Costain Group PLC Director/PDMR Shareholding (1453E)
November 03 2020 - 11:14AM
UK Regulatory
TIDMCOST
RNS Number : 1453E
Costain Group PLC
03 November 2020
Costain Group PLC
(the "Company")
MARKET PURCHASE BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITY
("PDMR")
On 25 September 2017 Alex Vaughan, chief executive officer, was
granted an option over 1,401 shares (as adjusted from 1,319
following the capital raise completed May 2020) under the Costain
Group PLC Sharesave Plan. At maturity on 1 November 2020, 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
2017 Sharesave Plan. This arrangement was made available as the
option price to subscribe for shares for the 2017 Sharesave Plan
was GBP3.363 per share (as adjusted from GBP3.574 following the
capital raise).
Accordingly, the Company announces that Alex Vaughan purchased
13,585 shares on 2 November 2020 at a price of GBP0.342 per share.
Following the purchase, Mr Vaughan has a shareholding of 228,461
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 13,585 SHARES
transaction
------------------------- --------------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) GBP0.342 13,585
----------
------------------------- --------------------------------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
------------------------- --------------------------------------------------
e) Date of the
transaction 02 NOVEMBER 2020
------------------------- --------------------------------------------------
f) Place of the LONDON STOCK EXCHANGE
transaction
------------------------- --------------------------------------------------
3 November 2020
Enquiries:
Costain Group PLC Tel: 01628 842 444
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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