National Express (LON:NEX)

National Express (LON:NEX)


Share Price
379.40 p
Change
2.6 (0.69 %)
Market Cap
£1,941.54 m
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National Express RNS Release

Market Purchase of Shares


RNS Number : 6225D
National Express Group PLC
10 October 2018
 

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 10 October 2018, First Names Corporate Services Limited, acting as Trustee of the National Express Group Employee Benefit Trust ("Trust"), purchased 352,659 ordinary shares of nominal value 5 pence each in the capital of the Company ("Shares") at an average price of 396.1833p per share on the London Stock Exchange.

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, the Company's Executive Directors, as PDMRs, are amongst the potential beneficiaries of the Shares purchased and held in the Trust.

Immediately following the above transaction, the Trust holds 1,760,281 Shares for the above purpose, representing 0.34% 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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