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 30 June 2016 (“2016 Awards”) under the 2013 EPP to directors and other persons discharging managerial responsibilities (“PDMR”s) of Stagecoach Group plc (the “Company”), vested on 1 July 2019, resulting in awards of...

Perth, 02/07/2019 (informazione.news - comunicati stampa - turismo)

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 30 June 2016 (“2016 Awards”) under the 2013 EPP to directors and other persons discharging managerial responsibilities (“PDMR”s) of Stagecoach Group plc (the “Company”), vested on 1 July 2019, resulting in awards of notional interests in Ordinary Shares of 125/228 p in the Company (“Deferred Shares”) being released and transferred to those persons for nil consideration in accordance with the rules of the 2013 EPP.

The Company transferred to Martin Griffiths and Ross Paterson ordinary shares of 125/228 p 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. Mark Threapleton's (PDMR) award of 22,135 Deferred Shares will be satisfied by a payment equivalent to the market value of 22,135 Ordinary Shares on 1 July 2019, subject to deduction of payroll taxes.

A summary of these transactions is set out below:

The announcements on the vesting of the 2016 Awards, including the notifications below, are 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


1 July 2019