TIDMCOST

RNS Number : 1926S

Costain Group PLC

04 November 2019

Costain Group PLC

(the "Company")

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 GBP2.79 per share.

Accordingly, the Company announces that Anthony Bickerstaff purchased 2,010 shares on 1 November 2019 at a price of GBP1.7115 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

 
 1.   Details of the Person Discharging Managerial Responsibility 
       ("PDMR") / person closely associated with them ("PCA") 
 a)   Name                               ANTHONY OLIVER BICKERSTAFF 
     ---------------------------------  ------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position /status                     GROUP FINANCE DIRECTOR 
     -----------------------------------  ----------------------------------- 
 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 2,010 SHARES 
       transaction 
     ---------------------------------  ------------------------------------- 
 c)   Price(s) and                        Price(s)     Volume(s) 
       volume(s)                           GBP1.7115    2,010 
                                                       ---------- 
     ---------------------------------  ------------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume             N/A 
 
 
        *    Price 
     ---------------------------------  ------------------------------------- 
 e)   Date of the 
       transaction                         01 NOVEMBER 2019 
     ---------------------------------  ------------------------------------- 
 f)   Place of the                       LONDON STOCK EXCHANGE 
       transaction 
     ---------------------------------  -------------------------------------

4 November 2019

Enquiries:

Costain Group PLC Tel: 01628 842444

Tracey Wood

Company Secretary

 
 Instinctif Partners                             Tel: 020 7457 2020 
 Mark Garraway 
  James Gray

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 rns@lseg.com or visit www.rns.com.

END

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November 04, 2019 09:09 ET (14:09 GMT)

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