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National Express (NEX)

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Monday 08 December, 2008

National Express

Director/PDMR Shareholding

RNS Number : 7026J
National Express Group PLC
08 December 2008
 



National Express Group PLC ('the Company')



The Company today received notification from David Ross, the Chairman of the Company, that he had through various agreements on various dates on or after 23 March 2006, and as part of a package of security including other assets of substantial value, pledged a total of 3,013,402 ordinary shares of 5 pence each in the Company to support personal borrowings from several banks.

David Ross has also notified the Company that none of these loans is currently in default. He has given an undertaking to the Board to facilitate an orderly market, where possible, for any future disposal of shares in the Company.


No other Director of the Company has granted security over or entered into any financial instruments relating to any of their holdings of shares in the Company.


Name of contact and telephone number for queries: Tony McDonald, Group Company Secretary on 020 7506 4325.


For and on behalf of National Express Group PLC




Date: 8 December 2008



This information is provided by RNS
The company news service from the London Stock Exchange
 
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