Rule 8.1- (National Express G

RNS Number : 4016Y

National Express Group PLC

02 September 2009

 



                                        FORM 8.1                        

DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES

FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS

(Rules 8.1(a) and (b)(i) of the Takeover Code)

1.    KEY INFORMATION

Name of person dealing	MR. RAY O'TOOLE
Company dealt in	NATIONAL EXPRESS GROUP PLC
Class of relevant security to which the dealings being disclosed relate	ORDINARY SHARES OF 5 PENCE EACH
Date of dealing	1 SEPTEMBER 2009

2.    INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)    Interests and short positions (following dealing) in the class of relevant security dealt in 

	Long	Short
	Number                                    (%)	Number                                    (%)
(1) Relevant securities	31,364                                   (0.02%)
(2) Derivatives (other than options)
(3) Options and agreements to purchase/sell
Total	31,364                                     (0.02%)

(b)    Interests and short positions in relevant securities of the company, other than the class dealt in 

Class of relevant security:	Long	Short
	Number                                    (%)	Number                                    (%)
(1) Relevant securities
(2) Derivatives (other than options)
(3) Options and agreements to purchase/sell
Total

(c)    Rights to subscribe 

Class of relevant security:	Details
Ordinary Shares	91,468 Performance Share awards under Long Term Incentive Plan 21,089 Matching Share awards under Long Term Incentive Plan 57,004 Deferred Share awards under Executive Deferred Share Bonus Plan

3.    DEALINGS 

(a)    Purchases and sales

Purchase/sale	Number of securities	Price per unit

(b)    Derivatives transactions (other than options)

Product name,  e.g. CFD	Long/short	Number of securities	Price per unit

(c)    Options transactions in respect of existing securities

(i)    Writing, selling, purchasing or varying

Product name, e.g. call option	Writing, selling, purchasing, varying etc.	Number of securities to which the option relates	Exercise price	Type, e.g. American, European etc.	Expiry  date	Option money paid/received per unit

(ii)    Exercising

Product name, e.g. call option	Number of securities	Exercise price per unit

(d)    Other dealings (including new securities) 

Nature of transaction	Details	Price per unit (if applicable)
Grant of awards by National Express Group PLC under Long Term Incentive Plan	Award of  100,401 Performance Shares and matching award of 100,400 Matching Shares under Long Term Incentive Plan The awards will vest under normal circumstances, subject to the achievement of performance conditions, in three years from the date of grant.	Awards are granted as nil cost options; the calculations of the number of shares awarded being based on the middle market price on 28 August 2009 of £3.984 per share.

4.    OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

Is a Supplemental Form 8 attached?                NO

Date of disclosure	2 SEPTEMBER 2009
Contact name	DIANNE ROBINSON
Telephone number	20 7506 4334
Name of offeree/offeror with which associated	NATIONAL EXPRESS GROUP PLC
Specify category and nature of associate status	CATEGORY (3): DIRECTORS OF NATIONAL EXPRESS GROUP PLC

 

END

 

 

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