Costain Group PLC Director/PDMR Shareholding (1011R)
November 02 2021 - 9:33AM
UK Regulatory
TIDMCOST
RNS Number : 1011R
Costain Group PLC
02 November 2021
Costain Group PLC
(the "Company")
MARKET PURCHASE BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITY
("PDMR")
On 24 September 2018 Alex Vaughan, chief executive officer, was
granted an option over 1,396 shares (as adjusted for the capital
raising completed May 2020) under the Costain Group PLC Sharesave
Plan. At maturity on 1 November 2021, Mr Vaughan elected to
purchase shares in the market with the proceeds of his three-year
savings contract as part of a share purchase programme offered to
all participants with maturing options in the 2018 Sharesave Plan.
This arrangement was made available as the option price to
subscribe for shares for the 2018 Sharesave Plan was GBP3.169 per
share (as adjusted for the capital raising).
Accordingly, the Company announces that Alex Vaughan purchased
8,093 shares on 1 November 2021 at a price of GBP0.539 per share.
Following the purchase, Mr Vaughan has a shareholding of 247,705
shares in Costain Group PLC.
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 ALEXANDER JOHN VAUGHAN
------------------------- --------------------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------------
a) Position /status CHIEF EXECUTIVE OFFICER
--------------------------- ------------------------------------------------
b) Initial notification INITIAL NOTIFICATION
/ amendment
--------------------------- ------------------------------------------------
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 ORDINARY SHARES OF 50 PENCE EACH
instrument,
type of instrument ISIN: GB00B64NSP76
Identification
code
------------------------- --------------------------------------------------
b) Nature of the PURCHASE OF 8,093 SHARES
transaction
------------------------- --------------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) GBP0.539 8,093
----------
------------------------- --------------------------------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
------------------------- --------------------------------------------------
e) Date of the 01 NOVEMBER 2021
transaction
------------------------- --------------------------------------------------
f) Place of the LONDON STOCK EXCHANGE
transaction
------------------------- --------------------------------------------------
2 November 2021
Enquiries:
Costain Group PLC Tel: 01628 842 444
Louise Bryant, Group Communications
and IR Director
Sharon Harris, Company Secretary
MHP Communications Tel: 020 3128 8100
Tim Rowntree, Peter Hewer costain@mhpc.com
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END
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