Director/PDMR Shareholding

RNS Number : 0305V

Costain Group PLC

03 April 2019

 

Costain Group PLC

(the "Company")

 

GRANT OF NIL COST OPTIONS

Costain announces the following grant of share awards to certain Directors of the Company.

On 3 April 2019, awards over ordinary shares of 50p each in the Company were made under the Costain Group PLC 2014 Share Deferral Plan (the "Share Deferral Plan").

The awards granted under the Share Deferral Plan are structured as options over a number of shares with a nil exercise price (the "Awards").  No consideration was paid for the grant of the Awards.

Awards were made to the following Executive Directors:

Name of Director/PDMR	Number of Shares Under the Awards
Andrew Wyllie	44,112
Anthony Bickerstaff	29,225

The Awards will become exercisable on or around the second anniversary of the date of grant subject to the Rules of the Share Deferral Plan. To the extent that all or any part of the Awards become exercisable, they will remain exercisable until the day before the tenth anniversary of the date of grant provided the individual remains an employee or officer of the Company.

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	ANDREW WYLLIE
2.	Reason for the notification
a)	Position /status		CHIEF EXECUTIVE/PDMR
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	GRANT OF 44,112 OPTIONS UNDER THE COMPANY'S 2014 SHARE DEFERRAL PLAN
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil cost 44,112
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	3 APRIL 2019
f)	Place of the transaction	OUTSIDE A TRADING VENUE

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/PDMR
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	GRANT OF 29,225 OPTIONS UNDER THE COMPANY'S 2014 SHARE DEFERRAL PLAN
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil cost 29,225
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	3 APRIL 2019
f)	Place of the transaction	OUTSIDE A TRADING VENUE

3 APRIL 2019

Enquiries:

Costain Group PLC                                                                                        Tel: [phone]
Tracey Wood

Company Secretary

Instinctif Partners	Tel: [phone]
Mark Garraway James Gray

 

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