REG - Costain Group PLC - Director/PDMR Shareholding

CostainAnnouncement

03/04/2019 14:55

RNS Number : 0305V
Costain Group PLC
03 April 2019
 


Costain Group PLC
(the "Company")
 
GRANT OF NIL COST OPTIONS
Costain announces the following grant of share awards to certain Directors of the Company.
 
On 3 April 2019, awards over ordinary shares of 50p each in the Company were made under the Costain Group PLC 2014 Share Deferral Plan (the "Share Deferral Plan").
 
The awards granted under the Share Deferral Plan are structured as options over a number of shares with a nil exercise price (the "Awards").  No consideration was paid for the grant of the Awards.
 
Awards were made to the following Executive Directors:
 



Name of Director/PDMR


Number of Shares Under the Awards




Andrew Wyllie


44,112




Anthony Bickerstaff


29,225



 
The Awards will become exercisable on or around the second anniversary of the date of grant subject to the Rules of the Share Deferral Plan. To the extent that all or any part of the Awards become exercisable, they will remain exercisable until the day before the tenth anniversary of the date of grant provided the individual remains an employee or officer of the Company.
 
 
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/PDMR




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


GRANT OF 44,112 OPTIONS UNDER THE COMPANY'S 2014 SHARE DEFERRAL PLAN
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil cost


44,112



 
 
 




d)


Aggregated information
-  Aggregated volume
-  Price


 
N/A




e)


Date of the transaction


 
3 APRIL 2019




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 OLIVER BICKERSTAFF




2.


Reason for the notification




a)


Position /status


GROUP FINANCE DIRECTOR/PDMR




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


GRANT OF 29,225 OPTIONS UNDER THE COMPANY'S 2014 SHARE DEFERRAL PLAN
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil cost


29,225



 
 
 




d)


Aggregated information
-  Aggregated volume
-  Price


 
N/A




e)


Date of the transaction


 
3 APRIL 2019




f)


Place of the transaction


 
OUTSIDE A TRADING VENUE









 
 
3 APRIL 2019
 
Enquiries:
Costain Group PLC                                                                                        Tel: 01628 842444
 Tracey Wood
Company Secretary
 



Instinctif Partners


                             Tel: 020 7457 2020




Mark Garraway
James Gray


 



 




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