b) below	Total beneficial holding of Shares held following the transactions detailed in section (b) below
Andrew Wyllie	454,611	476,330
Anthony Bickerstaff	258,601	272,992

(b)        Share Deferral Plan

On 5 April 2017, awards were granted under the Costain Group PLC 2014 Share Deferral Plan to certain Directors of the Company. The awards were granted in the form of options with a nil exercise price over a fixed number of Shares (the "Awards"). No consideration was paid for the grant of the Awards. The Awards became exercisable on 5 April 2019 for a period of ten years from the date of grant.

On 8 April 2019, the Company was advised that Buck Trustees (Guernsey) Limited, as Trustee of the Costain Group Employee Trust, had undertaken the following transaction:

On 5 April 2019, the following Directors exercised their Awards to acquire the number of Shares as set out in the table below. As detailed below, the Directors concerned sold a number of Shares sufficient to satisfy their income tax and national insurance liability arising on exercise and retained the remaining Shares.

Name of Director	Total number of Shares acquired on exercise of Awards	Exercise Price	Number of Shares sold to satisfy Tax and National Insurance Liabilities, such Shares sold at a price per Share of 357.00 pence	Number of Shares retained
Andrew Wyllie	40,981	Nil	19,262	21,719 (In the name of Jane Morag Wyllie)
Anthony Bickerstaff	27,153	Nil	12,762	14,391

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/ PDMR

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

COSTAIN GROUP PLC

b)

LEI code

213800PKIJBZ2EDTKC88

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 40,981 NIL COST OPTIONS UNDER THE COMPANY'S 2014 SHARE DEFERRAL PLAN

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil Cost	40,981

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

5 APRIL 2019

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/ PDMR

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

COSTAIN GROUP PLC

b)

LEI code

213800PKIJBZ2EDTKC88

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 19,262 SHARES TO SATISFY TAX AND NATIONAL INSURANCE LIABILITIES

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£3.57	19,262

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

5 APRIL 2019

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 OLIVER BICKERSTAFF

2.

Reason for the notification

a)

Position /status

GROUP FINANCE DIRECTOR/ PDMR

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

COSTAIN GROUP PLC

b)

LEI code

213800PKIJBZ2EDTKC88

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 27,153 NIL COST OPTIONS UNDER THE COMPANY'S 2014 SHARE DEFERRAL PLAN

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil Cost	27,153

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

5 APRIL 2019

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 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

213800PKIJBZ2EDTKC88

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 12,762 SHARES TO SATISFY TAX AND NATIONAL INSURANCE LIABILITIES

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£3.57	12,762

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

5 APRIL 2019

f)

Place of the transaction

OUTSIDE A TRADING VENUE

09 APRIL 2019

Enquiries:

Costain Group PLC                                                                                          Tel: 01628 842444

Tracey Wood

Company Secretary

Instinctif Partners	Tel: 020 74572020
Mark Garraway James Gray

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