TIDMKIE
RNS Number : 0691S
Kier Group PLC
01 November 2023
1 NOVEMBER 2023
KIER GROUP PLC
Notifications of transactions by persons discharging managerial
responsibilities
Kier Group plc (the "Company") announces that:
i) on 30 October 2023, beneficial interests in the ordinary
shares of 1 pence each in the capital of the Company ("Shares")
were awarded to persons discharging managerial responsibilities
("PDMRs") in connection with the Company's bonus arrangements for
the financial year ended 30 June 2023 (the "Deferred Bonus");
and
ii) on 31 October 2023, grants of options for Shares ("Sharesave
Options") were made to the PDMRs and persons closely associated
with them ("PCAs") under the Kier Group plc Sharesave Scheme 2016.
The three-year savings contract will commence on 1 December 2023
and the share price applicable to the options is GBP0.90 per
Share.
Details of these transactions are set out in the table
below.
PDMR/PCA Number of Shares Number of Sharesave
awarded under the Options
Deferred Bonus on granted on 31 October
30 October 2023 2023
Mr A O B Davies(1) 151,809 3,091
------------------- -----------------------
Mr S J Kesterton(1) 106,070 3,091
------------------- -----------------------
Ms A Amar 24,289 n/a
------------------- -----------------------
Mr A W Bradshaw 25,261 3,091
------------------- -----------------------
Ms H Bradshaw (PCA) n/a 3,091
------------------- -----------------------
Ms L Finlay 8,906 3,091
------------------- -----------------------
Mr G Incutti 31,537 3,091
------------------- -----------------------
Mr L P Thomas 31,537 n/a
------------------- -----------------------
Ms S Timms 9,157 2,061
------------------- -----------------------
Mr S J Togwell 54,667 n/a
------------------- -----------------------
(1) Following the acquisition of these Shares, Mr Davies and Mr
Kesterton will own 1,196,238 and 828,249 Shares, representing 0.27%
and 0.19% of the Company's issued share capital, respectively.
The numbers of Shares awarded under the Deferred Bonus referred
to above represent the vested Shares allocated to each PDMR
following deductions for income tax and national insurance
contributions. For tax purposes, the market value of a Share for
the Deferred Bonus was GBP0.995, being the closing price of a Share
on 27 October 2023. No consideration was paid for the acquisition
of these Shares. Legal title to the Deferred Bonus 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 30 October 2026 (subject to the rules of the
bonus arrangements).
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
07801 975672
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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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 2023.
============================================ ====================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 151,809
----------
============================================ ====================================================
d) Aggregated information
* Aggregated volume 151,809 shares
Nil
* Price
============================================ ====================================================
e) Date and time of the transaction 2023-10-30
============================================ ====================================================
f) Place of the transaction Outside a trading venue
============================================ ====================================================
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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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)
GBP0.90 3,091
----------
========================================= ======================================================
d) Aggregated information
* Aggregated volume 3,091 shares
GBP0.90 per share
* Price
========================================= ======================================================
e) Date of the transaction 2023-10-31
========================================= ======================================================
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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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 2023.
========================================= ======================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 106,070
----------
========================================= ======================================================
d) Aggregated information
* Aggregated volume 106,070 shares
Nil
* Price
========================================= ======================================================
e) Date of the transaction 2023-10-30
========================================= ======================================================
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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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)
GBP0.90 3,091
----------
======================================== =======================================================
d) Aggregated information
* Aggregated volume 3,091 shares
GBP0.90 per share
* Price
======================================== =======================================================
e) Date of the transaction 2023-10-31
======================================== =======================================================
f) Place of the transaction Outside a trading venue
======================================== =======================================================
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Alpna Amar
=============================================== =================================================
2 Reason for the notification
==================================================================================================
a) Position / status 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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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 2023.
=========================================== =====================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 24,289
----------
=========================================== =====================================================
d) Aggregated information
* Aggregated volume 24,289 shares
Nil
* Price
=========================================== =====================================================
e) Date and time of the transaction 2023-10-30
=========================================== =====================================================
f) Place of the transaction Outside a trading venue
=========================================== =====================================================
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Andrew Bradshaw
================================= ================================================================
2 Reason for the notification
===================================================================================================
a) Position / status Group Managing Director - Natural Resources, Nuclear & Networks
================================= ================================================================
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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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
2023.
