NATIONAL EXPRESS GROUP PLC
("Company")
Director/PDMR Share Purchase
The Company has been notified by Helen Weir, Ignacio Garat, James Stamp and Simon Callander, who are persons discharging managerial responsibilities ("PDMRs") of the Company, of the below detailed transactions effected on 31 May 2023 and 1 June 2023 relating to their respective interests in the ordinary shares of nominal value of 5 pence each in the capital of the Company ("Shares") (ISIN: GB0006215205):
| Name and position of PDMR | Number of Shares acquired | Purchase price per Share
| Total unrestricted beneficial interest held in Shares following the transaction ¹ | Total other interest held in Shares following the transactions ²
|
| Helen Weir, Non-Executive Chair | 45,000 | £1.068 | 76,000
| - |
| Ignacio Garat, Group Chief Executive Officer | 18,484 | £1.082
| 125,688 | 1,812,299 |
| James Stamp, Group Chief Financial Officer | 37,241 | £1.068 | 54,464 | 781,868 |
| Simon Callander, Group General Counsel and Company Secretary | 37,653 | £1.057 | 87,653 | 505,352 |
¹ Including those held by connected persons.
² Represents outstanding awards granted under the Company's Executive Deferred Bonus Plan and the Company's Long-Term Incentive Plan.
| 1. | Details of PDMR / PCA | ||||||||||
| | Full Name | Helen Weir | |||||||||
| | Position / status | Non-Executive Chair, PDMR | |||||||||
| | Initial notification / amendment | Initial notification | |||||||||
| 2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
|
| Name | National Express Group PLC | |||||||||
| LEI | 213800A8IQEMY8PA5X34 | ||||||||||
| 3. | 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 | ||||||||||
| | Description of the financial instrument
| Ordinary shares of 5p each
| |||||||||
| | Identification code | GB0006215205
| |||||||||
| | Nature of the transaction | Purchase of shares | |||||||||
| | Price(s) and volume(s) |
| |||||||||
| | Date of the transaction | 31 May 2023 | |||||||||
| | Place of the transaction | London Stock Exchange | |||||||||
| 1. | Details of PDMR / PCA | ||||||||||
| | Full Name | Ignacio Garat | |||||||||
| | Position / status | Group Chief Executive Officer, PDMR | |||||||||
| | Initial notification / amendment | Initial notification | |||||||||
| 2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
|
| Name | National Express Group PLC | |||||||||
| LEI | 213800A8IQEMY8PA5X34 | ||||||||||
| 3. | 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 | ||||||||||
| | Description of the financial instrument
| Ordinary shares of 5p each
| |||||||||
| | Identification code | GB0006215205
| |||||||||
| | Nature of the transaction | Purchase of shares | |||||||||
| | Price(s) and volume(s) |
| |||||||||
| | Date of the transaction | 1 June 2023 | |||||||||
| | Place of the transaction | London Stock Exchange | |||||||||
| 1. | Details of PDMR / PCA | ||||||||||
| | Full Name | James Stamp | |||||||||
| | Position / status | Group Chief Financial Officer, PDMR | |||||||||
| | Initial notification / amendment | Initial notification | |||||||||
| 2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
|
| Name | National Express Group PLC | |||||||||
| LEI | 213800A8IQEMY8PA5X34 | ||||||||||
| 3. | 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 | ||||||||||
| | Description of the financial instrument
| Ordinary shares of 5p each
| |||||||||
| | Identification code | GB0006215205
| |||||||||
| | Nature of the transaction | Purchase of shares | |||||||||
| | Price(s) and volume(s) |
| |||||||||
| | Date of the transaction | 31 May 2023 | |||||||||
| | Price(s) and volume(s) |
| |||||||||
| | Date of the transaction | 1 June 2023 | |||||||||
| | Place of the transaction | London Stock Exchange | |||||||||
| 1. | Details of PDMR / PCA | ||||||||||
| | Full Name | Simon Callander | |||||||||
| | Position / status | Group General Counsel & Company Secretary, PDMR
| |||||||||
| | Initial notification / amendment | Initial notification | |||||||||
| 2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
|
| Name | National Express Group PLC | |||||||||
| LEI | 213800A8IQEMY8PA5X34 | ||||||||||
| 3. | 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 | ||||||||||
| | Description of the financial instrument
| Ordinary shares of 5p each
| |||||||||
| | Identification code | GB0006215205
| |||||||||
| | Nature of the transaction | Purchase of shares | |||||||||
| | Price(s) and volume(s) |
| |||||||||
| | Date of the transaction | 31 May 2023 | |||||||||
| | Place of the transaction | London Stock Exchange | |||||||||
The above notice is given in fulfilment of the Company's obligation under DTR 3.1 and Article 19 of the EU Market Abuse Regulation 596/2014.
- END -
National Express contacts and telephone number for enquiries:
Simon Callander, Group General Counsel & Company Secretary
+44 (0) 7795 232 708
Gillian Saunderson, Deputy Company Secretary
+44 (0) 7506 642 348
Notes:
Legal Entity Identifier: 213800A8IQEMY8PA5X34
Classification: 3.1 (with reference to DTR6 Annex 1R)
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