MARKET PURCHASE BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR")
On 26 September 2016 Anthony Bickerstaff, Group Finance Director, was granted an option over 1,251 shares under the Costain Group PLC Sharesave Plan. At maturity on 1 November 2019, Mr Bickerstaff 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 2016 Sharesave Plan. This arrangement was made available as the option price to subscribe for shares for the 2016 Sharesave Plan was £2.79 per share.
Accordingly, the Company announces that Anthony Bickerstaff purchased 2,010 shares on 1 November 2019 at a price of £1.7115 per share. Following the purchase, Mr Bickerstaff has a shareholding of 324,147 shares in Costain Group PLC (including shares held by his spouse).
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
Details of the Person Discharging Managerial Responsibility ("PDMR") / person closely associated with them ("PCA")
ANTHONY OLIVER BICKERSTAFF
Reason for the notification
GROUP FINANCE DIRECTOR
Initial notification / amendment
Details of the Issuer
COSTAIN GROUP PLC
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
Description of the financial instrument, type of instrument
ORDINARY SHARES OF 50 PENCE EACH
Nature of the transaction
PURCHASE OF 2,010 SHARES
Price(s) and volume(s)
- Aggregated volume
Date of the transaction
01 NOVEMBER 2019
Place of the transaction
LONDON STOCK EXCHANGE
4 November 2019
Costain Group PLCTel: 01628 842444 Tracey Wood
Tel: 020 7457 2020
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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