================================= ================================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 25,261
----------
================================= ================================================================
d) Aggregated information
* Aggregated volume 25,261 shares
Nil
* Price
================================= ================================================================
e) Date and time of the transaction 2023-10-30
================================= ================================================================
f) Place of the transaction Outside a trading venue
================================= ================================================================
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Andrew Bradshaw
=================================== ================================================================
2 Reason for the notification
=====================================================================================================
a) Position / status Group Managing Director - Natural Resources, Nuclear & Networks
=================================== ================================================================
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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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)
GBP0.90 3,091
----------
================================= ==================================================================
d) Aggregated information
* Aggregated volume 3,091 shares
GBP0.90 per share
* Price
================================= ==================================================================
e) Date of the transaction 2023-10-31
================================= ==================================================================
f) Place of the transaction Outside a trading venue
================================= ==================================================================
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Hannah Bradshaw, PCA
============================================== =================================================
2 Reason for the notification
=================================================================================================
a) Position / status PCA to PDMR
============================================== =================================================
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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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)
GBP0.90 3,091
----------
======================================== =======================================================
d) Aggregated information
* Aggregated volume 3,091 shares
GBP0.90 per share
* Price
======================================== =======================================================
e) Date of the transaction 2023-10-31
======================================== =======================================================
f) Place of the transaction Outside a trading venue
======================================== =======================================================
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Louisa Finlay
============================================== =================================================
2 Reason for the notification
=================================================================================================
a) Position / status Chief People 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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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 2023.
========================================== =====================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 8,906
----------
========================================== =====================================================
d) Aggregated information
* Aggregated volume 8,906 shares
Nil
* Price
========================================== =====================================================
e) Date and time of the transaction 2023-10-30
========================================== =====================================================
f) Place of the transaction Outside a trading venue
========================================== =====================================================
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Louisa Finlay
============================================== =================================================
2 Reason for the notification
=================================================================================================
a) Position / status Chief People 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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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)
GBP0.90 3,091
----------
========================================= ======================================================
d) Aggregated information
* Aggregated volume 3,091 shares
GBP0.90 per share
* Price
========================================= ======================================================
e) Date of the transaction 2023-10-31
========================================= ======================================================
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 - Transportation
============================================= ==================================================
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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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 2023.
========================================= ======================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 31,537
----------
========================================= ======================================================
d) Aggregated information
* Aggregated volume 31,537 shares
Nil
* Price
========================================= ======================================================
e) Date and time of the transaction 2023-10-30
========================================= ======================================================
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 - Transportation
============================================= ==================================================
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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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)
GBP0.90 3,091
----------
======================================== =======================================================
d) Aggregated information
* Aggregated volume 3,091 shares
GBP0.90 per share
* Price
======================================== =======================================================
e) Date of the transaction 2023-10-31
======================================== =======================================================
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 Group Managing Director - 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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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 2023.
========================================= ======================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 31,537
----------
========================================= ======================================================
d) Aggregated information
* Aggregated volume 31,537 shares
Nil
* Price
========================================= ======================================================
e) Date and time of the transaction 2023-10-30
========================================= ======================================================
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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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 2023.
========================================= ======================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 9,157
----------
========================================= ======================================================
d) Aggregated information
* Aggregated volume 9,157 shares
Nil
* Price
========================================= ======================================================
e) Date and time of the transaction 2023-10-30
========================================= ======================================================
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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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)
GBP0.90 2,061
----------
========================================= ======================================================
d) Aggregated information
* Aggregated volume 2,061 shares
GBP0.90 per share
* Price
========================================= ======================================================
e) Date of the transaction 2023-10-31
========================================= ======================================================
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 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 Ordinary shares in Kier Group plc
instrument, type of instrument
Identification code 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 2023.
========================================= ======================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 54,667
----------
========================================= ======================================================
d) Aggregated information
* Aggregated volume 54,667 shares
Nil
* Price
========================================= ======================================================
e) Date and time of the transaction 2023-10-30
========================================= ======================================================
f) Place of the transaction Outside a trading venue
========================================= ======================================================
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END
DSHBBBTTMTTMBTJ
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November 01, 2023 08:24 ET (12:24 GMT)
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