11 NOVEMBER 2016
KIER GROUP PLC
Notification of transactions by persons discharging managerial responsibilities
Grant of options under the Kier Group plc Sharesave Scheme 2016 (the "Sharesave Scheme 2016")
Kier Group plc (the "Company") announces that it was informed on 10 November 2016 that, on 8 November 2016, grants of options were made to the director and person discharging managerial responsibilities ("PDMR") under the Company's Sharesave Scheme 2016 as follows:
Name
Number of Sharesave options
Marcus Jones (PDMR)
779
Claudio Veritiero
The savings contract will commence on 1 December 2016 and the share price applicable to the options is £11.55.
These options 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 1 December 2019.
The following notifications are made in accordance with the requirements of the EU Market Abuse Regulation.
For enquiries please contact:
Beth Melges
Deputy Company Secretary
Tel: +44(0)1767 640 111
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Marcus Jones
2
Reason for the notification
Position / status
Finance Director - Construction and Infrastructure Services
b)
Initial notification / Amendment
Initial notification
3
Details of issuer
Kier Group plc
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
Description of the financial instrument, type of instrument
Identification code
Options over ordinary shares in Kier Group plc
GB0004915632
Nature of the transaction
Options granted on 8 November 2016 under the Kier Group plc Sharesave Scheme 2016 at an option price of £11.55 per share
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.00
d)
Aggregated information
- Aggregated volume
- Price
e)
Date and time of the transaction
2016-11-08
f)
Place of the transaction
Outside a trading venue
Executive Director - Group Strategy & Corporate Development Director