TIDMNEX

RNS Number : 4178B

National Express Group PLC

02 June 2023

NATIONAL EXPRESS GROUP PLC

("Company")

Director/PDMR Share Purchase

The Company has been notified by Helen Weir, Ignacio Garat, James Stamp and Simon Callander, who are persons discharging managerial responsibilities ("PDMRs") of the Company, of the below detailed transactions effected on 31 May 2023 and 1 June 2023 relating to their respective interests in the ordinary shares of nominal value of 5 pence each in the capital of the Company ("Shares") (ISIN: GB0006215205):

 
 Name and position     Number of          Purchase price   Total unrestricted     Total other 
  of PDMR               Shares acquired    per Share        beneficial interest    interest held 
                                                            held in Shares         in 
                                                            following the          Shares following 
                                                            transaction (1)        the transactions 
                                                                                   (2) 
 Helen Weir, 
  Non-Executive 
  Chair                     45,000           GBP1.068             76,000                  - 
                      -----------------  ---------------  ---------------------  ------------------ 
 Ignacio Garat, 
  Group Chief 
  Executive Officer         18,484           GBP1.082            125,688              1,812,299 
                      -----------------  ---------------  ---------------------  ------------------ 
 James Stamp, 
  Group Chief 
  Financial Officer         37,241           GBP1.068             54,464               781,868 
                      -----------------  ---------------  ---------------------  ------------------ 
 Simon Callander, 
  Group General 
  Counsel and 
  Company Secretary         37,653           GBP1.057             87,653               505,352 
                      -----------------  ---------------  ---------------------  ------------------ 
 

(1) Including those held by connected persons.

(2) Represents outstanding awards granted under the Company's Executive Deferred Bonus Plan and the Company's Long-Term Incentive Plan.

 
1.    Details of PDMR / PCA 
       Full Name                        Helen Weir 
      -------------------------------  --------------------------------------------------- 
       Position / status                Non-Executive Chair, PDMR 
      -------------------------------  --------------------------------------------------- 
       Initial notification             Initial notification 
        / amendment 
----  -------------------------------  --------------------------------------------------- 
2.     Details of the issuer, emission allowance market participant, auction platform, 
        auctioneer or auction monitor 
      ------------------------------------------------------------------------------------ 
       Name                               National Express Group PLC 
----  ---------------------------------  ------------------------------------------------- 
       LEI                                213800A8IQEMY8PA5X34 
----  ---------------------------------  ------------------------------------------------- 
3.     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 
      ------------------------------------------------------------------------------------ 
       Description of the              Ordinary shares of 5p each 
        financial instrument 
      -------------------------------  --------------------------------------------------- 
       Identification code             GB0006215205 
      -------------------------------  --------------------------------------------------- 
       Nature of the transaction        Purchase of shares 
      -------------------------------  --------------------------------------------------- 
       Price (s) and volume(s)             Price(s)      Volume(s)   Total 
                                            GBP1.068246   45,000      GBP48,071.07 
                                           ------------  ----------  ------------- 
      -------------------------------  --------------------------------------------------- 
       Date of the transaction          31 May 2023 
      -------------------------------  --------------------------------------------------- 
       Place of the transaction         London Stock Exchange 
      -------------------------------  --------------------------------------------------- 
 
 
 
1.    Details of PDMR / PCA 
       Full Name                        Ignacio Garat 
      -------------------------------  --------------------------------------------------- 
       Position / status                Group Chief Executive Officer, PDMR 
      -------------------------------  --------------------------------------------------- 
       Initial notification             Initial notification 
        / amendment 
----  -------------------------------  --------------------------------------------------- 
2.     Details of the issuer, emission allowance market participant, auction platform, 
        auctioneer or auction monitor 
      ------------------------------------------------------------------------------------ 
       Name                               National Express Group PLC 
----  ---------------------------------  ------------------------------------------------- 
       LEI                                213800A8IQEMY8PA5X34 
----  ---------------------------------  ------------------------------------------------- 
3.     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 
      ------------------------------------------------------------------------------------ 
       Description of the              Ordinary shares of 5p each 
        financial instrument 
      -------------------------------  --------------------------------------------------- 
       Identification code             GB0006215205 
      -------------------------------  --------------------------------------------------- 
       Nature of the transaction        Purchase of shares 
      -------------------------------  --------------------------------------------------- 
       Price (s) and volume(s)             Price(s)   Volume(s)   Total 
                                            GBP1.082   18,484      GBP19,999.69 
                                           ---------  ----------  ------------- 
      -------------------------------  --------------------------------------------------- 
       Date of the transaction          1 June 2023 
      -------------------------------  --------------------------------------------------- 
       Place of the transaction         London Stock Exchange 
      -------------------------------  --------------------------------------------------- 
 
