Director/PDMR Shareholding

Kier Group PLC

01 November 2023

 

1 NOVEMBER 2023

KIER GROUP PLC

Notifications of transactions by persons discharging managerial responsibilities

Kier Group plc (the "Company") announces that:

i)        on 30 October 2023, beneficial interests in the ordinary shares of 1 pence each in the capital of the Company ("Shares") were awarded to persons discharging managerial responsibilities ("PDMRs") in connection with the Company's bonus arrangements for the financial year ended 30 June 2023 (the "Deferred Bonus"); and

ii)       on 31 October 2023, grants of options for Shares ("Sharesave Options") were made to the PDMRs and persons closely associated with them ("PCAs") under the Kier Group plc Sharesave Scheme 2016. The three-year savings contract will commence on 1 December 2023 and the share price applicable to the options is £0.90 per Share.

Details of these transactions are set out in the table below.

PDMR/PCA	Number of Shares awarded under the Deferred Bonus on 30 October 2023	Number of Sharesave Options granted on 31 October 2023
Mr A O B Davies1	151,809	3,091
Mr S J Kesterton1	106,070	3,091
Ms A Amar	24,289	n/a
Mr A W Bradshaw	25,261	3,091
Ms H Bradshaw (PCA)	n/a	3,091
Ms L Finlay	8,906	3,091
Mr G Incutti	31,537	3,091
Mr L P Thomas	31,537	n/a
Ms S Timms	9,157	2,061
Mr S J Togwell	54,667	n/a

¹ Following the acquisition of these Shares, Mr Davies and Mr Kesterton will own 1,196,238 and 828,249 Shares, representing 0.27% and 0.19% of the Company's issued share capital, respectively.

The numbers of Shares awarded under the Deferred Bonus referred to above represent the vested Shares allocated to each PDMR following deductions for income tax and national insurance contributions. For tax purposes, the market value of a Share for the Deferred Bonus was £0.995, being the closing price of a Share on 27 October 2023. No consideration was paid for the acquisition of these Shares. Legal title to the Deferred Bonus Shares will be held on trust by the Kier Group 1999 Employee Benefit Trust (the "Trustee"). The Trustee will hold the Shares on trust for such individuals until 30 October 2026 (subject to the rules of the bonus arrangements).

The following notifications are made in accordance with the requirements of Article 19(3) of the UK Market Abuse Regulation. The Company's Legal Entity Identifier ("LEI") is 2138002RKCU2OM4Y7O48.

For enquiries please contact:

