Director/PDMR Shareholding

RNS Number : 1926S
Costain Group PLC
04 November 2019
 

 

 

Costain Group PLC

(the "Company")

 

 

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

 

On 26 September 2016 Anthony Bickerstaff, Group Finance Director, was granted an option over 1,251 shares under the Costain Group PLC Sharesave Plan. At maturity on 1 November 2019, Mr Bickerstaff 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 2016 Sharesave Plan.  This arrangement was made available as the option price to subscribe for shares for the 2016 Sharesave Plan was £2.79 per share.

 

Accordingly, the Company announces that Anthony Bickerstaff purchased 2,010 shares on 1 November 2019 at a price of £1.7115 per share. Following the purchase, Mr Bickerstaff has a shareholding of 324,147 shares in Costain Group PLC (including shares held by his spouse).

 

 

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

ANTHONY OLIVER BICKERSTAFF

2.

Reason for the notification

a)

Position /status

GROUP FINANCE DIRECTOR

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 2,010 SHARES

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£1.7115

2,010

 

 

 

d)

Aggregated information

Aggregated volume

Price

 

N/A

e)

Date of the transaction

 

01 NOVEMBER 2019

f)

Place of the transaction

LONDON STOCK EXCHANGE

 

       

 

 

4 November 2019

 

Enquiries:

Costain Group PLC                                                                                     Tel: 01628 842444
Tracey Wood

Company Secretary

 

Instinctif Partners

                           Tel: 020 7457 2020

Mark Garraway

James Gray

 

 


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