FirstGroup plc
12 December 2017
Director/PDMR Shareholding
Save As Your Earn ("SAYE") Plan Grant
of Option
FirstGroup plc (the “Company”) announces that Jimmy Groombridge, Group Employee Director, has
joined the Company’s SAYE Plan contributing £80 per month from his
net salary. As a result, he has been granted today an option over
3,469 ordinary shares of 5 pence each
in the Company at an option price of 83
pence, which represents the maximum possible discount under
HM Revenue & Customs rules of 20 percent to the average
mid-market closing prices of the Company's shares taken from the
Daily Official List of the London Stock Exchange on 15, 16 and
17 November 2018.
The Group Employee Director was able to participate in the
FirstGroup SAYE Plan on exactly the same terms as all eligible
employees. The related savings contract will commence on
1 February 2018 and the options will
become exercisable from 1 February
2021.
Share Incentive Plan ("SIP") Purchase
and Award of Partnership and Matching Shares
The Company further announces that Jimmy
Groombridge has also joined the SIP, known as ‘Buy As You
Earn’ (BAYE) contributing £150 per month from his gross salary to
purchase Partnership Shares. As a result, we have been notified by
Computershare Trustees Limited, trustees of the SIP, of the
purchase on behalf of the Group Employee Director of 139 ordinary
shares of 5 pence each in the
Company. The Partnership Shares were purchased on 12 December 2017 at a price of £1.0788 per share.
In accordance with the rules of the SIP, 18 Matching Shares were
also awarded to the Group Employee Director.
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide further
detail.
In addition, the information below is provided in accordance
with the requirements of the Disclosure Guidance and Transparency
Rule (DGTR) 6.2.2AR:
Legal Entity Identifier: 549300DEJZCPWA4HKM93
Classification as per DGTR 6 Annex 1R: 2.2 Inside
information
Enquiries
Sarah Steadman
Share Schemes and Company Secretarial Assistant
020 7725 2731
Notification and
public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them
1 |
Details
of the person discharging managerial responsibilities / person
closely associated |
a) |
Name
|
Jimmy Groombridge |
2 |
Reason
for the notification |
a) |
Position/status
|
Group Employee
Director |
b) |
Initial notification
/Amendment |
Initial |
3 |
Details
of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor |
a) |
Name |
FirstGroup plc |
b) |
LEI |
549300DEJZCPWA4HKM93 |
4.1 |
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 instrument, type of instrument
Identification code |
Ordinary shares of 5p
each
GB0003452173 |
b) |
Nature of the
transaction
|
Options granted under the FirstGroup
plc Save As You Earn (SAYE) Plan |
c) |
Price(s) and
volume(s)
|
Price(s) |
Volume(s) |
£0.83 |
3,469 |
|
d) |
Aggregated
information
- Aggregated volume
- Price |
3,469
£2,880 |
e) |
Date of the transaction |
12/12/2017 |
f) |
Place of the
transaction |
Outside a trading venue |
4.2 |
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 instrument, type of instrument
Identification code |
Ordinary shares of 5p
each
GB0003452173 |
b) |
Nature of the
transaction
|
Purchase of shares
under the FirstGroup plc Share Incentive Plan (known as BAYE)
Award of Matching shares under the Share Incentive Plan (known as
BAYE) |
c) |
Price(s) and
volume(s)
|
Price(s) |
Volume(s) |
£1.0788
£0.000 |
139
18 |
|
d) |
Aggregated
information
Partnership Shares
- Aggregated volume
- Price
Matching shares
- Aggregated volume
- Price |
139
£149.95
18
£0.00 |
e) |
Date of the transaction |
12/12/2017 |
f) |
Place of the
transaction |
London Stock Exchange (XLON) |
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 |