Turismo
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them
Stagecoach Group plc
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them
Stagecoach Restricted Share Plan (the “RSP”)
Granting of RSP Awards for 2020
On 10 December 2020, each of the executive directors as set out below was granted Conditional Awards under the RSP. The transactions have been notified in accordance with the requirements of the EU Market Abuse Regulation.
The RSP Awards are conditional rights to acquire Ordinary Shares of 125/228 p in the Company (“Shares”) together with an entitlement to an additional number of Shares equivalent to any dividends that would have been paid on the Shares throughout the normal vesting period. The awards were made on 10 December 2020 and are capable of vesting in three equal tranches, the normal vesting dates for which shall be the fourth, fifth and sixth anniversaries of the date of grant respectively.
The Shares will be subject to a holding period which will commence on the normal vesting date and end on the fifth anniversary of the date of grant.
The awards made were as follows:
The announcement on the granting of RSP Awards, including the notifications below, is made in accordance with the requirements of the EU Market Abuse Regulation.
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
11 December 2020
2321 Rosecrans Avenue. Suite 2200
90245 El Segundo Stati Uniti