Costain Group PLC Director/PDMR Shareholding (9747E)

TIDMCOST

RNS Number : 9747E

Costain Group PLC

01 November 2022

Costain Group PLC

(the "Company")

MARKET PURCHASE BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR")

On 23 September 2019 Alex Vaughan, chief executive officer, was granted an option over 1,485 shares (as adjusted for the capital raising completed May 2020) under the Costain Group PLC Sharesave Plan. At maturity on 1 November 2022, 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 2019 Sharesave Plan. This arrangement was made available as the option price to subscribe for shares for the 2019 Sharesave Plan was GBP1.114 per share (as adjusted for the capital raising).

Accordingly, the Company announces that Alex Vaughan purchased 4,534 shares on 1 November 2022 at a price of GBP0.359 per share. Following the purchase, Mr Vaughan has a shareholding of 252,239 shares in Costain Group PLC

The Notification of Dealing Form set out below is provided in accordance with the requirements of the relevant 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 / amendment                                          INITIAL NOTIFICATION 
     ------------------------------------------------------------------------  ----------------------------------- 
 3.   Details of the Issuer 
     ------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                                      COSTAIN GROUP PLC 
     ------------------------------------------------------------------------  ----------------------------------- 
 b)   LEI code                                                                  213800PKIJBZ2EDTKC88 
     ------------------------------------------------------------------------  ----------------------------------- 
 4.   Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; and (iv) each place where transactions have been 
       conducted 
     ------------------------------------------------------------------------------------------------------------- 
 a)   Description of the financial instrument, type of instrument 
       Identification code                                                      ORDINARY SHARES OF 50 PENCE EACH 
 
                                                                                ISIN: GB00B64NSP76 
     ----------------------------------------------------------------------  ------------------------------------- 
 b)   Nature of the transaction                                               PURCHASE OF 4,534 SHARES 
     ----------------------------------------------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)                                                   Price(s)    Volume(s) 
                                                                                GBP0.359    4,534 
                                                                                           ---------- 
     ----------------------------------------------------------------------  ------------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume                                                  N/A 
 
 
        *    Price 
     ----------------------------------------------------------------------  ------------------------------------- 
 e)   Date of the transaction                                                 01 NOVEMBER 2022 
     ----------------------------------------------------------------------  ------------------------------------- 
 f)   Place of the transaction                                                LONDON STOCK EXCHANGE 
     ----------------------------------------------------------------------  -------------------------------------

1 November 2022

Enquiries

   Investors and analysts                                               paul.sharma@costain.com 
   Paul Sharma, Costain                                                 +44 7867 501188 
   Financial media - Headland                                     costain@headlandconsultancy.com 
   Andy Rivett-Carnac                                                    +44 7968 997 365

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November 01, 2022 12:42 ET (16:42 GMT)

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