National Express Group PLC Transaction in Own Shares (9108Y)
March 08 2017 - 10:41AM
UK Regulatory
TIDMNEX
RNS Number : 9108Y
National Express Group PLC
08 March 2017
8 March 2017
National Express Group PLC (the 'Company')
EMPLOYEE BENEFIT TRUST
National Express Group PLC 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"),
purchased 550,000 ordinary shares of 5 pence each in the capital of
the Company ("Shares") on Monday 6 March 2017 at an average price
of 362.668 pence per share. An additional 150,000 shares were
purchased on Tuesday 7 March 2017 at an average price of 366.12
pence per share.
Immediately following the above transactions, the EBT held
2,956,517 shares, representing approximately 0.58% 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
Joy Baldry
Company Secretary
Tel: 020 7805 3801
This information is provided by RNS
The company news service from the London Stock Exchange
END
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