Costain Group PLC
(the "Company")
MARKET PURCHASE BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR")
On 24 September 2018 Alex Vaughan, chief executive officer, was granted an option over 1,396 shares (as adjusted for the capital raising completed May 2020) under the Costain Group PLC Sharesave Plan. At maturity on 1 November 2021, 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 2018 Sharesave Plan. This arrangement was made available as the option price to subscribe for shares for the 2018 Sharesave Plan was £3.169 per share (as adjusted for the capital raising).
Accordingly, the Company announces that Alex Vaughan purchased 8,093 shares on 1 November 2021 at a price of £0.539 per share. Following the purchase, Mr Vaughan has a shareholding of 247,705 shares in Costain Group PLC.
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 | 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 8,093 SHARES
| |||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price |
N/A | |||||
| e) | Date of the transaction | 01 NOVEMBER 2021 | |||||
| f) | Place of the transaction | LONDON STOCK EXCHANGE
| |||||
2 November 2021
| Enquiries: | |
| Costain Group PLC | Tel: 01628 842 444 |
| Louise Bryant, Group Communications and IR Director Sharon Harris, Company Secretary | |
| | |
| | |
| MHP Communications | Tel: 020 3128 8100 costain@mhpc.com
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