National Express Group PLC
11 April 2008
National Express Group PLC ('the Company') announces that the following awards
of the Company's ordinary 5 pence shares were made to the two Executive
Directors of the Company on 10 April 2008 (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 9 April 2008 of £9.925 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.
2008 LTIP Award
Performance Matching Existing Executive Existing
Shares Shares Share Awards Shareholding
Richard Bowker 53,400 14,246 119,201 11,828
Ray O'Toole 40,342 6,666 208,087 26,364
This information is provided by RNS
The company news service from the London Stock Exchange
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