Director/PDMR Shareholding

RNS Number : 2602Y

National Express Group PLC

13 May 2016

 

NATIONAL EXPRESS GROUP PLC (the 'Company')

Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMRs')

The Company has been notified of the following transactions.

On 12 May 2016 Dean Finch, Executive Director/PDMR, purchased 53,000 Ordinary shares of 5 pence each in the Company ('Shares') which he will hold within his Self Invested Personal Pension.  The purchase price was £3.3095 per Share.

On the same date, Dean Finch sold 210,000 Shares from his directly held shareholding.   The sale price was £3.2801 per Share. 

As a result of, and including, the above transactions, the outstanding aggregate interests held by Dean Finch in the Shares of the Company are as follows:

Directly and beneficially owned:	137,598
Directly/beneficially owned and Shares held under the Executive Deferred Bonus Plan not subject to performance conditions	267,148

In line with the Company's Remuneration Policy shareholding requirement Executive Directors are encouraged to build up a shareholding over a five-year period from 2015.  Dean Finch has a relevant shareholding equivalent to 150% of his base salary.  This is based on a price of £3.25 per Share.

Place of transaction: London

This notification is made in accordance with DTR 3.1.4 R(1).

Joy Baldry

Company Secretary

13 May 2016

Enquiries:

Maitland

Rebecca Mitchell                                                                                                             07951 057351

 

END

 

 

DSHAKNDBPBKDQPD