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 125/228thp in the Company (“Deferred Shares”) being released and transferred to those persons for nil consideration in accordance with the rules of the EPP.
Lesen Sie auch
The Company transferred to Martin Griffiths and Ross Paterson ordinary shares of 125/228thp 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 |