Director/PDMR Shareholding

National Express Group PLC

02 June 2023

 

NATIONAL EXPRESS GROUP PLC

 ("Company")

Director/PDMR Share Purchase

The Company has been notified by Helen Weir, Ignacio Garat, James Stamp and Simon Callander, who are persons discharging managerial responsibilities ("PDMRs") of the Company, of the below detailed transactions effected on 31 May 2023 and 1 June 2023 relating to their respective interests in the ordinary shares of nominal value of 5 pence each in the capital of the Company ("Shares") (ISIN: GB0006215205):

Name and position of PDMR	Number of Shares acquired	Purchase price per Share	Total unrestricted beneficial interest held in Shares following the transaction ¹	Total other interest held in Shares following the transactions ²
Helen Weir, Non-Executive Chair	45,000	£1.068	76,000	-
Ignacio Garat, Group Chief Executive Officer	18,484	£1.082	125,688	1,812,299
James Stamp, Group Chief Financial Officer	37,241	£1.068	54,464	781,868
Simon Callander, Group General Counsel and Company Secretary	37,653	£1.057	87,653	505,352

¹ Including those held by connected persons.

² Represents outstanding awards granted under the Company's Executive Deferred Bonus Plan and the Company's Long-Term Incentive Plan.

1.	Details of PDMR / PCA
	Full Name	Helen Weir
	Position / status	Non-Executive Chair, PDMR
	Initial notification / amendment	Initial notification
2.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
	Name		National Express Group PLC
	LEI		213800A8IQEMY8PA5X34
3.	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 where transactions have been conducted
	Description of the financial instrument	Ordinary shares of 5p each
	Identification code	GB0006215205
	Nature of the transaction	Purchase of shares
	Price(s) and volume(s)	Price(s) Volume(s) Total £1.068246 45,000    £48,071.07
	Date of the transaction	31 May 2023
	Place of the transaction	London Stock Exchange

1.	Details of PDMR / PCA
	Full Name	Ignacio Garat
	Position / status	Group Chief Executive Officer, PDMR
	Initial notification / amendment	Initial notification
2.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
	Name		National Express Group PLC
	LEI		213800A8IQEMY8PA5X34
3.	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 where transactions have been conducted
	Description of the financial instrument	Ordinary shares of 5p each
	Identification code	GB0006215205
	Nature of the transaction	Purchase of shares
	Price(s) and volume(s)	Price(s) Volume(s) Total £1.082 18,484 £19,999.69
	Date of the transaction	1 June 2023
	Place of the transaction	London Stock Exchange

1.	Details of PDMR / PCA
	Full Name	James Stamp
	Position / status	Group Chief Financial Officer, PDMR
	Initial notification / amendment	Initial notification
2.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
	Name		National Express Group PLC
	LEI		213800A8IQEMY8PA5X34
3.	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 where transactions have been conducted
	Description of the financial instrument	Ordinary shares of 5p each
	Identification code	GB0006215205
	Nature of the transaction	Purchase of shares
	Price(s) and volume(s)	Price(s) Volume(s) Total £1.056746      18,819    £19,886.90
	Date of the transaction	31 May 2023
	Price(s) and volume(s)	Price(s) Volume(s) Total £1.079499 18,422    £19,886.53
	Date of the transaction	1 June 2023
	Place of the transaction	London Stock Exchange

1.	Details of PDMR / PCA
	Full Name	Simon Callander
	Position / status	Group General Counsel & Company Secretary, PDMR
	Initial notification / amendment	Initial notification
2.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
	Name		National Express Group PLC
	LEI		213800A8IQEMY8PA5X34
3.	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 where transactions have been conducted
	Description of the financial instrument	Ordinary shares of 5p each
	Identification code	GB0006215205
	Nature of the transaction	Purchase of shares
	Price(s) and volume(s)	Price(s) Volume(s) Total £1.056995      37,653    £39,799.03
	Date of the transaction	31 May 2023
	Place of the transaction	London Stock Exchange

The above notice is given in fulfilment of the Company's obligation under DTR 3.1 and Article 19 of the EU Market Abuse Regulation 596/2014.

-     END    -

National Express contacts and telephone number for enquiries:

Simon Callander, Group General Counsel & Company Secretary

[phone]

Gillian Saunderson, Deputy Company Secretary

[phone]

Notes:

Legal Entity Identifier: 213800A8IQEMY8PA5X34

Classification: 3.1 (with reference to DTR6 Annex 1R)

 

END