NATIONAL EXPRESS GROUP PLC (the 'Company')
Directors' dealings in the Company's ordinary shares of 5p
On 28 February 2014 awards to the following Executive Directors under the National Express Group Executive Deferred Bonus Plan (the 'Plan'), granted on 28 February 2013 automatically vested as summarised below:
Executive Director |
Number of shares comprised within the Award |
Dean Finch |
79,523 |
Jez Maiden |
62,981 |
The Company announces that on 28 February 2014 Mr Finch sold 37,452 shares at a price of £3.0175 per share and retained 42,071 shares. The shares were sold to meet the tax liability arising on the vesting of the Plan shares.
Mr Finch's total shareholding has increased from 252,527 to 294,598 shares (0.057% of the total voting rights in the Company).
On 28 February 2014 Mr Maiden sold 62,981 shares at a price of £3.0175 per share. Mr Maiden's tax liability arising on the vesting of the Plan shares will be paid out of the proceeds of this sale.
National Express Group PLC was informed by the Directors of the above transactions on 28 February 2014.
This notification is made in accordance with DTR 3.1.4(1)(a).
Enquiries:
Michael Hampson
Company Secretary
0207 805 3808
Date: 3 March 2014