Transaction in Own Shares

RNS Number : 5882B
National Express Group PLC
05 March 2014
 



EMPLOYEE BENEFIT TRUST

 

National Express Group PLC (the "Company") was notified  on 4 March that First Names Corporate Services Limited, as trustee of the National Express Group PLC Employee Benefit Trust(the "EBT") had purchased 870,000 ordinary shares of 5 pence each in the capital of the Company ("Shares") in two tranches as follows:

·      688,000 shares purchased on 28 February 2014 at a price of £3.0175 per share and

·      182,000 shares purchased on 3 March 2014 at a price of £2.98 per share.

Immediately following the above transaction, the EBT held 1,296,630 shares, representing approximately 0.25% of the Company's issued share capital. It is anticipated that all Shares held by the EBT will ultimately be used to satisfy awards and options granted under the Company's various share incentive arrangements.

 

 

ENQUIRIES

For further information please contact:

National Express Group PLC

Michael Hampson, Company Secretary and General Counsel

020 7805 3808

 

5 March 2014


This information is provided by RNS
The company news service from the London Stock Exchange
 
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