KIER GROUP PLC
(the "Company")
DIRECTOR / PDMR SHAREHOLDINGS
PDMR participation in the Rights Issue
The Company announces that, on 3 June 2015, it was notified that the following acquisitions of ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") were made by certain of its persons discharging managerial responsibilities ("PDMRs") and, where indicated below, their connected persons pursuant to the Company's 5 for 7 rights issue of 39,646,692 new Ordinary Shares at 858 pence per Ordinary Share announced on 28 April 2015 (the "Rights Issue"):
Name |
Ordinary Shares acquired pursuant to the Rights Issue |
Total beneficial holdings of Ordinary Shares following the Rights Issue |
Mr D N Benson |
972 |
2,334 |
Mr N P Brook |
2,749 |
10,940 |
Mr B E J Dew |
3 |
762(1) |
Mr A J Gordon-Stewart |
264 |
1,343 |
Mr H J Mursell(2) |
11,662 |
36,133 |
Mr P J Pethica(3) |
1,889 |
6,776 |
Mr H E E Raven |
2,545 |
8,971 |
Mr N A Turner(4) |
3,977 |
24,231 |
Mr C Veritiero |
3,242 |
8,208 |
Mr P M White(5) |
1,814 |
4,354 |
Mr N P Winser |
2,499 |
5,999 |
(1) Includes 746 Ordinary Shares acquired pursuant to the placing of the rump under the Rights Issue - please see below for further details.
(2) Includes 10,680 Ordinary Shares held by his connected person, Mrs K E Mursell, who acquired 4,450 Ordinary Shares pursuant to the Rights Issue.
(3) Includes 775 Ordinary Shares held by his connected person, Mrs K Pethica, who acquired 148 Ordinary Shares pursuant to the Rights Issue.
(4) Includes 7,109 Ordinary Shares held by his connected person, Mrs J Turner, who acquired 1,464 Ordinary Shares pursuant to the Rights Issue.
(5) Includes 1,320 Ordinary Shares held by his connected person, Mrs C White, who acquired 550 Ordinary Shares pursuant to the Rights Issue.
PDMR acquisitions of Ordinary Shares pursuant to the placing of the rump under the Rights Issue
The Company was also notified on 3 June 2015 that the following acquisitions of Ordinary Shares were made by certain of its PDMRs and, where indicated below, their connected persons, as part of the placing of (i) Ordinary Shares not validly taken up in the Rights Issue and (ii) aggregated fractional entitlements to Ordinary Shares under the Rights Issue:
Name |
Number of Ordinary Shares acquired pursuant to the placing of the rump under the Rights Issue |
Price per Ordinary Share (pence) |
Total beneficial holdings of Ordinary Shares following the Rights Issue |
Mr R C Bailey |
2,660(1) |
1,340 |
2,660 |
Mrs A K Bashforth |
1,119 |
1,340 |
1,119 |
Mr B E J Dew |
746 |
1,340 |
762 |
Mrs A J Mellor |
1,492 |
1,340 |
1,492 |
(1) Includes 1,140 Ordinary Shares acquired by his connected person, Mrs H J Bailey.
Adjustments to Sharesave Scheme options
Certain PDMRs have interests in options over Ordinary Shares under the Kier 2006 Sharesave Scheme. As contemplated by the Prospectus, adjustments have been made to the terms of these outstanding options to take account of the Rights Issue. Details of the adjusted options are:
Name |
Adjusted number of Ordinary Shares (1) |
Adjusted exercise price per Ordinary Share (pence) |
Exercise period |
Mr N P Brook |
1,072 |
839 |
1 July 2015 - 31 December 2015 |
|
775 |
1,159 |
1 December 2017 - 31 May 2018 |
Mr N A Turner |
1,072 |
839 |
1 July 2015 - 31 December 2015 |
Mr C Veritiero |
1,072 |
839 |
1 July 2016 - 31 December 2016 |
|
775 |
1,159 |
1 December 2017 - 31 May 2018 |
Mr A J Gordon-Stewart |
1,072 |
839 |
1 July 2015 - 31 December 2015 |
|
775 |
1,159 |
1 December 2017 - 31 May 2018 |
Mr D N Benson |
1,072 |
839 |
1 July 2016 - 31 December 2016 |
Mr H E E Raven |
1,552 |
1,159 |
1 December 2017 - 31 May 2018 |
Mr P J Pethica |
213 |
839 |
1 July 2015 - 31 December 2015 |
|
1,397 |
1,159 |
1 December 2017 - 31 May 2018 |
(1) Assumes that each participant continues to save at the current rate for the full savings period.
This notification is made in accordance with Disclosure and Transparency Rule 3.1.4R(1)(a).
For enquiries, please contact:
Matthew Armitage
Deputy Company Secretary
Kier Group plc
Tempsford Hall
Sandy
Bedfordshire
SG19 2BD
Tel: +44 (0)1767 640 111
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