Director/PDMR Shareholding

Kier

22/10/2025 15:17

RNS Number : 4415E

Kier Group PLC

22 October 2025

 

22 October 2025

 

KIER GROUP PLC

 

Notification of transactions by persons discharging managerial responsibilities

 

Kier Group plc (the "Company") announces that:

 

i)          On 17 October 2025, the trustee of the Kier Group Share Incentive Plan (the "SIP") acquired ordinary shares of 1p each in the capital of the Company ("Shares") for, and allocated free matching Shares in accordance with the rules of the SIP to, certain persons discharging managerial responsibilities ("PDMRs"); and

 

ii)          On 21 October 2025, certain PDMRs were allocated Shares, as a result of the vesting of awards made to them in October 2022 under the Kier Group plc 2020 Long-Term Incentive Plan (the "LTIP Vesting").

 

 Details of these transactions are set out in the table below.

 

 

SIP
LTIP
Name
Shares acquired
at
£2.2050
Free matching Shares
at
£2.2767
Number of Shares allocated under the Vesting
Mr AOB Davies1
n/a
n/a
916,454
Mr SJ Kesterton1
n/a
n/a
640,337
Mr SJ Togwell1
n/a
n/a
279,578
Mr AW Bradshaw
68
20
136,158
Mr G Incutti
n/a
n/a
169,990
Mr LP Thomas
68
20
169,990

 

1 Following the LTIP Vesting, Mr Davies, Mr Kesterton and Mr Togwell will own 3,321,620, 1,983,179 and 847,961 Shares, representing 0.75%, 0.45% and 0.19% of the Company's issued share capital (excluding treasury shares), respectively.

 

 

For the LTIP Vesting, the numbers of Shares shown in the table above represent the vested Shares allocated to each PDMR following deductions for income tax and national insurance contributions due on the release of the Shares. For tax purposes, the market value of a Share for the LTIP Vesting was £2.22, being the closing price of a Share on 20 October 2025. No consideration was paid for the acquisition of these Shares. The Shares acquired by Mr Davies and Mr Kesterton under the LTIP Vesting are subject to a two-year post-vesting holding period. The LTIP Vesting was subject to the satisfaction of certain performance criteria over a three-year performance period which ran from 1 July 2022 to 30 June 2025.

 

 

The following notifications are 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
Andrew Davies
2
Reason for the notification
a)
Position / status
Chief Executive
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 in Kier Group plc
GB0004915632
b)
Nature of the transaction
Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 21 October 2022 for nil consideration.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
916,454
d)
Aggregated information
- Aggregated volume
- Price
916,454 shares
Nil
e)
Date and time of the transaction
2025-10-21
f)
Place of the transaction
Outside a trading venue

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Simon Kesterton
2
Reason for the notification
a)
Position / status
Chief Financial Officer
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 in Kier Group plc
GB0004915632
b)
Nature of the transaction
Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 21 October 2022 for nil consideration.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
640,337
d)
Aggregated information
- Aggregated volume
- Price
640,337 shares
Nil
e)
Date of the transaction
2025-10-21
f)
Place of the transaction
Outside a trading venue

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Stuart Togwell
2
Reason for the notification
a)
Position / status
Group Managing Director - Construction
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 in Kier Group plc
GB0004915632
b)
Nature of the transaction
Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 21 October 2022 for nil consideration.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
279,578
d)
Aggregated information
- Aggregated volume
- Price
279,578 shares
Nil
e)
Date of the transaction
2025-10-21
f)
Place of the transaction
Outside a trading venue

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrew Bradshaw
2
Reason for the notification
a)
Position / status
Group Managing Director - Natural Resources, Nuclear & Networks
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
Acquisition of ordinary shares under the Kier Group Share Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£149.94
68 (partnership shares)
£45.53
20 (matching shares)
d)
Aggregated information
- Aggregated volume
- Price
88 ordinary shares
£195.47
e)
Date of the transaction
2025-10-17
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrew Bradshaw
2
Reason for the notification
a)
Position / status
Group Managing Director - Natural Resources, Nuclear & Networks
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 in Kier Group plc
b)
Nature of the transaction
Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 21 October 2022 for nil consideration.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
136,158
d)
Aggregated information
- Aggregated volume
- Price
136,158 shares
Nil
e)
Date and time of the transaction
2025-10-21
f)
Place of the transaction
Outside a trading venue

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Giuseppe Incutti
2
Reason for the notification
a)
Position / status
Group Managing Director - Transportation
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 in Kier Group plc
GB0004915632
b)
Nature of the transaction
Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 21 October 2022 for nil consideration.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
169,990
d)
Aggregated information
- Aggregated volume
- Price
169,990 shares
Nil
e)
Date of the transaction
2025-10-21
f)
Place of the transaction
Outside a trading venue

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Leigh Thomas
2
Reason for the notification
a)
Position / status
Group Managing Director - Property
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
Acquisition of ordinary shares under the Kier Group Share Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£149.94
68 (partnership shares)
£45.53
20 (matching shares)
d)
Aggregated information
- Aggregated volume
- Price
88 ordinary shares
£195.47
e)
Date of the transaction
2025-10-17
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Leigh Thomas
2
Reason for the notification
a)
Position / status
Group Managing Director - Property
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 in Kier Group plc
GB0004915632
b)
Nature of the transaction
Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 28 October 2021 for nil consideration.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
169,990
d)
Aggregated information
- Aggregated volume
- Price
169,990 shares
Nil
e)
Date of the transaction
2025-10-21
f)
Place of the transaction
Outside a trading venue

 

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