Transaction in Own Shares

RNS Number : 9108Y

National Express Group PLC

08 March 2017

 

8 March 2017

National Express Group PLC (the 'Company')

EMPLOYEE BENEFIT TRUST

National Express Group PLC announces that it has been notified today that First Names Corporate Services Limited, as trustee of the National Express Group PLC Employee Benefit Trust (the "EBT"), purchased 550,000 ordinary shares of 5 pence each in the capital of the Company ("Shares") on Monday 6 March 2017 at an average price of 362.668 pence per share. An additional 150,000 shares were purchased on Tuesday 7 March 2017 at an average price of 366.12 pence per share.

Immediately following the above transactions, the EBT held 2,956,517 shares, representing approximately 0.58% 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.

The Executive Directors, namely, Dean Finch and Matthew Ashley, are included in the class of potential beneficiaries of the EBT and are deemed to be interested in the Shares and the dealings thereof.

ENQUIRIES

For further information please contact:

National Express Group PLC

Joy Baldry

Company Secretary

Tel: [phone]

 

END

 

 

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