TIDMCOST

RNS Number : 1011R

Costain Group PLC

02 November 2021

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 GBP3.169 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 GBP0.539 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         INITIAL NOTIFICATION 
       / amendment 
     ---------------------------  ------------------------------------------------ 
 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            ORDINARY SHARES OF 50 PENCE EACH 
       instrument, 
       type of instrument          ISIN: GB00B64NSP76 
       Identification 
       code 
     -------------------------  -------------------------------------------------- 
 b)   Nature of the              PURCHASE OF 8,093 SHARES 
       transaction 
     -------------------------  -------------------------------------------------- 
 c)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                   GBP0.539    8,093 
                                              ---------- 
     -------------------------  -------------------------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume     N/A 
 
 
        *    Price 
     -------------------------  -------------------------------------------------- 
 e)   Date of the                01 NOVEMBER 2021 
       transaction 
     -------------------------  -------------------------------------------------- 
 f)   Place of the               LONDON STOCK EXCHANGE 
       transaction 
     -------------------------  -------------------------------------------------- 
 
 

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 
 Tim Rowntree, Peter Hewer            costain@mhpc.com 
 

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END

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November 02, 2021 09:33 ET (13:33 GMT)

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