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National Express (NEX)

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Tuesday 01 September, 2009

National Express

Director/PDMR Shareholding

RNS Number : 3503Y
National Express Group PLC
01 September 2009
 




National Express Group PLC ('the Company') announces that the following awards of the Company's ordinary 5 pence shares were made to the two Executive Directors of the Company on 1 September 2009 (the 'Awards'). The Awards have been made in accordance with the rules of the Company's Long Term Incentive Plan approved at the 2005 AGM. The Awards are granted as nil cost options; the calculations of the number of shares awarded being based on the middle market price on 28 August 2009 of £3.984 per share. The awards will vest under normal circumstances, subject to the achievement of the performance conditions, in three years from the date of grant.


 

2009 LTIP Award

 

Existing Holdings

 

Performance Shares

Matching Shares



Executive Share Awards

Savings Related Share Option Plan

National Express Group PLC shares

Jez Maiden

91,616

68,910

78,733

0

16,000

Ray O'Toole

100,401

100,400

169,561

312

31,364





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