National Express Group PLC Transaction in Own Shares (6161M)
October 14 2016 - 11:10AM
UK Regulatory
TIDMNEX
RNS Number : 6161M
National Express Group PLC
14 October 2016
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 1,596,500 ordinary shares of 5 pence
each in the capital of the Company ("Shares") on Thursday 13
October at an average price of 354.0138 pence per Share. An
additional 150,000 shares were purchased on Friday 14 October at a
price of 355.89 pence per share.
Immediately following the above transactions, the EBT held
2,261,698 shares, representing approximately 0.44% 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
Dianne Robinson
Assistant Company Secretary
Tel: 0121 460 8629
14 October 2016
This information is provided by RNS
The company news service from the London Stock Exchange
END
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