Director/PDMR Shareholding
Updated : 19:17
17 MARCH 2023
KIER GROUP PLC
Notification of transaction by person discharging managerial responsibilities
Kier Group plc (the "Company") announces that on 16 March 2023, Ms Alpna Amar, a person discharging managerial responsibilities ("PDMR"), was allocated 49,018 ordinary shares of 1p each in the capital of the Company ("Shares"), as a result of the vesting of awards made to her in March 2020 under the Kier Group plc 2010 Long-Term Incentive Plan (the "LTIP Vesting").
The Shares represent the vested Shares allocated to Ms Amar following deductions for income tax and national insurance contributions due on release of the Shares.
For tax purposes, the market value of a Share for LTIP vesting was £0.672, being the closing price of a Share on 15 March 2023. No consideration was paid for the acquisition of these Shares.
The LTIP Vesting was subject to the satisfaction of certain performance criteria over a three-year performance period which ran from 1 July 2019 to 30 June 2022.
The following notification is 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.
For enquiries please contact:
Jaime Tham
Company Secretary
07801 975672
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Alpna Amar | |||||
2 | Reason for the notification | ||||||
a) | Position / status | Corporate Development 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 1p in Kier Group plc
GB0004915632 | |||||
b) | Nature of the transaction
| Allocation of ordinary shares following the vesting of awards made under the Kier Group plc 2010 Long-Term Incentive Plan. The awards were granted on 16 March 2020 for nil consideration. | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
49,018 ordinary shares Nil
| |||||
e) | Date and time of the transaction | 2023-03-16 | |||||
f) | Place of the transaction
| Outside a trading venue | |||||
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