Go-Ahead Group PLC Director/PDMR Shareholding (1783U)

TIDMGOG

RNS Number : 1783U

Go-Ahead Group PLC

27 March 2019

The Go-Ahead Group plc

("Go-Ahead")

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons

As confirmed in the Annual Report and Accounts for the year ended 30 June 2018, the 2015 grant of awards to David Brown, Group Chief Executive, under The Go-Ahead Group plc Deferred Share Bonus Plan 2012 ("DSBP") became eligible for vesting from 29 October 2018, following the expiry of the three year deferral period. The table below summarises the number of shares exercised, retained and sold to meet tax liabilities on 26 March 2019.

 
 Name      Share    Number           Number       Number            Sale        Price 
            Plan     of shares        of shares    of shares         date 
                     vested           to be        sold 
                     and exercised    retained     to meet 
                                                   Tax and 
                                                   NI liabilities 
 David 
  Brown    DSBP     11,331           5,951        5,380             26/3/2019   GBP20.0035 
          -------  ---------------  -----------  ----------------  ----------  ----------- 
 

The notification set out below is made in accordance with the requirements of the EU Market Abuse Regulation and provides further detail of the number of shares exercised and sold on 26 March 2019 in respect of David Brown's 2015 DSBP Award.

 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                 David Brown 
      -------------------  ----------------------------------------------------------- 
 2     Reason for notification 
      -------------------------------------------------------------------------------- 
 a)    Position/status      Group Chief Executive 
      -------------------  ----------------------------------------------------------- 
 b)    Initial              Initial notification 
        notification/ 
        Amendment 
      -------------------  ----------------------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------- 
 a)    Name 
                              The Go-Ahead Group plc 
      -------------------  ----------------------------------------------------------- 
 b)    LEI 
                              2138009TF1SYOMQLBJ60 
      -------------------  ----------------------------------------------------------- 
 4     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 
      -------------------------------------------------------------------------------- 
 a)    Description 
        of the financial      Ordinary shares of 10 pence each 
        instrument, 
        type of 
        instrument 
                              GB0003753778 
        Identification 
        code 
      -------------------  ----------------------------------------------------------- 
 b)    Nature of            Exercise and subsequent sale of shares under 
        the transaction      The Go-Ahead Group plc Deferred Share Bonus Plan 
                             2012. This relates specifically to the vesting 
                             of David Brown's 2015 DSBP Award. 
      -------------------  ----------------------------------------------------------- 
 c)    Price(s)              Price(s)                      Volume(s) 
        and volume(s) 
      -------------------  ------------  --------------------------------------------- 
                             GBP20.0035        5,380 shares were sold to cover 
                                                Tax and National Insurance liabilities 
                                                and sale costs, while the balance 
                                                of 5,951 shares were retained. 
      -------------------  ------------  --------------------------------------------- 
 d)    Aggregated 
        information 
 
        - Aggregated          11,331 shares 
        volume                For further details, see 'Section C - Volume(s)' 
                              above 
 
 
        - Price 
                              GBP20.0035 
      -------------------  ----------------------------------------------------------- 
       Date of 
 e)     the transaction       2019-03-26 
      -------------------  ----------------------------------------------------------- 
 f)    Place of             London Stock Exchange XLON 
        the transaction 
      -------------------  ----------------------------------------------------------- 
 

For further information please contact:

Carolyn Ferguson, Group Company Secretary - 0191 232 3123

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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March 27, 2019 06:50 ET (10:50 GMT)