Director/PDMR Shareholding
Kier Group plc announced on March 11, 2026, that several persons discharging managerial responsibilities (PDMRs) received share awards under the 2020 Long-Term Incentive Plan on March 10, 2026, with the awards vesting based on performance conditions over a three-year period from July 1, 2025, to June 30, 2028, calculated at 227.0 pence per share. Additionally, Tom Hinton, as Chief Financial Officer, received a recruitment award of 56,003 shares, valued at 223.2 pence per share, to vest in March 2027, compensating for forfeited payments from previous employment. The grants were made at no cost to the individuals.
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Kier Group plc ("Kier" and the "Company") announces that, on 10 March 2026, certain persons discharging managerial responsibilities ("PDMRs") were granted share awards as set out below.
Kier Group plc 2020 Long-Term Incentive Plan
On 10 March 2026, share awards were granted under the Kier Group plc 2020 Long-Term Incentive Plan (the "LTIP") (the "Awards") to certain PDMRs as set out in the table below. The Awards were made at no cost to the individuals and will only vest to the extent that certain performance conditions are satisfied by the Company over a three-year performance period which runs from 1 July 2025 to 30 June 2028. The performance conditions relating to the Awards can be found on page 109 of Kier's Annual Report and Accounts 2025. The price used for the purpose of calculating the Awards was 227.0 pence per Ordinary share of 1 pence each in the capital of the Company ("Share"), being the average three-month Share price prior to the date of grant.
Details of these transactions are set out in the table below.
| PDMR | Number of Awards granted under the LTIP on 10 March 2026 |
|---|---|
| Tom Hinton | 400,881 |
| Joe Incutti | 13,736 |
| Martin Staehr | 160,840 |
Recruitment Award (UK Listing Rule 9.3.2(2))
Following the announcement of the Company's interim results for the period ended 31 December 2025, Tom Hinton was granted an award of 56,003 Shares under a Recruitment Award in accordance with UK Listing Rule 9.3.2(2) (the "Recruitment Award"). The Recruitment Award, connected to Tom's appointment as Chief Financial Officer on 1 January 2026 (the "Appointment Date"), was granted to compensate Tom for payments forfeited from his previous employment. The Recruitment Award was made at no cost to Tom and will vest in March 2027, following the announcement of the Company's interim results for the period ended 31 December 2026. Further information on the terms of the Recruitment Award will be provided in Kier's Annual Report and Accounts 2026. The price used for the purpose of calculating the Recruitment Award was 223.2 pence per Share, being the average five-day Share price prior to the Appointment Date.
The Company's Legal Entity Identifier ("LEI") is 2138002RKCU2OM4Y7O48.
| Description of Instrument | Share | |
| Identification Code | GB0004915632 | |
| Nature of the transaction | Grant of award over ordinary shares under the Kier Group plc 2020 Long-Term Incentive Plan for nil consideration | Grant of award over ordinary shares under Recruitment Award (UK Listing Rule 9.3.2(2)) for nil consideration |
| Price(s) and volume(s) | Price(s) Volume(s) Price(s) Volume(s) Nil 400,881 Nil 56,003 | |
| Aggregated information - Aggregated volume - Price | LTIP Recruitment Award 400,881 shares 56,003 shares Nil Nil | |
| Date of the transaction | 2026-03-10 | |
| Place of the transaction | Outside a trading venue | |
| Details of the issuer or emission allowance market participant | ||
| Full name of the entity | Kier Group plc | |
| Reason for the notification | ||
| Position/status | Group Managing Director - Infrastructure | |
| Initial notification/amendment | Initial Notification | |
Details of the person discharging managerial responsibilities / person closely associated
| Is this a PDMR or PCA Submission | Submission for PDMR |
| Name of natural person | Giuseppe Incutti |
| Description of Instrument | Share |
| Identification Code | GB0004915632 |
| Nature of the transaction | Grant of award over ordinary shares under the Kier Group plc 2020 Long-Term Incentive Plan for nil consideration |
| Price(s) and volume(s) | Price(s) Volume(s) Nil 13,736 |
| Aggregated information - Aggregated volume - Price | 13,736 shares Nil |
| Date of the transaction | 2026-03-10 |
| Place of the transaction | Outside a trading venue |
| Details of the issuer or emission allowance market participant | |
| Full name of the entity | Kier Group plc |
| Reason for the notification | |
| Position/status | Group Managing Director - Construction |
| Initial notification/amendment | Initial Notification |
Details of the person discharging managerial responsibilities / person closely associated
| Is this a PDMR or PCA Submission | Submission for PDMR |
| Name of natural person | Martin Staehr |
| Description of Instrument | Share |
| Identification Code | GB0004915632 |
| Nature of the transaction | Grant of award over ordinary shares under the Kier Group plc 2020 Long-Term Incentive Plan for nil consideration |
| Price(s) and volume(s) | Price(s) Volume(s) Nil 160,840 |
| Aggregated information - Aggregated volume - Price | 160,840 shares Nil |
| Date of the transaction | 2026-03-10 |
| Place of the transaction | Outside a trading venue |
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