18th Oct 2006 17:10
Stagecoach Group PLC18 October 2006 Exercise of Executive Share Options Stagecoach Group plc ("the Company") has been notified today, 18 October 2006,of the following transaction in the securities of the Company by a persondischarging managerial responsibility. The transactions have been notified inaccordance with Disclosure Rule 3.1.4R(1)(a). The Company received notification that the undermentioned employee exercisedExecutive Share Options over Ordinary Shares of 12/19th pence each in theCompany and subsequently sold those shares. The Executive Share Options exercised were as follows: Name Original Date Number of Ordinary Option Price Total Option of Grant Shares Under Per Value £ Option Share £ Ross Paterson 15.06.00 83,200 0.6250 52,000 Ross Paterson 21.06.01 45,950 0.7075 32,510 Of the 129,150 Ordinary Shares of 12/19th pence each exercised, 109,943 shareswere then sold at an average price of £1.3925 per share, resulting in totalproceeds of £153,096 before deducting transaction costs and taxes. 19,207ordinary shares were retained. Following these transactions, the individual's interests in the securities ofthe Company are as follows: Name Number of Ordinary % of Ordinary Number of Number of Shares held Shares in Ordinary Deferred issue Shares Held Ordinary Shares Under Under Executive Options Participation Plan Ross Paterson 34,132 < 0.01% 479,789 28,884 In addition, Ross Paterson is a potential beneficiary of the Stagecoach GroupEmployee Benefit Trust 2003 and the Stagecoach Group Qualifying Employee ShareTrust, which together hold 6,140,543 Ordinary Shares of 12/19th pence each,representing 0.56% of the total Ordinary Shares in issue. 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 18 October 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SGC.L