Stagecoach Group PLC Director/Pdmr Shareholding

 
TIDMSGC 
 
 
   Stagecoach Group plc 
 
   Notification of Transactions of Directors/Persons Discharging Managerial 
Responsibility and Persons Closely Associated with them 
 
 
 
   Stagecoach Group plc 2013 Executive Participation Plan (the "EPP") 
 
 
 
   Vesting of Awards 
 
   Awards made on 29 June 2017 ("2017 Awards") under the EPP to directors 
of Stagecoach Group plc (the "Company"), vested on 2 September 2020, 
resulting in awards of notional interests in Ordinary Shares of 
125/228(th) p in the Company ("Deferred Shares") being released and 
transferred to those persons for nil consideration in accordance with 
the rules of the EPP. 
 
   The Company transferred to Martin Griffiths and Ross Paterson ordinary 
shares of 125/228(th) p each ("Ordinary Shares") equivalent to the 
number of Deferred Shares in their respective awards, less a number of 
shares equivalent in value to payroll tax deductions due on the vesting 
of those awards. 
 
   A summary of these transactions is set out below: 
 
 
 
 
 
                                                                                        Reduction in number of Deferred Share award to cover        Number of Ordinary Shares to be transferred to director/ 
  Name of director/ PDMR     Number of Deferred Shares vesting under the 2017 Awards                       payroll taxes                                                      PDMR 
-------------------------  ---------------------------------------------------------  ------------------------------------------------------  -------------------------------------------------------------- 
Martin Griffiths 
 (Director)                                                                   94,880                                                  45,657                                                          49,223 
-------------------------  ---------------------------------------------------------  ------------------------------------------------------  -------------------------------------------------------------- 
Ross Paterson (Director)                                                      61,256                                                  29,477                                                          31,779 
-------------------------  ---------------------------------------------------------  ------------------------------------------------------  -------------------------------------------------------------- 
 
 
   The announcements on the vesting of the 2017 Awards, including the 
notifications below, are made in accordance with the requirements of the 
EU Market Abuse Regulation. 
 
 
 
 
     Details of the person discharging managerial responsibilities/person 
1     closely associated 
---  ----------------------------------------------------------------------------------------------------------------------- 
a)   Name                                                          Martin Griffiths 
---  ------------------------------------------------------------  --------------------------------------------------------- 
2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------------- 
a)   Position/status                                               Chief Executive 
---  ------------------------------------------------------------  --------------------------------------------------------- 
b)   Initial notification/ Amendment                               This is an initial notification 
---  ------------------------------------------------------------  --------------------------------------------------------- 
     Details of the issuer, emission allowance market participant, 
3     auction platform, auctioneer or auction monitor 
---  ----------------------------------------------------------------------------------------------------------------------- 
a)   Name                                                          Stagecoach Group plc 
---  ------------------------------------------------------------  --------------------------------------------------------- 
b)   LEI                                                           4L663LRNTBQ008OK2N07 
---  ------------------------------------------------------------  --------------------------------------------------------- 
     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 
4     where transactions have been conducted 
---  ----------------------------------------------------------------------------------------------------------------------- 
     Description of the financial instrument, type of instrument   Ordinary shares of 125/228p 
a)    Identification code                                           ISIN: GB00B6YTLS95 
---  ------------------------------------------------------------  --------------------------------------------------------- 
                                                                   Receipt, for nil consideration, of 49,223 Ordinary 
                                                                    shares on the vesting of Deferred Share awards under 
                                                                    the Stagecoach Group plc 2013 Executive Participation 
                                                                    Plan, after deduction of 45,657Deferred Shares to 
b)   Nature of the transaction                                      cover payroll taxes. 
---  ------------------------------------------------------------  --------------------------------------------------------- 
c)   Price(s) and volume(s)                                        Price(s)                             Volume(s) 
---  ------------------------------------------------------------  -------------------------  ------------------------------ 
Deferred Shares received                                           Nil consideration                                  49,223 
-----------------------------------------------------------------  -------------------------  ------------------------------ 
d)   Aggregated information 
      -- Aggregated volume                                           Not Applicable 
      -- Price 
---  ------------------------------------------------------------  --------------------------------------------------------- 
e)   Date of the transaction                                       2020-09-02 
---  ------------------------------------------------------------  --------------------------------------------------------- 
f)   Place of the transaction                                      Outside a trading venue 
---  ------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 
 
 
     Details of the person discharging managerial responsibilities/person 
1     closely associated 
---  ----------------------------------------------------------------------------------------------------------------------- 
a)   Name                                                          Ross Paterson 
---  ------------------------------------------------------------  --------------------------------------------------------- 
2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------------- 
a)   Position/status                                               Finance Director 
---  ------------------------------------------------------------  --------------------------------------------------------- 
b)   Initial notification/ Amendment                               This is an initial notification 
---  ------------------------------------------------------------  --------------------------------------------------------- 
     Details of the issuer, emission allowance market participant, 
3     auction platform, auctioneer or auction monitor 
---  ----------------------------------------------------------------------------------------------------------------------- 
a)   Name                                                          Stagecoach Group plc 
---  ------------------------------------------------------------  --------------------------------------------------------- 
b)   LEI                                                           4L663LRNTBQ008OK2N07 
---  ------------------------------------------------------------  --------------------------------------------------------- 
     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 
4     where transactions have been conducted 
---  ----------------------------------------------------------------------------------------------------------------------- 
     Description of the financial instrument, type of instrument   Ordinary shares of 125/228p 
a)    Identification code                                           ISIN: GB00B6YTLS95 
---  ------------------------------------------------------------  --------------------------------------------------------- 
                                                                   Receipt, for nil consideration, of 31,779 Ordinary 
                                                                    shares on the vesting of Deferred Share awards under 
                                                                    the Stagecoach Group plc 2013 Executive Participation 
                                                                    Plan, after deduction of 29,477Deferred Shares to 
b)   Nature of the transaction                                      cover payroll taxes. 
---  ------------------------------------------------------------  --------------------------------------------------------- 
c)   Price(s) and volume(s)                                        Price(s)                             Volume(s) 

---  ------------------------------------------------------------  -------------------------  ------------------------------ 
Deferred Shares received                                           Nil consideration                                  31,779 
-----------------------------------------------------------------  -------------------------  ------------------------------ 
d)   Aggregated information 
      -- Aggregated volume                                           Not Applicable 
      -- Price 
---  ------------------------------------------------------------  --------------------------------------------------------- 
e)   Date of the transaction                                       2020-09-02 
---  ------------------------------------------------------------  --------------------------------------------------------- 
f)   Place of the transaction                                      Outside a trading venue 
---  ------------------------------------------------------------  --------------------------------------------------------- 
 
   For further information, please contact: 
 
   Analysts 
 
   Martin Griffiths, Chief Executive                                                               01738 442111 
 
 
   Ross Paterson, Finance Director                                                                01738 442111 
 
 
 
 
   Media 
 
   Steven Stewart, Director of Corporate Communications 
07764 774680 
 
 
 
 
 
   2 September 2020 
 
 
 
 

(END) Dow Jones Newswires

September 02, 2020 11:00 ET (15:00 GMT)

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