FirstGroup PLC
1 June 2017
Exercise and Sale under the Executive Annual Bonus Plan (“EABP”)
FirstGroup plc (the "Company") has been notified that Rachael Borthwick, a Person Discharging Managerial Responsibilities, has exercised options over 187,253 ordinary shares of 5 pence each, under various EABP grants. 88,186 were sold at a share price of £1.41 to cover Income Tax and National Insurance liabilities.
The transaction took place in London (XLON) on 1 June 2017 and the Company was notified on 2 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
|
Rachael Borthwick |
| 2 |
Reason for the notification |
| a) |
Position/status
|
Persons Disclosing Managerial Responsibility (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
|
Exercise of awards under the EABP 2014, EABP 2013, EABP 2012, EABP 2011, EABP 2010, EABP 2009 & EABP 2008 |
| c) |
Price(s) and volume(s)
|
| Price(s) |
Volume(s) |
NIL
NIL
NIL
NIL
NIL
NIL
NIL |
EABP 2014 -99,693
EABP 2013 -55,778
EABP 2012 -10,655
EABP 2011 -5,512
EABP 2010 -3,773
EABP 2009 -3,616
EABP 2008 -6,226 |
|
| d) |
Aggregated information
- Aggregated volume
- Price |
187,253
NIL |
| e) |
Date of the transaction |
01/06/2017 |
| f) |
Place of the transaction |
London Stock Exchange (XLON) |
| 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/National Insurance liabilities and dealing costs. |
| c) |
Price(s) and volume(s)
|
| Price(s) |
Volume(s) |
£1.410
£1.410
£1.410
£1.410
£1.410
£1.410
£1.410 |
EABP 2014 -46,949
EABP 2013 -27,210
EABP 2012 - 5,018
EABP 2011 - 2,596
EABP 2010 - 1,777
EABP 2009 -1,703
EABP 2008 -2,933 |
|
| d) |
Aggregated information
- Aggregated volume
- Price |
88,186
£124,342 |
| e) |
Date of the transaction |
01/06/2017 |
| f) |
Place of the transaction |
London Stock Exchange (XLON) |