National Express Group PLC
10 April 2006
National Express Group PLC (the 'Company') announces that the following awards
of the Company's ordinary 5 pence shares were made to the three Executive
Directors of the Company on 6 April 2006 (the 'Awards'). The Awards have been
made in accordance with the rules of the Company's Long Term Incentive Plan
approved at the 2005 AGM. The Awards are granted as nil cost options; the
calculations of the number of shares awarded being based on the middle market
price on 5 April 2006 of £9.275 per share. The awards will vest under normal
circumstances, subject to the achievement of the performance conditions, in
three years from the date of grant.
2006 LTIP Award Existing
Executive Existing
Performance Shares Matching Shares Share Awards Shareholding
Ray O'Toole 38,814 24,600 184,842 24,364
Adam Walker 34,501 32,333 141,451 19,400
Phil White 53,908 51,666 298,248 165,408
This information is provided by RNS
The company news service from the London Stock Exchange
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