RNS Number : 4046O
Costain Group PLC
04 November 2016
 

 

 

Costain Group PLC

(the "Company")

 

 

 

COSTAIN GROUP PLC SHARESAVE PLAN - 

EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SHARES

BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR")

 

The Company announces that options to subscribe for ordinary shares with a nominal value of 50 pence each in the capital of the Company (the "Shares"), granted to eligible employees on 30 September 2013 under the Costain Group PLC employee Sharesave Plan, matured with effect from 01 November 2016 and that the following Executive Directors (each being a PDMR) have exercised their options as shown in the table below.

 

Each Executive Director has given instructions to sell all of the 1,689 Shares received following the exercise of his Options and these were sold between 01 November 2016 and 04 November 2016 as detailed below.

 

Name of

Executive

Director

(PDMR)

Maximum number of Shares held under Option*

 

Subscription Price on Exercise of Option**

 (determined at time of offer)

Date  Option

Matured

Number of Options Exercised

Date Shares Allotted following Exercise of Option

Number of Shares Sold between 01 and 04 November 2016

 

Total holding of Shares by PDMR (following exercise of Option and sale of Shares)

 

 

Andrew Wyllie

 

 

 

1,689

 

206.55p

 

01 November 2016

 

 

1,689

 

01 November 2016

 

1,689

 

406,508

 

Anthony Bickerstaff

 

 

1,689

 

206.55p

 

01 November 2016

 

 

1,689

 

01 November 2016

 

1,689

 

224,826

 

 

*     adjusted from 1,572 following a capital raising by the Company in March 2014

 

* *  adjusted from 222p following a capital raising by the Company in March 2014

 

 

 

 

 

 

The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

 

Notification of Dealing Form

 

1.

Details of the Person Discharging Managerial Responsibility ("PDMR") / person closely associated with them ("PCA")

a)

Name

ANDREW WYLLIE

2.

Reason for the notification

a)

Position /status

CHIEF EXECUTIVE

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

COSTAIN GROUP PLC

b)

LEI code

N/A

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 50 PENCE EACH

 

ISIN:  GB00B64NSP76

b)

Nature of the transaction

EXERCISE OF 1,689 OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

(SUBSCRIPTION PRICE ON EXERCISE OF OPTION: £2.0655)

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.0655

1,689

 

 

 

d)

Aggregated information

-  Aggregated volume

-  Price

 

N/A

e)

Date of the transaction

 

01 NOVEMBER 2016

f)

Place of the transaction

 

OUTSIDE A TRADING VENUE

 

 

 

 

Notification of Dealing Form

 

1.

Details of the Person Discharging Managerial Responsibility ("PDMR") / person closely associated with them ("PCA")

a)

Name

ANDREW WYLLIE

2.

Reason for the notification

a)

Position /status

CHIEF EXECUTIVE

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

COSTAIN GROUP PLC

b)

LEI code

N/A

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 50 PENCE EACH

 

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£3.72

570

 

 

 

d)

Aggregated information

-  Aggregated volume

-  Price

 

N/A

e)

Date of the transaction

 

01 NOVEMBER 2016

f)

Place of the transaction

 

LONDON STOCK EXCHANGE

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 50 PENCE EACH

 

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£3.67

207

 

 

d)

Aggregated information

-  Aggregated volume

-  Price

 

N/A

e)

Date of the transaction

 

02 NOVEMBER 2016

f)

Place of the transaction

 

LONDON STOCK EXCHANGE

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 50 PENCE EACH

 

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£3.53

321

 

 

 

d)

Aggregated information

-  Aggregated volume

-  Price

 

N/A

e)

Date of the transaction

 

03 NOVEMBER 2016

f)

Place of the transaction

 

LONDON STOCK EXCHANGE

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 50 PENCE EACH

 

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£3.44

591

 

 

 

d)

Aggregated information

-  Aggregated volume

-  Price

 

N/A

e)

Date of the transaction

 

04 NOVEMBER 2016

f)

Place of the transaction

 

LONDON STOCK EXCHANGE

 

Notification of Dealing Form

 

1.

Details of the Person Discharging Managerial Responsibility ("PDMR") / person closely associated with them ("PCA")

a)

Name

ANTHONY OLIVER BICKERSTAFF

2.

Reason for the notification

a)

Position /status

GROUP FINANCE DIRECTOR

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

COSTAIN GROUP PLC

b)

LEI code

N/A

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 50 PENCE EACH

 

ISIN:  GB00B64NSP76

b)

Nature of the transaction

EXERCISE OF 1,689 OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

(SUBSCRIPTION PRICE ON EXERCISE OF OPTION: £2.0655)

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.0655

1,689

 

 

 

d)

Aggregated information

-  Aggregated volume

-  Price

 

N/A

e)

Date of the transaction

 

01 NOVEMBER 2016

f)

Place of the transaction

 

OUTSIDE A TRADING VENUE

 

Notification of Dealing Form

 

1.

Details of the Person Discharging Managerial Responsibility ("PDMR") / person closely associated with them ("PCA")

a)

Name

ANTHONY BICKERSTAFF

2.

Reason for the notification

a)

Position /status

GROUP FINANCE DIRECTOR

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

COSTAIN GROUP PLC

b)

LEI code

N/A

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 50 PENCE EACH

 

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£3.72

570

d)

Aggregated information

-  Aggregated volume

-  Price

 

N/A

e)

Date of the transaction

 

01 NOVEMBER

f)

Place of the transaction

 

LONDON STOCK EXCHANGE

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 50 PENCE EACH

 

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£3.67

207

d)

Aggregated information

-  Aggregated volume

-  Price

 

N/A

e)

Date of the transaction

 

02 NOVEMBER

f)

Place of the transaction

 

LONDON STOCK EXCHANGE

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 50 PENCE EACH

 

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£3.53

321

d)

Aggregated information

-  Aggregated volume

-  Price

 

N/A

e)

Date of the transaction

 

03 NOVEMBER

f)

Place of the transaction

 

LONDON STOCK EXCHANGE

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 50 PENCE EACH

 

ISIN:  GB00B64NSP76

b)

Nature of the transaction

SALE OF SHARES FOLLOWING THE EXERCISE OF OPTIONS UNDER THE COMPANY'S SHARESAVE PLAN

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£3.44

591

 

 

 

d)

Aggregated information

-  Aggregated volume

-  Price

 

N/A

e)

Date of the transaction

 

04 NOVEMBER 2016

f)

Place of the transaction

 

LONDON STOCK EXCHANGE

 

  04 November 2016

 

  Enquiries:

Costain Group PLC                                                                                            Tel: 01628 842444
Tracey Wood

Company Secretary

 

Instinctif Partners

                           Tel: 020 7457 2020

Mark Garraway

Helen Tarbet

James Gray

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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