Information  X 
Enter a valid email address

National Express (NEX)

  Print      Mail a friend

Wednesday 19 May, 2010

National Express

Director/PDMR Shareholding

RNS Number : 2331M
National Express Group PLC
19 May 2010
 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

1.      

Name of the Issuer:

 

NATIONAL EXPRESS GROUP PLC

2.      

State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006):

DTR 3.1.2 R

3.      

Name of person discharging managerial responsibilities/director:

JORGE COSMEN

4.      

State whether notification relates to a person connected with a person discharging managerial responsibilities/ director named in 3 and identify the connected person:

YES:  NORTHERN EXPRESS ENTERPRISES LIMITED ("NEEL")

5.      

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest:

BENEFICIAL INTEREST: NEEL

6.      

Description of shares (including class), debentures or derivatives or financial instruments relating to shares:

ORDINARY SHARES OF 5 PENCE EACH

7.      

Name of registered shareholders(s):

NOMINEES ON BEHALF OF NEEL

 

8.      

State the nature of the transaction:

DISPOSAL BY NEEL OF 2,000,000 ORDINARY SHARES AT AN AVERAGE PRICE OF 240.04 PENCE ON 14 MAY 2010.

9.      

Number of shares, debentures or financial instruments relating to shares acquired:

N/A

10.    

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage):

N/A

11.    

Number of shares, debentures or financial instruments relating to shares disposed:

2,000,000 ORDINARY SHARES

12.    

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage):

THE TRANSACTION RELATES TO 2,000,000 ORDINARY SHARES REPRESENTING APPROXIMATELY 0.392 PER CENT OF ALL ORDINARY SHARES

13.    

Price per share or value of transaction:

SEE 8 ABOVE

14.    

Date and place of transaction:

LONDON, 14 MAY 2010

15.    

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage):

2,755,624 ORDINARY SHARES REPRESENTING APPROXIMATELY 0.540 PER CENT OF ALL ORDINARY SHARES

16.    

Date issuer informed of transaction:

18 MAY 2010

 

Name and telephone number for queries: Tony McDonald, 020 7506 4325

For and on behalf of National Express Group PLC

Date of this notification: 19 May 2010

 


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