National Express Group PLC Director/PDMR Shareholding (0696Z)
March 09 2017 - 11:23AM
UK Regulatory
TIDMNEX
RNS Number : 0696Z
National Express Group PLC
09 March 2017
9 March 2017
NATIONAL EXPRESS GROUP PLC
Notification of transactions by Persons Discharging Managerial
Responsibilities ('PDMRs')
National Express Group PLC (the 'Company') announces that the
following awards of forfeitable Ordinary shares of 5 pence each in
the capital of the Company ('Shares') were made to the
under-mentioned PDMRs, both being Executive Directors, on 8 March
2017 pursuant to the rules of the National Express Group Executive
Deferred Bonus Plan ('EDBP'):
Executive Director Number of Shares
subject to the award
made under the EDBP
-------------------------- ----------------------
Dean Finch
Group Chief Executive 91,838
-------------------------- ----------------------
Matthew Ashley
Group Finance Director 31,503
-------------------------- ----------------------
No consideration was paid for the grant of the awards and no
consideration is due on the vesting of the awards. The awards will
normally vest on the first anniversary of the date of grant subject
to continued employment. In accordance with our current
Remuneration Policy, provisions exist that require the deferred
shares to be forfeited or repaid should it be necessary for the
Company to restate materially the financial results upon which the
bonus was awarded within a two-year period following the deferred
bonus being awarded.
The following disclosures are made in accordance with Article 19
of the EU Market Abuse Regulation 596/2014:
1. Details of PDMR
------------------------------------------------------ -------------------------------------
Full Name Dean Finch
-------------------------------------------------- -----------------------------------------
Position / Group Chief Executive
status
-------------------------------------------------- -----------------------------------------
Initial notification Initial notification
/ amendment
-------------------------------------------------- -----------------------------------------
2. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---------------------------------------------------------------------------------------------
Name National Express Group PLC
---------------------------------------------------- ---------------------------------------
LEI 213800A8IQEMY8PA5X34
---------------------------------------------------- ---------------------------------------
3. 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
---------------------------------------------------------------------------------------------
Description Ordinary shares of 5p each
of the financial GB0006215205
instrument
Identification
code
-------------------------------------------------- -----------------------------------------
Nature of Award of forfeitable Ordinary shares
the transaction of 5 pence each pursuant to the
rules of the National Express Group
Executive Deferred Bonus Plan
-------------------------------------------------- -----------------------------------------
Price(s) and Price(s) Volume(s)
volume(s) ----------------- ----------------
362.36 pence per 91,838 Ordinary
Ordinary share shares
----------------- ----------------
-------------------------------------------------- -----------------------------------------
Aggregated
information 91,838 Ordinary shares at 362.36
Aggregated per Ordinary share
volume Price totalling GBP332,784.
-------------------------------------------------- -----------------------------------------
Date of the 8 March 2017.
transaction
-------------------------------------------------- -----------------------------------------
Place of the Outside of a trading venue.
transaction
-------------------------------------------------- -----------------------------------------
1 Details of PDMR
------------------------------------------------------ -------------------------------------
Full Name Matthew Ashley
-------------------------------------------------- -----------------------------------------
Position / Group Finance Director
status
-------------------------------------------------- -----------------------------------------
Initial notification Initial notification
/ amendment
-------------------------------------------------- -----------------------------------------
2 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---------------------------------------------------------------------------------------------
Name National Express Group PLC
---------------------------------------------------- ---------------------------------------
LEI 213800A8IQEMY8PA5X34
---------------------------------------------------- ---------------------------------------
3 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
---------------------------------------------------------------------------------------------
Description Ordinary shares of 5p each
of the financial GB0006215205
instrument
Identification
code
-------------------------------------------------- -----------------------------------------
Nature of Award of forfeitable Ordinary shares
the transaction of 5 pence each pursuant to the
rules of the National Express Group
Executive Deferred Bonus Plan
-------------------------------------------------- -----------------------------------------
Price(s) and Price(s) Volume(s)
volume(s) ----------------- ----------------
362.36 pence per 31,503 Ordinary
Ordinary share shares
----------------- ----------------
-------------------------------------------------- -----------------------------------------
Aggregated
information 31,503 Ordinary shares at 362.36
Aggregated per Ordinary share
volume Price totalling GBP114,154.
-------------------------------------------------- -----------------------------------------
Date of the 8 March 2017.
transaction
-------------------------------------------------- -----------------------------------------
Place of the Outside of a trading venue.
transaction
-------------------------------------------------- -----------------------------------------
Name of contact and telephone number for queries:
Joy Baldry
Company Secretary
0207 805 3801
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHOKCDBABKDKNK
(END) Dow Jones Newswires
March 09, 2017 11:23 ET (16:23 GMT)
Mobico (LSE:MCG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Mobico (LSE:MCG)
Historical Stock Chart
From Apr 2023 to Apr 2024
