Kier Group PLC Director/PDMR Shareholding (3565X)
December 19 2023 - 9:57AM
UK Regulatory
TIDMKIE
RNS Number : 3565X
Kier Group PLC
19 December 2023
19 DECEMBER 2023
KIER GROUP PLC
Notification of transactions by persons discharging managerial
responsibilities
Kier Group plc (the "Company") announces that on 18 December
2023, the persons discharging managerial responsibilities ("PDMRs")
referred to below were allocated ordinary shares of 1 pence each in
the capital of the Company ("Shares"), as a result of the vesting
of awards made to them in December 2020 under the Kier Group plc
2020 Long-Term Incentive Plan (the "LTIP Vesting").
The numbers of Shares referred to below represent the vested
Shares allocated to each PDMR following deductions for income tax
and national insurance contributions due on the release of the
Shares.
PDMR Number of Shares allocated
under LTIP Vesting on
18 December 2023
Mr A O B Davies(1) 332,344
---------------------------
Mr S J Kesterton(1) 270,623
---------------------------
Ms A Amar 55,219
---------------------------
Mr A W Bradshaw 46,403
---------------------------
Ms L Finlay 52,590
---------------------------
Mr G Incutti 82,172
---------------------------
Mr M R Pengelly 98,606
---------------------------
Mr L P Thomas 88,024
---------------------------
Ms S Timms 22,342
---------------------------
Mr S J Togwell 103,537
---------------------------
(1) Following the acquisition of these Shares, Mr Davies and Mr
Kesterton will own 1,528,582 and 1,098,872 Shares, representing
0.34% and 0.25% of the Company's issued share capital,
respectively.
For tax purposes, the market value of a Share for the LTIP
Vesting was GBP1.05, being the closing price of a Share on 15
December 2023. No consideration was paid for the acquisition of
these Shares. The Shares acquired by Mr Davies and Mr Kesterton
under the LTIP Vesting are subject to a two-year post-vesting
holding period. The LTIP Vesting was subject to the satisfaction of
certain performance criteria over a three-year performance period
which ran from 1 July 2020 to 30 June 2023.
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 Allocation of shares following the
vesting of awards made under the Kier
Group plc 2020 Long-Term Incentive
Plan. The awards were granted on 18
December 2020 for nil consideration.
========================================== =====================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 332,344
----------
========================================== =====================================================
d) Aggregated information
* Aggregated volume 332,344 shares
Nil
* Price
========================================== =====================================================
e) Date and time of the transaction 2023-12-18
========================================== =====================================================
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 Allocation of shares following the
vesting of awards made under the Kier
Group plc 2020 Long-Term Incentive
Plan. The awards were granted on 18
December 2020 for nil consideration.
========================================= ======================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 270,623
----------
========================================= ======================================================
d) Aggregated information
* Aggregated volume 270,623 shares
Nil
* Price
========================================= ======================================================
e) Date of the transaction 2023-12-18
========================================= ======================================================
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 Allocation of shares following the
vesting of awards made under the Kier
Group plc 2020 Long-Term Incentive
Plan. The awards were granted on 18
December 2020 for nil consideration.
========================================= ======================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 55,219
----------
========================================= ======================================================
d) Aggregated information
* Aggregated volume 55,219 shares
Nil
* Price
========================================= ======================================================
e) Date of the transaction 2023-12-18
========================================= ======================================================
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 Allocation of shares following the vesting
of awards made under the Kier Group plc
2020 Long-Term Incentive Plan. The awards
were granted on 18 December 2020 for
nil consideration.
================================= ================================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 46,403
----------
================================= ================================================================
d) Aggregated information
* Aggregated volume 46,403 shares
Nil
* Price
================================= ================================================================
e) Date and time of the transaction 2023-12-18
================================= ================================================================
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 Allocation of shares following the
vesting of awards made under the Kier
Group plc 2020 Long-Term Incentive
Plan. The awards were granted on 18
December 2020 for nil consideration.
========================================= ======================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 52,590
----------
========================================= ======================================================
d) Aggregated information
* Aggregated volume 52,590 shares
Nil
* Price
========================================= ======================================================
e) Date of the transaction 2023-12-18
========================================= ======================================================
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 Allocation of shares following the
vesting of awards made under the Kier
Group plc 2020 Long-Term Incentive
Plan. The awards were granted on 18
December 2020 for nil consideration.
======================================== =======================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 82,172
----------
======================================== =======================================================
d) Aggregated information
* Aggregated volume 82,172 shares
Nil
* Price
======================================== =======================================================
e) Date of the transaction 2023-12-18
======================================== =======================================================
f) Place of the transaction Outside a trading venue
======================================== =======================================================
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Mark Pengelly
============================================== =================================================
2 Reason for the notification
=================================================================================================
a) Position / status Managing Director - EKFB
============================================== =================================================
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 Allocation of shares following the
vesting of awards made under the Kier
Group plc 2020 Long-Term Incentive
Plan. The awards were granted on 18
December 2020 for nil consideration.
========================================= ======================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 98,606
----------
========================================= ======================================================
d) Aggregated information
* Aggregated volume 98,606 shares
Nil
* Price
========================================= ======================================================
e) Date of the transaction 2023-12-18
========================================= ======================================================
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 Allocation of shares following the
vesting of awards made under the Kier
Group plc 2020 Long-Term Incentive
Plan. The awards were granted on 18
December 2020 for nil consideration.
========================================= ======================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 88,024
----------
========================================= ======================================================
d) Aggregated information
* Aggregated volume 88,024 shares
Nil
* Price
========================================= ======================================================
e) Date of the transaction 2023-12-18
========================================= ======================================================
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 Allocation of shares following the vesting
of awards made under the Kier Group
plc 2020 Long-Term Incentive Plan. The
awards were granted on 18 December 2020
for nil consideration.
========================================= ======================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 22,342
----------
========================================= ======================================================
d) Aggregated information
* Aggregated volume 22,342 shares
Nil
* Price
========================================= ======================================================
e) Date and time of the transaction 2023-12-18
========================================= ======================================================
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 Allocation of shares following the
vesting of awards made under the Kier
Group plc 2020 Long-Term Incentive
Plan. The awards were granted on 18
December 2020 for nil consideration.
========================================= ======================================================
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 103,537
----------
========================================= ======================================================
d) Aggregated information
* Aggregated volume 103,537 shares
Nil
* Price
========================================= ======================================================
e) Date of the transaction 2023-12-18
========================================= ======================================================
f) Place of the transaction Outside a trading venue
========================================= ======================================================
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END
DSHTLBATMTABBAJ
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