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National Express RNS Release

Market purchase of shares


RNS Number : 9503Y
National Express Group PLC
11 December 2017
 

National Express Group PLC

 

                     Market purchase of shares                  

to be held in the Company's employee benefit trust

 

National Express Group PLC ("Company") today confirms it has been notified that on 8 December 2017, First Names Corporate Services Limited, acting as Trustee of the National Express Group Employee Benefit Trust ("Trust"), purchased 1,000,000 (one million) ordinary shares of nominal value 5 pence each in the capital of the Company ("Shares") at an average price of 369.2 pence per share.

The Trust holds Shares for the benefit of the Company's employees, in particular for satisfying the future vesting of outstanding awards made under the Company's various employee share incentive plans. As such, Dean Finch, Chris Davies and Matt Ashley, as Executive Directors and PDMRs, are amongst the potential beneficiaries of the Shares held in Trust.

Immediately following the above transaction, the Trust holds 1,643,746 Shares for the above purpose, representing 0.3% of the Company's issued share capital with voting rights.

END

Enquiries to National Express Group PLC:

Michael Arnaouti, Company Secretary                                                                  020 7805 3807

Notes

Legal Entity Identifier: 213800A8IQEMY8PA5X34

Classification: 2.4 (with reference to DTR6 Annex 1R)

 


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