25th Jan 2005 09:31
Stagecoach Group PLC25 January 2005 Director's Share Options The Company received notification on 24 January 2005, that Mr Graham Eccles,Executive Director, exercised Executive Share Options over 531,200 Ordinaryshares of 12/19th pence each in the Company and subsequently sold those shares. The Executive Share Options exercised were as follows: Original Date of Number of Ordinary Exercise Price Total Exercise Grant Shares Under Per Price £ Option Share £ 15 June 2000 216,000 £0.6250 135,000 21 June 2001 315,200 £0.7075 223,004 Total 531,200 358,004 The 531,200 Ordinary Shares of 12/19th pence each were sold at an average priceof £1.12 per share, resulting in total proceeds of £594,944.00, before deductingtransaction costs and taxes. Following these transactions, Graham Eccles holds 92,812 Ordinary Shares of 12/19th pence each in the Company, representing less than 0.01% of the totalOrdinary Shares in issue. In addition, as an Executive Director of the Company,Graham Eccles is a potential beneficiary of the Stagecoach Group EmployeeBenefit Trust 2003 and the Stagecoach Group Qualifying Employee Share Trust,which together hold 9,432,765 Shares of 12/19th pence each, representing 0.88%of the total Ordinary Shares in issue. Graham Eccles holds share options over2,187,990 Ordinary shares of 12/19th pence each. For further information, please contact: Stagecoach Group plc www.stagecoachgroup.com Ross Paterson, Company Secretary 01738 442111 Steven Stewart, Head of Media & Public Affairs 01738 442111 25 January 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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