Director/PDMR Shareholding
Updated : 16:14
Costain Group PLC
(the "Company")
MARKET PURCHASE BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR")
On 25 September 2017 Alex Vaughan, chief executive officer, was granted an option over 1,401 shares (as adjusted from 1,319 following the capital raise completed May 2020) under the Costain Group PLC Sharesave Plan. At maturity on 1 November 2020, Mr Vaughan elected to purchase shares in the market with the proceeds of his three-year savings contract as part of a share purchase programme offered to all participants with maturing options in the 2017 Sharesave Plan. This arrangement was made available as the option price to subscribe for shares for the 2017 Sharesave Plan was £3.363 per share (as adjusted from £3.574 following the capital raise).
Accordingly, the Company announces that Alex Vaughan purchased 13,585 shares on 2 November 2020 at a price of £0.342 per share. Following the purchase, Mr Vaughan has a shareholding of 228,461 shares in Costain Group PLC.
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 | ALEXANDER JOHN VAUGHAN | ||||
2. | Reason for the notification | |||||
a) | Position /status | CHIEF EXECUTIVE OFFICER | ||||
b) | Initial notification / amendment | INITIAL NOTIFICATION | ||||
3. | Details of the Issuer | |||||
a) | Name | COSTAIN GROUP PLC | ||||
b) | LEI code | 213800PKIJBZ2EDTKC88 | ||||
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 | PURCHASE OF 13,585 SHARES
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
N/A | ||||
e) | Date of the transaction |
02 NOVEMBER 2020 | ||||
f) | Place of the transaction | LONDON STOCK EXCHANGE
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3 November 2020
Enquiries: | |
Costain Group PLC | Tel: 01628 842 444 |
Sharon Harris, Company Secretary | |
MHP Communications | Tel: 020 3128 8100 costain@mhpc.com
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