Jaime Tham

Company Secretary

07801 975672

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Andrew Davies
2	Reason for the notification
a)	Position / status		Chief Executive
b)	Initial notification / Amendment		Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Award of deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 151,809
d)	Aggregated information -  Aggregated volume -  Price	151,809 shares Nil
e)	Date and time of the transaction	2023-10-30
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Andrew Davies
2	Reason for the notification
a)	Position / status		Chief Executive
b)	Initial notification / Amendment		Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Grant of options under the Kier Group plc Sharesave Scheme 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.90 3,091
d)	Aggregated information -  Aggregated volume -  Price	3,091 shares £0.90 per share
e)	Date of the transaction	2023-10-31
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Simon Kesterton
2	Reason for the notification
a)	Position / status		Chief Financial Officer
b)	Initial notification / Amendment		Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Award of deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 106,070
d)	Aggregated information -  Aggregated volume -  Price	106,070 shares Nil
e)	Date of the transaction	2023-10-30
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Simon Kesterton
2	Reason for the notification
a)	Position / status		Chief Financial Officer
b)	Initial notification / Amendment		Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Grant of options under the Kier Group plc Sharesave Scheme 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.90 3,091
d)	Aggregated information -  Aggregated volume -  Price	3,091 shares £0.90 per share
e)	Date of the transaction	2023-10-31
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Alpna Amar
2	Reason for the notification
a)	Position / status		Corporate Development Director
b)	Initial notification / Amendment		Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Award of deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 24,289
d)	Aggregated information -  Aggregated volume -  Price	24,289 shares Nil
e)	Date and time of the transaction	2023-10-30
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Bradshaw
2	Reason for the notification
a)	Position / status	Group Managing Director - Natural Resources, Nuclear & Networks
b)	Initial notification / Amendment	Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Award of deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 25,261
d)	Aggregated information -  Aggregated volume -  Price	25,261 shares Nil
e)	Date and time of the transaction	2023-10-30
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Andrew Bradshaw
2	Reason for the notification
a)	Position / status		Group Managing Director - Natural Resources, Nuclear & Networks
b)	Initial notification / Amendment		Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Grant of options under the Kier Group plc Sharesave Scheme 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.90 3,091
d)	Aggregated information -  Aggregated volume -  Price	3,091 shares £0.90 per share
e)	Date of the transaction	2023-10-31
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Hannah Bradshaw, PCA
2	Reason for the notification
a)	Position / status		PCA to PDMR
b)	Initial notification / Amendment		Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Grant of options under the Kier Group plc Sharesave Scheme 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.90 3,091
d)	Aggregated information -  Aggregated volume -  Price	3,091 shares £0.90 per share
e)	Date of the transaction	2023-10-31
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Louisa Finlay
2	Reason for the notification
a)	Position / status		Chief People Officer
b)	Initial notification / Amendment		Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Award of deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 8,906
d)	Aggregated information -  Aggregated volume -  Price	8,906  shares Nil
e)	Date and time of the transaction	2023-10-30
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Louisa Finlay
2	Reason for the notification
a)	Position / status		Chief People Officer
b)	Initial notification / Amendment		Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Grant of options under the Kier Group plc Sharesave Scheme 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.90 3,091
d)	Aggregated information -  Aggregated volume -  Price	3,091 shares £0.90 per share
e)	Date of the transaction	2023-10-31
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Giuseppe Incutti
2	Reason for the notification
a)	Position / status		Group Managing Director - Transportation
b)	Initial notification / Amendment		Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Award of deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 31,537
d)	Aggregated information -  Aggregated volume -  Price	31,537 shares Nil
e)	Date and time of the transaction	2023-10-30
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Giuseppe Incutti
2	Reason for the notification
a)	Position / status		Group Managing Director - Transportation
b)	Initial notification / Amendment		Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Grant of options under the Kier Group plc Sharesave Scheme 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.90 3,091
d)	Aggregated information -  Aggregated volume -  Price	3,091shares £0.90 per share
e)	Date of the transaction	2023-10-31
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Leigh Thomas
2	Reason for the notification
a)	Position / status		Group Managing Director - Property
b)	Initial notification / Amendment		Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Award of deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 31,537
d)	Aggregated information -  Aggregated volume -  Price	31,537 shares Nil
e)	Date and time of the transaction	2023-10-30
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Sophie Timms
2	Reason for the notification
a)	Position / status		Corporate Affairs Director
b)	Initial notification / Amendment		Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Award of deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 9,157
d)	Aggregated information -  Aggregated volume -  Price	9,157 shares Nil
e)	Date and time of the transaction	2023-10-30
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Sophie Timms
2	Reason for the notification
a)	Position / status		Corporate Affairs Director
b)	Initial notification / Amendment		Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Grant of options under the Kier Group plc Sharesave Scheme 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.90 2,061
d)	Aggregated information -  Aggregated volume -  Price	2,061 shares £0.90 per share
e)	Date of the transaction	2023-10-31
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Stuart Togwell
2	Reason for the notification
a)	Position / status		Group Managing Director - Construction
b)	Initial notification / Amendment		Initial notification
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 instrument, type of instrument Identification code	Ordinary shares in Kier Group plc GB0004915632
b)	Nature of the transaction	Award of deferred shares - allocation of beneficial interests in shares in connection with the Company's bonus arrangements for the financial year ended 30 June 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 54,667
d)	Aggregated information -  Aggregated volume -  Price	54,667 shares Nil
e)	Date and time of the transaction	2023-10-30
f)	Place of the transaction	Outside a trading venue

 

END