24th Oct 2011 12:11
Kier Group plc - Deferred Shares Awards
Kier Group plc (the "Company") announces that, on 21 October 2011, it was notified that, on 17 October 2011, the following directors and person discharging managerial responsibilities were allocated beneficial interests in the following number of shares in the capital of the Company:
Mr M P Sheffield | 2,580 |
Mr H J Mursell | 1,620 |
Mr S Bowcott | 1,860 |
Mr I M Lawson | 2,159 |
Mr P J Staniland (PDMR) | 282 |
The beneficial interests in these shares have been allocated to the above-named individuals as part of the Company's bonus arrangements for the financial year ended 30 June 2011. The legal title to the shares is held by the trustee of the Kier Group 1999 Employee Benefit Trust (the "Trustee"). The Trustee will hold the shares on trust for such individuals until 17 October 2014 (or such earlier date as the rules of the bonus arrangements contemplate). The price at which the beneficial interests in the shares were allocated was £13.76, being the middle market quotation of a share in the capital of the Company on 14 October 2011.
For enquiries, please contact:
Deborah Hamilton
Deputy Company Secretary
Kier Group plc
Tempsford Hall
Sandy
Bedfordshire
SG19 2BD
Tel.: 01767 640 111
Related Shares:
Kier