National Express Group PLC Transaction in Own Shares (7485E)
November 05 2015 - 10:25AM
UK Regulatory
TIDMNEX
RNS Number : 7485E
National Express Group PLC
05 November 2015
EMPLOYEE BENEFIT TRUST
National Express Group PLC (the "Company") announces that it has
been notified today that First Names Corporate Services Limited, as
trustee of the National Express Group PLC Employee Benefit Trust
(the "EBT"), has purchased 2,000,000 ordinary shares of 5 pence
each in the capital of the Company ("Shares") at an average price
of 311.8755 pence per Share.
Immediately following the above transaction, the EBT held
2,496,087 shares, representing approximately 0.49% of the Company's
issued share capital. It is anticipated that all Shares held by the
EBT will ultimately be used to satisfy awards and options granted
under the Company's various share incentive arrangements.
The Executive Directors, namely, Dean Finch and Matthew Ashley,
are included in the class of potential beneficiaries of the EBT and
are deemed to be interested in the Shares and the dealings
thereof.
ENQUIRIES
For further information please contact:
National Express Group PLC
Sandra Forbes,
Group General Counsel & Company Secretary
020 7805 3808
5 November 2015
This information is provided by RNS
The company news service from the London Stock Exchange
END
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