Kier Group PLC Director/PDMR Shareholding (5175A)
May 29 2019 - 11:09AM
UK Regulatory
TIDMKIE
RNS Number : 5175A
Kier Group PLC
29 May 2019
KIER GROUP PLC
DIRECTOR / PDMR SHAREHOLDING
Rights Issue - adjustments to options and awards under share
schemes
On 20 December 2018, Kier Group plc (the "Company") announced
that the 33 for 50 rights issue of 64,455,707 new ordinary shares
in the capital of the Company ("Ordinary Shares") at 409 pence per
Ordinary Share (the "Rights Issue") had closed for acceptances at
11:00 a.m. (London time) on 19 December 2018.
Certain of the Company's directors and persons discharging
managerial responsibilities ("PDMRs") hold options to acquire, or
awards of, Ordinary Shares under certain of the Company's share
schemes.
On 29 May 2019, the Company's board of directors approved
adjustments to the maximum numbers of Ordinary Shares held under
the share schemes and, for the Kier Group plc 2006 Sharesave Scheme
and the Kier Group plc Sharesave Scheme 2016 (together the
"Sharesave Schemes"), adjustments to the option price of the share
options held under the Sharesave Schemes, in each case to reflect
the effect of the Rights Issue.
Details of the adjusted options and awards are as follows:
Sharesave Schemes
Director / PDMR name Adjusted Adjusted Exercise period
number exercise
of Ordinary price per
Shares(1) Ordinary
Share (pence)
1 December 2018 - 31
Mr B E J Dew 1,596 1,127.16 May 2019
------------- --------------- ----------------------
Mr M F Jones (PDMR) 638 1,127.16 1 December 2018 - 31
May 2019
931 966.00 1 December 2020 - 31
May 2021
------------- --------------- ----------------------
1 December 2020 - 31
Mr S D Martle (PDMR) 931 966.00 May 2021
------------- --------------- ----------------------
Mrs P J W Prongué 472 1,127.16 1 December 2018 - 31
(PDMR) May 2019
322 1,135.02 1 December 2019 - 31
May 2020
931 966.00 1 December 2020 - 31
May 2021
703 756.68 1 December 2021 - 31
May 2022
------------- --------------- ----------------------
(1) Assumes that each participant continues to save at the
current rate for the full savings period.
Kier Group plc Conditional Share Award Plan 2017
PDMR name Adjusted number of Expected vesting date
Ordinary Shares
Mr M F Jones 8,013 23 October 2020
10,658 22 October 2021
------------------- ----------------------
Mr S D Martle 8,487 23 October 2020
10,539 22 October 2021
------------------- ----------------------
Mrs P J W Prongué 5,297 23 October 2020
11,084 22 October 2021
------------------- ----------------------
Mr H E E Raven 10,821 23 October 2020
13,440 22 October 2021
------------------- ----------------------
This announcement should be read in conjunction with the
announcements of PDMR participation in the Rights Issue which were
made on 17, 18 and 20 December 2018.
The following notifications are made in accordance with the
requirements of Article 19(3) of the EU Market Abuse Regulation.
The Company's Legal Entity Identifier ("LEI") is
2138002RKCU2OM4Y7O48.
For enquiries please contact:
Beth Melges
Deputy Company Secretary
Tel: +44(0)1767 640 111
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Bev Dew
=========================================== ==================================================
2 Reason for the notification
===============================================================================================
a) Position / status Group Finance Director
=========================================== ==================================================
b) Initial notification Initial notification
/ Amendment
=========================================== ==================================================
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 Adjustment to options held under the
Kier Group plc 2006 Sharesave Scheme
to reflect the effect of the Rights
Issue which closed on 19 December
2018.
=========================================== ==================================================
c) Price(s) and volume(s) Price(s) Volume(s)
GBP n/a 27
----------
=========================================== ==================================================
d) Aggregated information
* Aggregated volume 27 shares
n/a per share
* Price
=========================================== ==================================================
e) Date of the transaction 2019-05-29
=========================================== ==================================================
f) Place of the transaction Outside a trading venue
=========================================== ==================================================
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Marcus Jones
========================================= ====================================================
2 Reason for the notification
===============================================================================================
a) Position / status Finance Director Operations
========================================= ====================================================
b) Initial notification Initial notification
/ Amendment
========================================= ====================================================
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 Adjustment to options held under the
Kier Group plc 2006 Sharesave Scheme
and the Kier Group plc Sharesave Scheme
2016 to reflect the effect of the
Rights Issue which closed on 19 December
2018.
========================================= ====================================================
c) Price(s) and volume(s) Price(s) Volume(s)
GBP n/a 11
----------
GBP n/a 16
----------
========================================= ====================================================
d) Aggregated information
* Aggregated volume 27 shares
n/a per share
* Price
========================================= ====================================================
e) Date of the transaction 2019-05-29
========================================= ====================================================
f) Place of the transaction Outside a trading venue
========================================= ====================================================
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Simon Martle
=========================================== ==================================================
2 Reason for the notification
===============================================================================================
a) Position / status Group Financial Controller
=========================================== ==================================================
b) Initial notification Initial notification
/ Amendment
=========================================== ==================================================
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 Adjustment to options held under the
Kier Group plc Sharesave Scheme 2016
to reflect the effect of the Rights
Issue which closed on 19 December
2018.
