18th Jun 2021 09:47
18 June 2021
KIER GROUP PLC
DIRECTOR / PDMR SHAREHOLDING
Director/PDMR participation in the Capital Raise
Kier Group plc (the "Company") announces that today, it was notified that the following acquisitions of ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") were made by certain of its directors and persons discharging managerial responsibilities ("PDMRs") and, where indicated below, their closely associated persons. These acquisitions are made pursuant to participation in the Director Subscriptions and the taking up of rights under the Open Offer, in each case at 85 pence per Ordinary Share, in connection with the Firm Placing, Placing and Open Offer and separate Director Subscriptions approved by shareholders at a general meeting held on 16 June 2021 (the "Capital Raise").
Director/PDMR name | Director Subscription shares | Open Offer and Excess shares |
Mr M J Lester | 88,235 | Nil |
Mr A O B Davies 1 | 88,235 | 41,746 |
Mr S J Kesterton 2 | 88,235 | 41,594 |
Mr J R Atkinson | 41,176 | Nil |
Mr C G Watson | 41,176 | Nil |
Mr G Incutti (PDMR) | Nil | 4,591 |
Mr B S McNicholas (PDMR) | Nil | 143,648 |
Mr M R Pengelly (PDMR)3 | Nil | 33,698 |
Mr L P Thomas (PDMR) | Nil | 6,738 |
1. Includes 64,990 shares acquired by his wife, Mrs Catherine Davies
2. Includes 87,595 shares acquired by persons closely associated with him, as detailed below
3. Includes 25,277 shares acquired by his wife, Mrs Caroline Pengelly
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.
Capitalised terms contained within this announcement and not otherwise defined have the same definitions as those contained in the Prospectus published on 13 May 2021, available on the Company website.
For enquiries please contact:
Phil Higgins
Company Secretary
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Matthew Lester | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Chairman | |||||
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 of 1 pence each in Kier Group plc
GB0004915632 | |||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
88,235 shares £0.85 per share
| |||||
e) | Date of the transaction | 2021-06-18 | |||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||
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 of 1 pence each in Kier Group plc
GB0004915632 | |||||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||||
c) | Price(s) and volume(s) |
| |||||||
d) | Aggregated information - Aggregated volume - Price |
64,991 shares £0.85 per share
| |||||||
e) | Date of the transaction | 2021-06-18 | |||||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||
a) | Name | Catherine Davies | |||||||
2 | Reason for the notification | ||||||||
a) | Position / status | PCA to Andrew Davies, 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 of 1 pence each in Kier Group plc
GB0004915632 | |||||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||||
c) | Price(s) and volume(s) |
| |||||||
d) | Aggregated information - Aggregated volume - Price |
64,990 shares £0.85 per share
| |||||||
e) | Date of the transaction | 2021-06-18 | |||||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||||
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 of 1 pence each in Kier Group plc
GB0004915632 | |||||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||||
c) | Price(s) and volume(s) |
| |||||||
d) | Aggregated information - Aggregated volume - Price |
42,234 shares £0.85 per share
| |||||||
e) | Date of the transaction | 2021-06-18 | |||||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||
a) | Name | Keren Kesterton | |||||||
2 | Reason for the notification | ||||||||
a) | Position / status | PCA to Simon Kesterton, 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 of 1 pence each in Kier Group plc
GB0004915632 | |||||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||||
c) | Price(s) and volume(s) |
| |||||||
d) | Aggregated information - Aggregated volume - Price |
17,519 shares £0.85 per share
| |||||||
e) | Date of the transaction | 2021-06-18 | |||||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||
a) | Name | Claudia Borneman | |||||||
2 | Reason for the notification | ||||||||
a) | Position / status | PCA to Simon Kesterton, 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 of 1 pence each in Kier Group plc
GB0004915632 | |||||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||||
c) | Price(s) and volume(s) |
| |||||||
d) | Aggregated information - Aggregated volume - Price |
17,519 shares £0.85 per share
| |||||||
e) | Date of the transaction | 2021-06-18 | |||||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||
a) | Name | Emily Kesterton | |||||||
2 | Reason for the notification | ||||||||
a) | Position / status | PCA to Simon Kesterton, 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 of 1 pence each in Kier Group plc
GB0004915632 | |||||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||||
c) | Price(s) and volume(s) |
| |||||||
d) | Aggregated information - Aggregated volume - Price |
17,519 shares £0.85 per share
| |||||||
e) | Date of the transaction | 2021-06-18 | |||||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||
a) | Name | Isabelle Kesterton | |||||||
2 | Reason for the notification | ||||||||
a) | Position / status | PCA to Simon Kesterton, 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 of 1 pence each in Kier Group plc
GB0004915632 | |||||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||||
c) | Price(s) and volume(s) |
| |||||||
d) | Aggregated information - Aggregated volume - Price |
17,519 shares £0.85 per share
| |||||||
e) | Date of the transaction | 2021-06-18 | |||||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||
a) | Name | Penelope Borneman | |||||||
2 | Reason for the notification | ||||||||
a) | Position / status | PCA to Simon Kesterton, 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 of 1 pence each in Kier Group plc
GB0004915632 | |||||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||||
c) | Price(s) and volume(s) |
| |||||||
d) | Aggregated information - Aggregated volume - Price |
17,519 shares £0.85 per share
| |||||||
e) | Date of the transaction | 2021-06-18 | |||||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Justin Atkinson | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Non-Executive 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 of 1 pence each in Kier Group plc
GB0004915632 | |||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
41,176 shares £0.85 per share
| |||||
e) | Date of the transaction | 2021-06-18 | |||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Clive Watson | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Non-Executive 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 of 1 pence each in Kier Group plc
GB0004915632 | |||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
41,176 shares £0.85 per share
| |||||
e) | Date of the transaction | 2021-06-18 | |||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||
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 - Highways | |||||
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 of 1 pence each in Kier Group plc
GB0004915632 | |||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
4,591 shares £0.85 per share
| |||||
e) | Date of the transaction | 2021-06-18 | |||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Barry McNicholas | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Group Managing Director - Utilities | |||||
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 of 1 pence each in Kier Group plc
GB0004915632 | |||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
143,648 shares £0.85 per share
| |||||
e) | Date of the transaction | 2021-06-18 | |||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Mark Pengelly | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Group Managing Director - Infrastructure | |||||
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 of 1 pence each in Kier Group plc
GB0004915632 | |||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
8,421 shares £0.85 per share
| |||||
e) | Date of the transaction | 2021-06-18 | |||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Caroline Pengelly | |||||
2 | Reason for the notification | ||||||
a) | Position / status | PCA to Mark Pengelly, 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 of 1 pence each in Kier Group plc
GB0004915632 | |||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
25,277 shares £0.85 per share
| |||||
e) | Date of the transaction | 2021-06-18 | |||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Leigh Thomas | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Managing Director - Kier 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 of 1 pence each in Kier Group plc
GB0004915632 | |||||
b) | Nature of the transaction
| Acquisition of shares pursuant to the Kier Group plc Capital Raise approved by shareholders on 16 June 2021 | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
6,738 shares £0.85 per share
| |||||
e) | Date of the transaction | 2021-06-18 | |||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||||
Related Shares:
Kier