REG - Costain Group PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">COSG.L</Origin>

CostainAnnouncement

04/11/2016 13:50

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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