Director/PDMR Shareholding

RNS Number : 2331M

National Express Group PLC

19 May 2010

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

1.	Name of the Issuer: NATIONAL EXPRESS GROUP PLC	2.	State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006): DTR 3.1.2 R
3.	Name of person discharging managerial responsibilities/director: JORGE COSMEN	4.	State whether notification relates to a person connected with a person discharging managerial responsibilities/ director named in 3 and identify the connected person: YES:  NORTHERN EXPRESS ENTERPRISES LIMITED ("NEEL")
5.	Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest: BENEFICIAL INTEREST: NEEL	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares: ORDINARY SHARES OF 5 PENCE EACH
7.	Name of registered shareholders(s): NOMINEES ON BEHALF OF NEEL	8.	State the nature of the transaction: DISPOSAL BY NEEL OF 2,000,000 ORDINARY SHARES AT AN AVERAGE PRICE OF 240.04 PENCE ON 14 MAY 2010.
9.	Number of shares, debentures or financial instruments relating to shares acquired: N/A	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage): N/A
11.	Number of shares, debentures or financial instruments relating to shares disposed: 2,000,000 ORDINARY SHARES	12.	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage): THE TRANSACTION RELATES TO 2,000,000 ORDINARY SHARES REPRESENTING APPROXIMATELY 0.392 PER CENT OF ALL ORDINARY SHARES
13.	Price per share or value of transaction: SEE 8 ABOVE	14.	Date and place of transaction: LONDON, 14 MAY 2010
15.	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage): 2,755,624 ORDINARY SHARES REPRESENTING APPROXIMATELY 0.540 PER CENT OF ALL ORDINARY SHARES	16.	Date issuer informed of transaction: 18 MAY 2010

Name and telephone number for queries: Tony McDonald, 020 7506 4325

For and on behalf of National Express Group PLC

Date of this notification: 19 May 2010

 

END

 

 

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