27th Jun 2005 15:16
National Express Group PLC27 June 2005 National Express Group PLC (the 'Company') announces that the RemunerationCommittee has agreed to the following awards of the Company's ordinary 5 penceshares to the three Executive Directors of the Company on 27 June 2005 (the 'Awards'). The Awards have been made in accordance with the rules of theCompany's Long Term Incentive Plan approved at the 2005 AGM and vesting issubject to the performance criteria approved at that meeting. The Awards aregranted as nil cost options; the calculations of the number of shares awardedbeing based on the middle market price on 24 June 2005 of £9.21 per share. Theawards will vest under normal circumstances, subject to the achievement of theperformance conditions, in three years from the date of grant. LTIP Award Existing Executive Existing Performance Shares Matching Shares Share Options ShareholdingRay O'Toole 35,287 56,613 273,977 18,783Adam Walker 32,573 32,333 171,393 9,700Phil White 48,859 116,580 404,321 165,408 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
NEX.L