 
 
1.    Details of PDMR / PCA 
       Full Name                        James Stamp 
      -------------------------------  --------------------------------------------------- 
       Position / status                Group Chief Financial Officer, PDMR 
      -------------------------------  --------------------------------------------------- 
       Initial notification             Initial notification 
        / amendment 
----  -------------------------------  --------------------------------------------------- 
2.     Details of the issuer, emission allowance market participant, auction platform, 
        auctioneer or auction monitor 
      ------------------------------------------------------------------------------------ 
       Name                               National Express Group PLC 
----  ---------------------------------  ------------------------------------------------- 
       LEI                                213800A8IQEMY8PA5X34 
----  ---------------------------------  ------------------------------------------------- 
3.     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 
      ------------------------------------------------------------------------------------ 
       Description of the              Ordinary shares of 5p each 
        financial instrument 
      -------------------------------  --------------------------------------------------- 
       Identification code             GB0006215205 
      -------------------------------  --------------------------------------------------- 
       Nature of the transaction        Purchase of shares 
      -------------------------------  --------------------------------------------------- 
       Price (s) and volume(s)             Price(s)      Volume(s)   Total 
                                            GBP1.056746   18,819      GBP19,886.90 
                                           ------------  ----------  ------------- 
      -------------------------------  --------------------------------------------------- 
       Date of the transaction          31 May 2023 
      -------------------------------  --------------------------------------------------- 
       Price (s) and volume(s)             Price(s)      Volume(s)   Total 
                                            GBP1.079499    18,422     GBP19,886.53 
                                           ------------  ----------  ------------- 
      -------------------------------  --------------------------------------------------- 
       Date of the transaction          1 June 2023 
      -------------------------------  --------------------------------------------------- 
       Place of the transaction         London Stock Exchange 
      -------------------------------  --------------------------------------------------- 
 
 
 
1.    Details of PDMR / PCA 
       Full Name                        Simon Callander 
      -------------------------------  --------------------------------------------------- 
       Position / status                Group General Counsel & Company Secretary, PDMR 
      -------------------------------  --------------------------------------------------- 
       Initial notification             Initial notification 
        / amendment 
----  -------------------------------  --------------------------------------------------- 
2.     Details of the issuer, emission allowance market participant, auction platform, 
        auctioneer or auction monitor 
      ------------------------------------------------------------------------------------ 
       Name                               National Express Group PLC 
----  ---------------------------------  ------------------------------------------------- 
       LEI                                213800A8IQEMY8PA5X34 
----  ---------------------------------  ------------------------------------------------- 
3.     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 
      ------------------------------------------------------------------------------------ 
       Description of the              Ordinary shares of 5p each 
        financial instrument 
      -------------------------------  --------------------------------------------------- 
       Identification code             GB0006215205 
      -------------------------------  --------------------------------------------------- 
       Nature of the transaction        Purchase of shares 
      -------------------------------  --------------------------------------------------- 
       Price (s) and volume(s)             Price(s)      Volume(s)   Total 
                                            GBP1.056995   37,653      GBP39,799.03 
                                           ------------  ----------  ------------- 
      -------------------------------  --------------------------------------------------- 
       Date of the transaction          31 May 2023 
      -------------------------------  --------------------------------------------------- 
       Place of the transaction         London Stock Exchange 
      -------------------------------  --------------------------------------------------- 
 
 

The above notice is given in fulfilment of the Company's obligation under DTR 3.1 and Article 19 of the EU Market Abuse Regulation 596/2014.

   -     END    - 

National Express contacts and telephone number for enquiries:

Simon Callander, Group General Counsel & Company Secretary

+44 (0) 7795 232 708

Gillian Saunderson, Deputy Company Secretary

+44 (0) 7506 642 348

Notes:

Legal Entity Identifier: 213800A8IQEMY8PA5X34

Classification: 3.1 (with reference to DTR6 Annex 1R)

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