REG - Costain Group PLC - Director/PDMR Shareholding

CostainAnnouncement

01/11/2022 16:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221101:nRSA9747Ea&default-theme=true

RNS Number : 9747E  Costain Group PLC  01 November 2022

 

 

Costain Group PLC

(the "Company")

 

 

MARKET PURCHASE BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR")

 

On 23 September 2019 Alex Vaughan, chief executive officer, was granted an
option over 1,485 shares (as adjusted for the capital raising completed May
2020) under the Costain Group PLC Sharesave Plan. At maturity on 1 November
2022, 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 2019 Sharesave Plan. This
arrangement was made available as the option price to subscribe for shares for
the 2019 Sharesave Plan was £1.114 per share (as adjusted for the capital
raising).

 

Accordingly, the Company announces that Alex Vaughan purchased 4,534 shares on
1 November 2022 at a price of £0.359 per share. Following the purchase, Mr
Vaughan has a shareholding of 252,239 shares in Costain Group PLC

 

 

The Notification of Dealing Form set out below is provided in accordance with
the requirements of the relevant 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 4,534 SHARES

 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  £0.359    4,534

 
 d)  Aggregated information

     -  Aggregated volume                                         N/A

     -  Price
 e)  Date of the transaction                                      01 NOVEMBER 2022
 f)  Place of the transaction                                     LONDON STOCK EXCHANGE

 

d)

Aggregated information

-  Aggregated volume

-  Price

 

N/A

e)

Date of the transaction

01 NOVEMBER 2022

f)

Place of the transaction

LONDON STOCK EXCHANGE

 

 

 

1 November 2022

 

 

Enquiries

 

Investors and analysts
          paul.sharma@costain.com

Paul Sharma,
Costain
+44 7867 501188

 

Financial media - Headland
  costain@headlandconsultancy.com (mailto:costain@headlandconsultancy.com)

Andy
Rivett-Carnac
+44 7968 997 365

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFSFFMFEESELF