Director/PDMR Shareholding
Kier Group PLC announced transactions by persons discharging managerial responsibilities. On October 17, 2025, under the Share Incentive Plan, Andrew Bradshaw and Leigh Thomas each acquired 68 shares at £149.94 and received 20 free matching shares at £45.53. Additionally, on October 21, 2025, shares were allocated due to vesting from the 2020 Long-Term Incentive Plan. Andrew Davies received 916,454 shares, Simon Kesterton received 640,337 shares, Stuart Togwell received 279,578 shares, Andrew Bradshaw received 136,158 shares, Giuseppe Incutti received 169,990 shares, and Leigh Thomas received 169,990 shares. Following the LTIP Vesting, Mr. Davies, Mr. Kesterton and Mr. Togwell will own 3,321,620, 1,983,179 and 847,961 Shares, representing 0.75%, 0.45% and 0.19% of the Company's issued share capital, respectively. The market value of a Share for the LTIP Vesting was £2.22.
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- On 17 October 2025, the trustee of the Kier Group Share Incentive Plan (the "SIP") acquired ordinary shares of 1p each in the capital of the Company ("Shares") for, and allocated free matching Shares in accordance with the rules of the SIP to, certain persons discharging managerial responsibilities ("PDMRs"); and
- On 21 October 2025, certain PDMRs were allocated Shares, as a result of the vesting of awards made to them in October 2022 under the Kier Group plc 2020 Long-Term Incentive Plan (the "LTIP Vesting").
Details of these transactions are set out in the table below.
| SIP | LTIP | ||
|---|---|---|---|
| Name | Shares acquired at £2.2050 | Free matching Shares at £2.2767 | Number of Shares allocated under the Vesting |
| Mr AOB Davies 1 | n/a | n/a | 916,454 |
| Mr SJ Kesterton 1 | n/a | n/a | 640,337 |
| Mr SJ Togwell 1 | n/a | n/a | 279,578 |
| Mr AW Bradshaw | 68 | 20 | 136,158 |
| Mr G Incutti | n/a | n/a | 169,990 |
| Mr LP Thomas | 68 | 20 | 169,990 |
1 Following the LTIP Vesting, Mr Davies, Mr Kesterton and Mr Togwell will own 3,321,620, 1,983,179 and 847,961 Shares, representing 0.75%, 0.45% and 0.19% of the Company's issued share capital (excluding treasury shares), respectively.
For the LTIP Vesting, the numbers of Shares shown in the table above represent the vested Shares allocated to each PDMR following deductions for income tax and national insurance contributions due on the release of the Shares. For tax purposes, the market value of a Share for the LTIP Vesting was £2.22, being the closing price of a Share on 20 October 2025. No consideration was paid for the acquisition of these Shares. The Shares acquired by Mr Davies and Mr Kesterton under the LTIP Vesting are subject to a two-year post-vesting holding period. The LTIP Vesting was subject to the satisfaction of certain performance criteria over a three-year performance period which ran from 1 July 2022 to 30 June 2025.
The Company's Legal Entity Identifier ("LEI") is 2138002RKCU2OM4Y7O48.
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares in Kier Group plc GB0004915632 | ||||
| b) | Nature of the transaction | Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 21 October 2022 for nil consideration. | ||||
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 916,454 | ||||
| d) | Aggregated information - Aggregated volume - Price | 916,454 shares Nil | ||||
| e) | Date and time of the transaction | 2025-10-21 | ||||
| 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 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares in Kier Group plc GB0004915632 | ||||
| b) | Nature of the transaction | Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 21 October 2022 for nil consideration. | ||||
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 640,337 | ||||
| d) | Aggregated information - Aggregated volume - Price | 640,337 shares Nil | ||||
| e) | Date of the transaction | 2025-10-21 | ||||
| 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 | Group Managing Director - Construction | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| 3 | Details of issuer | |||||
| a) | Name | Kier Group plc | ||||
| b) | LEI | 2138002RKCU2OM4Y7O48 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares in Kier Group plc GB0004915632 | ||||
| b) | Nature of the transaction | Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 21 October 2022 for nil consideration. | ||||
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 279,578 | ||||
| d) | Aggregated information - Aggregated volume - Price | 279,578 shares Nil | ||||
| e) | Date of the transaction | 2025-10-21 | ||||
| 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 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 1p in Kier Group plc GB0004915632 | ||||
| b) | Nature of the transaction | Acquisition of ordinary shares under the Kier Group Share Incentive Plan | ||||
| c) | Price(s) and volume(s) |
(partnership shares) £45.53 20 (matching shares) | ||||
| d) | Aggregated information - Aggregated volume - Price | 88 ordinary shares £195.47 | ||||
| e) | Date of the transaction | 2025-10-17 | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 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 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares in Kier Group plc | ||||
| b) | Nature of the transaction | Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 21 October 2022 for nil consideration. | ||||
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 136,158 | ||||
| d) | Aggregated information - Aggregated volume - Price | 136,158 shares Nil | ||||
| e) | Date and time of the transaction | 2025-10-21 | ||||
| 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 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares in Kier Group plc GB0004915632 | ||||
| b) | Nature of the transaction | Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 21 October 2022 for nil consideration. | ||||
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 169,990 | ||||
| d) | Aggregated information - Aggregated volume - Price | 169,990 shares Nil | ||||
| e) | Date of the transaction | 2025-10-21 | ||||
| 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 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 1p in Kier Group plc GB0004915632 | ||||
| b) | Nature of the transaction | Acquisition of ordinary shares under the Kier Group Share Incentive Plan | ||||
| c) | Price(s) and volume(s) |
(partnership shares) £45.53 20 (matching shares) | ||||
| d) | Aggregated information - Aggregated volume - Price | 88 ordinary shares £195.47 | ||||
| e) | Date of the transaction | 2025-10-17 | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 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 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares in Kier Group plc GB0004915632 | ||||
| b) | Nature of the transaction | Allocation of shares following the vesting of awards made under the Kier Group plc 2020 Long-Term Incentive Plan. The awards were granted on 28 October 2021 for nil consideration. | ||||
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 169,990 | ||||
| d) | Aggregated information - Aggregated volume - Price | 169,990 shares Nil | ||||
| e) | Date of the transaction | 2025-10-21 | ||||
| f) | Place of the transaction | Outside a trading venue |
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