National Express Group PLC Director/PDMR Shareholding (2602Y)
May 13 2016 - 11:30AM
UK Regulatory
TIDMNEX
RNS Number : 2602Y
National Express Group PLC
13 May 2016
NATIONAL EXPRESS GROUP PLC (the 'Company')
Notification of transactions by Persons Discharging Managerial
Responsibilities ('PDMRs')
The Company has been notified of the following transactions.
On 12 May 2016 Dean Finch, Executive Director/PDMR, purchased
53,000 Ordinary shares of 5 pence each in the Company ('Shares')
which he will hold within his Self Invested Personal Pension. The
purchase price was GBP3.3095 per Share.
On the same date, Dean Finch sold 210,000 Shares from his
directly held shareholding. The sale price was GBP3.2801 per
Share.
As a result of, and including, the above transactions, the
outstanding aggregate interests held by Dean Finch in the Shares of
the Company are as follows:
Directly and beneficially owned: 137,598
---------------------------------- --------
Directly/beneficially owned and
Shares held under the Executive
Deferred Bonus Plan not subject
to performance conditions 267,148
---------------------------------- --------
In line with the Company's Remuneration Policy shareholding
requirement Executive Directors are encouraged to build up a
shareholding over a five-year period from 2015. Dean Finch has a
relevant shareholding equivalent to 150% of his base salary. This
is based on a price of GBP3.25 per Share.
Place of transaction: London
This notification is made in accordance with DTR 3.1.4 R(1).
Joy Baldry
Company Secretary
13 May 2016
Enquiries:
Maitland
Rebecca Mitchell 07951 057351
This information is provided by RNS
The company news service from the London Stock Exchange
END
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