23rd Oct 2014 17:47
KIER GROUP PLC
(the "Company")
DIRECTOR/PDMR SHAREHOLDINGS
Grant of Awards under Long-Term Incentive Plan
Kier Group plc (the "Company") announces that, on 22 October 2014, it was notified that awards of contingent rights to receive the following maximum numbers of shares in the capital of the Company had been made to the following directors and person discharging managerial responsibilities ("PDMR") under the Kier Group plc 2010 Long-Term Incentive Plan (the "Plan"), at no cost to the individuals and subject to satisfaction of the performance targets and the rules of the Plan:
Mr S Bowcott | 41,328 shares |
Mr H J Mursell | 49,574 shares |
Mr H E E Raven (PDMR) | 12,270 shares |
The price used for the purposes of calculating these awards was £15.28, being the middle market quotation of a share in the capital of the Company on 21 October 2014. These awards will not be included for the purposes of calculating the total beneficial interests of these individuals in the capital of the Company unless, and to the extent that, they vest on 22 October 2017.
This notification is made in accordance with Disclosure and Transparency Rule 3.1.4R(1)(a).
For enquiries, please contact:
Matt Armitage
Deputy Company Secretary
Kier Group plc
Tempsford Hall
Sandy
Bedfordshire
SG19 2BD
Tel: +44 (0)1767 640 111
Related Shares:
Kier