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National Express (NEX)

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Wednesday 19 May, 2010

National Express

Director/PDMR Shareholding

RNS Number : 2334M
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:  EUROPEAN EXPRESS ENTERPRISES LIMITED ("EEEL")

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: EEEL

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 EEEL

8.      

State the nature of the transaction:

DISPOSALS BY EEEL OF:

242,683 ORDINARY SHARES AT AN AVERAGE PRICE OF 240.04 PENCE ON 14 MAY 2010

165,391 ORDINARY SHARES AT AN AVERAGE PRICE OF 234.36 PENCE ON 17 MAY 2010

1,323,212 ORDINARY SHARES AT AN AVERAGE PRICE OF 238.67 PENCE ON 18 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:

1,731,286 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 1,731,286 ORDINARY SHARES REPRESENTING APPROXIMATELY 0.339% 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

LONDON, 17 MAY 2010

LONDON, 18 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):

86,105,062 ORDINARY SHARES REPRESENTING 16.881 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
 
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