Last checked at 6 Jun 2017 16:02
FIRSTGROUP PLC - Director/PDMR ShareholdingFIRSTGROUP PLC - Director/PDMR Shareholding
PR Newswire
London, June 6
FirstGroup PLC
6 June 2017
Director/PDMR Shareholding
Exercise and Sale under the Executive Annual Bonus Plan 2014 (“EABP 2014”)
FirstGroup plc (the "Company") has been notified that the Executive Director and Persons Discharging Managerial Responsibilities (“PDMRs”) detailed below, exercised conditional awards over 331,424 ordinary shares of 5 pence each under the EABP 2014. Following the release, 159,174 were sold at a price of £1.41.
| Participant | Reason for notification | EABP 2014 award | Transaction |
| Tim O’Toole | Executive Director | 223,554 | Sell sufficient to cover tax |
| David Leach | PDMR | 34,703 | Sell all |
| Bradley Thomas | PDMR | 73,167 | Sell sufficient to cover tax |
Exercise and Sale under the Executive Annual Bonus Plan 2015 (“EABP 2015”)
The Company has also been notified that Matthew Gregory, Executive Director, exercised an option over 89,530 ordinary shares of 5 pence each under the EABP 2015. Following the exercise, the Executive Director sold 42,164 shares at a price of £1.3987 per share to cover his Income Tax and National Insurance liabilities.
The transactions listed above took place in London (XLON) on 5 June 2017 and the Company was notified on 6 June 2017.
This notification is made under Article 19.3 of the Market Abuse Regulation.
Enquiries:
Sarah Steadman
Share Schemes & Company Secretarial Assistant 0207 725 2731
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Tim O’Toole David Leach Bradley Thomas | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Executive Director PDMR PDMR | ||||
| b) | Initial notification /Amendment | Initial | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | FirstGroup plc | ||||
| b) | LEI | 549300DEJZCPWA4HKM93 | ||||
| 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 5p each GB0003452173 | ||||
| b) | Nature of the transaction | Release of awards under the EABP 2014 | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | 331,424 NIL | ||||
| e) | Date of the transaction | 5/06/2017 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 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 | ||||||
| 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 5p each GB0003452173 | ||||
| b) | Nature of the transaction | Subsequent sale to cover for tax and social security liabilities – Tim O’Toole and Bradley Thomas. Sale of all shares – David Leach | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Tim O’Toole – 100,362 David Leach – 34,703 Bradley Thomas – 24,109 Tim O’Toole – £141,510 David Leach – £48,931 Bradley Thomas – £33,993 | ||||
| e) | Date of the transaction | 05/06/2017 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 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 | ||||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Matthew Gregory | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Executive Director | ||||
| b) | Initial notification /Amendment | Initial | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | FirstGroup plc | ||||
| b) | LEI | 549300DEJZCPWA4HKM93 | ||||
| 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 5p each GB0003452173 | ||||
| b) | Nature of the transaction | Exercise of awards under the EABP 2015. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | 89,530 NIL | ||||
| e) | Date of the transaction | 5/06/2017 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 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 | ||||||
| 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 5p each GB0003452173 | ||||
| b) | Nature of the transaction | Subsequent sale to cover Income Tax and National insurance liabilities | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | 42,164 £58,978 | ||||
| e) | Date of the transaction | 5/06/2017 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 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 | ||||||