Market purchase of shares

RNS Number : 3451S

National Express Group PLC

08 March 2019

 

National Express Group PLC

Market purchase of shares

to be held in the Company's employee benefit trust

National Express Group PLC ("Company") today confirms it has been notified that on 8 March 2019, First Names Corporate Services Limited, acting as Trustee of the National Express Group Employee Benefit Trust ("Trust"), purchased 462,000 (four hundred and sixty two thousand) ordinary shares of nominal value 5 pence each in the capital of the Company ("Shares") at an average price of 431.0009p per share on the London Stock Exchange.

The Trust holds Shares for the benefit of the Company's employees, in particular for satisfying the future vesting of outstanding awards made under the Company's various employee share incentive plans. As such, the Company's Executive Directors, as PDMRs, are amongst the potential beneficiaries of the Shares purchased and held in the Trust.

Immediately following the above transaction, the Trust holds 1,983,755 Shares for the above purpose, representing 0.39% of the Company's issued share capital with voting rights.

END

Enquiries to National Express Group PLC:

Michael Arnaouti, Company Secretary                                                                  020 7805 3805

Notes:

Legal Entity Identifier: 213800A8IQEMY8PA5X34

Classification: 2.4 (with reference to DTR6 Annex 1R)

 

END

 

 

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