REG - Kier Group PLC - Director/PDMR Shareholding
22/10/2025 15:30
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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 Free matching Shares Number of Shares allocated under the Vesting
at at
£2.2050 £2.2767
Mr AOB Davies(1) n/a n/a 916,454
Mr SJ Kesterton(1) n/a n/a 640,337
Mr SJ Togwell(1) 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 Ordinary shares in Kier Group plc
Identification code
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 916,454 shares
- Price Nil
e) Date and time of the transaction 2025-10-21
f) Place of the transaction Outside a trading venue
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 Ordinary shares in Kier Group plc
Identification code
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 640,337 shares
- Price Nil
e) Date of the transaction 2025-10-21
f) Place of the transaction Outside a trading venue
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 Ordinary shares in Kier Group plc
Identification code
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 279,578 shares
- Price Nil
e) Date of the transaction 2025-10-21
f) Place of the transaction Outside a trading venue
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 Ordinary shares of 1p in Kier Group plc
Identification code
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 88 ordinary shares
- Price £195.47
e) Date of the transaction 2025-10-17
f) Place of the transaction London Stock Exchange, Main Market (XLON)
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 Ordinary shares in Kier Group plc
Identification code
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 136,158 shares
- Price Nil
e) Date and time of the transaction 2025-10-21
f) Place of the transaction Outside a trading venue
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 Ordinary shares in Kier Group plc
Identification code
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 169,990 shares
- Price Nil
e) Date of the transaction 2025-10-21
f) Place of the transaction Outside a trading venue
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 Ordinary shares of 1p in Kier Group plc
Identification code
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 88 ordinary shares
- Price £195.47
e) Date of the transaction 2025-10-17
f) Place of the transaction London Stock Exchange, Main Market (XLON)
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 Ordinary shares in Kier Group plc
Identification code
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 169,990 shares
- Price Nil
e) Date of the transaction 2025-10-21
f) Place of the transaction Outside a trading venue
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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