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Director/PDMR Shareholding

27th Jun 2008 12:27

RNS Number : 7279X
Stagecoach Group PLC
27 June 2008
 



Stagecoach Group Plc27 June 2008

Exercise of Executive Share Options 

 

27 June 2008

 

Stagecoach Group plc ("the Company") has been notified on 26 June 2008 of 

the following transaction in the securities of the Company by a person 

discharging managerial responsibility. The transactions have been notified in 

accordance with Disclosure Rule 3.1.4R(1)(a). 

 

The undermentioned director exercised Executive Share Options over Ordinary 

Shares of 56/57th pence each in the Company. 

 

The Executive Share Options Exercised were as follows: Name Original Date Number of Option Price Total Option Of Grant Ordinary shares Per Share £ Value £ Under Option Martin 10/12/2004 98,822 £1.1150 £110,186.53Griffiths

 

 

All of the 98,822 Ordinary Shares of 56/57th pence each exercised were sold to 

market at an average price achieved of £2.7013. 

 

Following these transactions, the individual's interests in the securities of 

the Company are as follows: 

 

Name Interest in % of Ordinary Number of Number of Ordinary Shares Shares in Issue Ordinary Shares Deferred subject to Ordinary Shares Options Participation Martin 19,350 Griffiths

  

In addition, Martin Griffiths is a potential beneficiary of the Stagecoach Group 

Employee Benefit Trust 2003 and the Stagecoach Group Qualifying Share Ownership Trust ("the QUEST") which together hold 5,397,403 Ordinary Shares of 56/57th 

pence each, representing 0.75% of the total Ordinary Shares in issue.

 

 

For further information, please contact: 

 

Stagecoach Group plc www.stagecoachgroup.com 

 

Steven Stewart, Director of Corporate Communications 01738 442111 

 

27 June 2008

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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