FirstGroup PLC Director/PDMR Shareholding
December 12 2017 - 11:00AM
UK Regulatory
TIDMFGP
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 GBP80 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 GBP150 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 GBP1.0788 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 / Initial
Amendment
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 Ordinary shares of 5p each
financial instrument,
type of instrument
GB0003452173
Identification code
b) Nature of the Options granted under the FirstGroup plc
transaction Save As You Earn (SAYE) Plan
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.83 3,469
d) Aggregated information
- Aggregated volume 3,469
- Price GBP2,880
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 Ordinary shares of 5p each
financial instrument,
type of instrument
GB0003452173
Identification code
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)
GBP1.0788 139
GBP0.000 18
d) Aggregated information
Partnership Shares
- Aggregated volume 139
- Price GBP149.95
Matching shares
- Aggregated volume 18
- Price GBP0.00
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
END
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