REG - Kier Group PLC - Director/PDMR Shareholding
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RNS Number : 1375G Kier Group PLC 04 November 2025
4 November 2025
KIER GROUP PLC
Notifications of transactions by persons discharging managerial
responsibilities
Kier Group plc ("Kier" and the "Company") announces that:
i) on 31 October 2025, Ordinary shares of 1p each in the capital of
the Company ("Shares") held on trust in connection with the Company's bonus
arrangements for the financial year ended 30 June 2022 (the "Deferred Bonus")
were released to certain Persons Discharging Managerial Responsibilities
("PDMRs"); in the case of Mr Andrew Davies, all Shares held by the Trustee in
connection with the Company's bonus arrangements were released to him, due to
the cessation of his employment on his retirement as Chief Executive. Prior to
their release, legal title to the shares was held by the Trustee of the Kier
Group 1999 Employee Benefit Trust (the "Trustee"); and
ii) on 3 November 2025, Mr Stuart Togwell, PDMR, was granted share
awards under the Kier Group plc 2020 Long-Term Incentive Plan (the "LTIP")
(the "Awards"), in addition to, and on the same terms as, the awards granted
to Mr Togwell under the LTIP on 13 October 2025 (the "October Awards"). The
Awards were made to reflect Mr Togwell's appointment as Chief Executive from 1
November 2025. The Awards were made at no cost to Mr Togwell and will only
vest to the extent that certain performance conditions are satisfied by the
Company over a three-year performance period which runs from 1 July 2025 to 30
June 2028. The performance conditions relating to the Awards can be found on
page 109 of the 2025 Annual Report and Accounts. The price used for the
purpose of calculating the Awards was 204.5 pence per Share, being the average
three-month Share price prior the date of grant of the October Awards.
Details of these transactions are set out in the table below.
PDMR Number of shares released under the Deferred Bonus on 31 October 2025 Number of Awards granted under the LTIP on
3 November 2025
Mr S J Togwell(1) 50,891 198,582
Mr S J Kesterton(1) 138,761 -
Mr AOB Davies 580,692 -
Mr A W Bradshaw 19,277 -
Mr G Incutti 34,718 -
Mr L P Thomas 37,913 -
(1) Following the acquisition of these Shares, Mr Togwell and Mr Kesterton
will own 878,157 and 2,020,477 Shares, representing 0.20% and 0.45% of the
Company's issued share capital, respectively.
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 Stuart Togwell
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 Release of shares held on trust in connection with the Company's bonus
arrangements for the financial year ended 30 June 2022. Prior to their
release, legal title to the shares was held by the Trustee of the Kier Group
1999 Employee Benefit Trust.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 50,891
d) Aggregated information
- Aggregated volume 50,891 shares
- Price Nil
e) Date and time of the transaction 2025-10-31
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
50,891 shares
Nil
e)
Date and time of the transaction
2025-10-31
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 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 Grant of award over ordinary shares under the Kier Group plc 2020 Long-Term
Incentive Plan for nil consideration
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 198,582
d) Aggregated information
- Aggregated volume 198,582 shares
- Price Nil
e) Date of the transaction 2025-11-03
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
198,582 shares
Nil
e)
Date of the transaction
2025-11-03
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 Release of shares held on trust in connection with the Company's bonus
arrangements for the financial year ended 30 June 2022. Prior to their
release, legal title to the shares was held by the Trustee of the Kier Group
1999 Employee Benefit Trust.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 138,761
d) Aggregated information
- Aggregated volume 138,761 shares
- Price Nil
e) Date and time of the transaction 2025-10-31
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
138,761 shares
Nil
e)
Date and time of the transaction
2025-10-31
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Andrew Davies
2 Reason for the notification
a) Position / status PDMR
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 Release of shares held on trust in connection with the Company's bonus
arrangements for the financial years ended 30 June 2022, 30 June 2023 and 30
June 2024. Prior to their release, legal title to the shares was held by the
Trustee of the Kier Group 1999 Employee Benefit Trust.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 580,692
d) Aggregated information
- Aggregated volume 580,692 shares
- Price Nil
e) Date and time of the transaction 2025-10-31
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
580,692 shares
Nil
e)
Date and time of the transaction
2025-10-31
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 in Kier Group plc
Identification code
GB0004915632
b) Nature of the transaction Release of shares held on trust in connection with the Company's bonus
arrangements for the financial year ended 30 June 2022. Prior to their
release, legal title to the shares was held by the Trustee of the Kier Group
1999 Employee Benefit Trust.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 19,277
d) Aggregated information
- Aggregated volume 19,277 shares
- Price Nil
e) Date and time of the transaction 2025-10-31
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
19,277 shares
Nil
e)
Date and time of the transaction
2025-10-31
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 Release of shares held on trust in connection with the Company's bonus
arrangements for the financial year ended 30 June 2022. Prior to their
release, legal title to the shares was held by the Trustee of the Kier Group
1999 Employee Benefit Trust.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 34,718
d) Aggregated information
- Aggregated volume 34,718 shares
- Price Nil
e) Date and time of the transaction 2025-10-31
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
34,718 shares
Nil
e)
Date and time of the transaction
2025-10-31
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 in Kier Group plc
Identification code
GB0004915632
b) Nature of the transaction Release of shares held on trust in connection with the Company's bonus
arrangements for the financial year ended 30 June 2022. Prior to their
release, legal title to the shares was held by the Trustee of the Kier Group
1999 Employee Benefit Trust.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 37,913
d) Aggregated information
- Aggregated volume 37,913 shares
- Price Nil
e) Date and time of the transaction 2025-10-31
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
37,913 shares
Nil
e)
Date and time of the transaction
2025-10-31
f)
Place of the transaction
Outside a trading venue
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