Director/PDMR Shareholding

Stagecoach Group plc Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them Stagecoach Group plc 2013 Executive Participation Plan (the “EPP”) Vesting of Awards Awards made on 29 June 2017 (“2017 Awards”) under the EPP to directors of Stagecoach Group plc (the “Company”), vested on 2 September 2020, resulting in awards of notional interests in Ordinary Shares of 125/228 th p in the Company...

Stagecoach Group plc

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them

 

Stagecoach Group plc 2013 Executive Participation Plan (the “EPP”)

 

Vesting of Awards

Awards made on 29 June 2017 (“2017 Awards”) under the EPP to directors of Stagecoach Group plc (the “Company”), vested on 2 September 2020, resulting in awards of notional interests in Ordinary Shares of 125/228^thp in the Company (“Deferred Shares”) being released and transferred to those persons for nil consideration in accordance with the rules of the EPP.

The Company transferred to Martin Griffiths and Ross Paterson ordinary shares of 125/228^thp each (“Ordinary Shares”) equivalent to the number of Deferred Shares in their respective awards, less a number of shares equivalent in value to payroll tax deductions due on the vesting of those awards.

A summary of these transactions is set out below:

Name of director/ PDMR	Number of Deferred Shares vesting under the 2017 Awards	Reduction in number of Deferred Share award to cover payroll taxes	Number of Ordinary Shares to be transferred to director/ PDMR
Martin Griffiths (Director)	94,880	45,657	49,223
Ross Paterson (Director)	61,256	29,477	31,779

The announcements on the vesting of the 2017 Awards, including the notifications below, are made in accordance with the requirements of the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Martin Griffiths
2	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification/ Amendment	This is an initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Stagecoach Group plc
b)	LEI	4L663LRNTBQ008OK2N07
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 125/228p ISIN: GB00B6YTLS95
b)	Nature of the transaction	Receipt, for nil consideration, of 49,223 Ordinary shares on the vesting of Deferred Share awards under the Stagecoach Group plc 2013 Executive Participation Plan, after deduction of 45,657Deferred Shares to cover payroll taxes.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
Deferred Shares received		Nil consideration	49,223
d)	Aggregated information — Aggregated volume — Price	Not Applicable
e)	Date of the transaction	2020-09-02
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Ross Paterson
2	Reason for the notification
a)	Position/status	Finance Director
b)	Initial notification/ Amendment	This is an initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Stagecoach Group plc
b)	LEI	4L663LRNTBQ008OK2N07
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 125/228p ISIN: GB00B6YTLS95
b)	Nature of the transaction	Receipt, for nil consideration, of 31,779 Ordinary shares on the vesting of Deferred Share awards under the Stagecoach Group plc 2013 Executive Participation Plan, after deduction of 29,477Deferred Shares to cover payroll taxes.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
Deferred Shares received		Nil consideration	31,779
d)	Aggregated information — Aggregated volume — Price	Not Applicable
e)	Date of the transaction	2020-09-02
f)	Place of the transaction	Outside a trading venue

For further information, please contact:

Analysts
Martin Griffiths, Chief Executive                                                               01738 442111
Ross Paterson, Finance Director                                                                01738 442111

Media
Steven Stewart, Director of Corporate Communications                07764 774680


2 September 2020