=========================================== ==================================================
c) Price(s) and volume(s) Price(s) Volume(s)
GBP n/a 16
----------
=========================================== ==================================================
d) Aggregated information
* Aggregated volume 16 shares
n/a per share
* Price
=========================================== ==================================================
e) Date of the transaction 2019-05-29
=========================================== ==================================================
f) Place of the transaction Outside a trading venue
=========================================== ==================================================
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Phillippa Prongué
========================================= ====================================================
2 Reason for the notification
===============================================================================================
a) Position / status Group Strategy & Corporate Development
Director
========================================= ====================================================
b) Initial notification Initial notification
/ Amendment
========================================= ====================================================
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 Adjustment to options held under the
Kier Group plc 2006 Sharesave Scheme
and the Kier Group plc Sharesave Scheme
2016 to reflect the effect of the
Rights Issue which closed on 19 December
2018.
========================================= ====================================================
c) Price(s) and volume(s) Price(s) Volume(s)
GBP n/a 8
----------
GBP n/a 5
----------
GBP n/a 16
----------
GBP n/a 12
----------
========================================= ====================================================
d) Aggregated information
* Aggregated volume 41 shares
n/a per share
* Price
========================================= ====================================================
e) Date of the transaction 2019-05-29
========================================= ====================================================
f) Place of the transaction Outside a trading venue
========================================= ====================================================
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Marcus Jones
========================================== ===================================================
2 Reason for the notification
===============================================================================================
a) Position / status Finance Director Operations
========================================== ===================================================
b) Initial notification Initial notification
/ Amendment
========================================== ===================================================
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 Adjustment to share awards held under
the Kier Group plc Conditional Share
Award Plan 2017 to reflect the effect
of the Rights Issue which closed on
19 December 2018.
========================================== ===================================================
c) Price(s) and volume(s) Price(s) Volume(s)
GBP n/a 138
----------
GBP n/a 184
----------
========================================== ===================================================
d) Aggregated information
* Aggregated volume 322 shares
n/a per share
* Price
========================================== ===================================================
e) Date of the transaction 2019-05-29
========================================== ===================================================
f) Place of the transaction Outside a trading venue
========================================== ===================================================
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Simon Martle
========================================== ===================================================
2 Reason for the notification
===============================================================================================
a) Position / status Group Financial Controller
========================================== ===================================================
b) Initial notification Initial notification
/ Amendment
========================================== ===================================================
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 Adjustment to share awards held under
the Kier Group plc Conditional Share
Award Plan 2017 to reflect the effect
of the Rights Issue which closed on
19 December 2018.
========================================== ===================================================
c) Price(s) and volume(s) Price(s) Volume(s)
GBP n/a 146
----------
GBP n/a 182
----------
========================================== ===================================================
d) Aggregated information
* Aggregated volume 328 shares
n/a per share
* Price
========================================== ===================================================
e) Date of the transaction 2019-05-29
========================================== ===================================================
f) Place of the transaction Outside a trading venue
========================================== ===================================================
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Phillippa Prongué
========================================== ===================================================
2 Reason for the notification
===============================================================================================
a) Position / status Group Strategy & Corporate Development
Director
========================================== ===================================================
b) Initial notification Initial notification
/ Amendment
========================================== ===================================================
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 Adjustment to share awards held under
the Kier Group plc Conditional Share
Award Plan 2017 to reflect the effect
of the Rights Issue which closed on
19 December 2018.
========================================== ===================================================
c) Price(s) and volume(s) Price(s) Volume(s)
GBP n/a 91
----------
GBP n/a 191
----------
========================================== ===================================================
d) Aggregated information
* Aggregated volume 282 shares
n/a per share
* Price
========================================== ===================================================
e) Date of the transaction 2019-05-29
========================================== ===================================================
f) Place of the transaction Outside a trading venue
========================================== ===================================================
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Hugh Raven
========================================== ===================================================
2 Reason for the notification
===============================================================================================
a) Position / status General Counsel and Company Secretary
========================================== ===================================================
b) Initial notification Initial notification
/ Amendment
========================================== ===================================================
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 Adjustment to share awards held under
the Kier Group plc Conditional Share
Award Plan 2017 to reflect the effect
of the Rights Issue which closed on
19 December 2018.
========================================== ===================================================
c) Price(s) and volume(s) Price(s) Volume(s)
GBP n/a 187
----------
GBP n/a 232
----------
========================================== ===================================================
d) Aggregated information
* Aggregated volume 419 shares
n/a per share
* Price
========================================== ===================================================
e) Date of the transaction 2019-05-29
========================================== ===================================================
f) Place of the transaction Outside a trading venue
========================================== ===================================================
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHALMATMBMTBIL
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