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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mobico Group Plc | LSE:NEX | London | Ordinary Share | Ordinary Shares |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 108.30 | 108.50 | 108.90 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMNEX
RNS Number : 2956H
National Express Group PLC
09 March 2018
National Express Group PLC
9 March 2018
NATIONAL EXPRESS GROUP PLC
("Company")
Notification of transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
The Company provides notification of the following transactions, all effected on 8 March 2018 on the London Stock Exchange, relating to the three below named PDMRs and their respective interests in the ordinary shares of nominal value 5p each in the capital of the Company ("Shares") (ISIN: GB0006215205).
The transactions arise in respect of: (i) the nil cost acquisition and full sale of the one-year deferred forfeitable Shares granted on 8 March 2017 under the rules of the Company's Executive Deferred Bonus Plan ("EDBP") relating to the 2016 annual bonus, (ii) the one-year deferred forfeitable Shares award granted at nil cost under the EDBP relating to the 2017 annual bonus, and (iii) the sale of certain shares beneficially owned.
Individual PDMR details are set out in the table below:
Name Number Number Number Total Total and position of forfeitable of forfeitable of beneficially beneficial other of PDMR Shares Shares owned interest interest acquired awarded Shares held in held in and sold as per sold Shares Shares as per (ii) as per following following (i) above above (iii) the transactions the transactions (1) (2) (1) (3) above --------------- ----------------- ---------------- ----------------- ------------------ ------------------ Dean Finch, Group 91,838 Chief at 393.9245p Executive per share 119,939 - 334,081 1,266,549 --------------- ----------------- ---------------- ----------------- ------------------ ------------------ Chris Davies, Group Finance Director - 24,708 - 3,000 271,907 --------------- ----------------- ---------------- ----------------- ------------------ ------------------ 20,196 Matthew at 395p Ashley, per share President and CEO, 31,503 43,188 North at 393.9245p at 393.9245p America per share 37,021 per share 124,278 332,898 --------------- ----------------- ---------------- ----------------- ------------------ ------------------
(1) Malus and clawback apply to forfeitable Shares awarded under the EDBP for two-years from the date of grant, including post cessation of employment.
(2) The Shares sold included those compulsorily sold to cover the immediate personal tax and social security liability arising on vesting. All Shares are delivered through the Company's Employee Benefit Trust.
(3) The forfeitable Shares awarded were determined based on a share price of 378.16p, being the average mid-market price of a Company share for the five business days immediately preceding the date of grant.
Including those held by connected persons.
Under the Company's EDBP and LTIP.
The Company can confirm that each of the PDMRs has complied with their respective obligations to notify the Financial Conduct Authority in respect of the above transactions as is their requirement under the EU Market Abuse Regulation.
- END -
National Express contact and telephone number for enquiries:
Michael Arnaouti, Group Company Secretary
++44 (0) 207 805 3807
Notes
Legal Entity Identifier: 213800A8IQEMY8PA5X34
Classification: 3.1 (with reference to DTR6 Annex 1R)
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHFKCDNBBKDKNK
(END) Dow Jones Newswires
March 09, 2018 10:30 ET (15:30 GMT)
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