AI assistant
KIER GROUP PLC Director's Dealing 2021
4761_def-14a_2021-11-01_8ad7455b-0b8a-4182-9c27-4c715d537e45.html
Director's Dealing
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information 
RNS Number : 9581Q
Kier Group PLC
01 November 2021
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)
| Price(s) | Volume(s) |
| £1.084 | 109,092 |
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)
| Price(s) | Volume(s) |
| £0.96 | 5,625 |
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)
| Price(s) | Volume(s) |
| £1.084 | 98,702 |
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)
| Price(s) | Volume(s) |
| £0.96 | 5,625 |
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)
| Price(s) | Volume(s) |
| £1.084 | 38,151 |
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)
| Price(s) | Volume(s) |
| £0.96 | 5,625 |
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)
| Price(s) | Volume(s) |
| £1.084 | 22,441 |
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)
| Price(s) | Volume(s) |
| £0.96 | 5,625 |
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)
| Price(s) | Volume(s) |
| £1.084 | 23,788 |
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)
| Price(s) | Volume(s) |
| £1.084 | 26,930 |
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)
| Price(s) | Volume(s) |
| £1.084 | 21,544 |
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)
| Price(s) | Volume(s) |
| £0.96 | 5,625 |
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)
| Price(s) | Volume(s) |
| £1.084 | 24,040 |
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)
| Price(s) | Volume(s) |
| £0.96 | 5,625 |
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)
| Price(s) | Volume(s) |
| £0.96 | 937 |
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)
| Price(s) | Volume(s) |
| £1.084 | 28,276 |
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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHBBBATMTBMBMB