NATIONAL EXPRESS GROUP PLC
National Express Group PLC (the "Company") announces that on Wednesday 11 April 2012 the following awards of the Company's ordinary 5 pence shares were made to the Executive Directors of the Company (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 10 April 2012 of 229.1 pence 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.
2012 LTIP Award |
Existing Holdings |
|||
|
Performance Shares |
Matching Shares |
Executive Share Awards |
National Express Group PLC Shares |
Dean Finch |
240,069 |
288,080 |
1,019,835 |
138,252 |
Jez Maiden |
183,326 |
219,998 |
1,084,241 |
135,285 |
National Express Group PLC was informed by the Executive Directors of the above transaction on 11 April 2012.
This notification is made in accordance with DR 3.1.4R(1)(a).
Name of contact and telephone number for queries:
Michael Hampson, Company Secretary and General Counsel
020 7805 3807
For and on behalf of National Express Group PLC