29th Jun 2007 11:52
Stagecoach Group PLC29 June 2007 Long Term Incentive Scheme Awards Stagecoach Group plc ("the Company") confirms today, 29 June 2007, that twodirectors were granted awards under the Stagecoach Group plc 2005 Long TermIncentive Plan (the "2005 LTIP"). The transactions have been notified inaccordance with Disclosure Rule 3.1.4R(1)(a). The awards under the 2005 LTIP comprise conditional entitlements to a number ofIncentive Units. The notional cash value of each incentive unit is equal to themarket value of one Ordinary Share in the Company from time to time. The awardsare made subject to performance conditions. It is anticipated that when theawards vest, they will be settled in cash although the 2005 LTIP permits theawards to be settled in shares. The awards made were as follows: +-------------+---------------+---------------+------------+------------+| Name of | Date of Award |Normal date of |Number of |Total number|| Director | |vesting |LTIP | of LTIP || | | |incentive | incentive || | | |units | units held || | | |granted | following || | | | | the award || | | | | |+-------------+---------------+---------------+------------+------------+|Brian Souter |29 June 2007 |29 June 2010 | 294,129 | 1,237,022 |+-------------+---------------+---------------+------------+------------+|Martin |29 June 2007 |29 June 2010 | 199,170 | 663,304 ||Griffiths | | | | |+-------------+---------------+---------------+------------+------------+ For further information, please contact: Stagecoach Group plc www.stagecoachgroup.com Ross Paterson, Company Secretary 01738 442111 29 June 2007 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SGC.L