17th Nov 2015 10:54
The Go-Ahead Group plc
("The Company")
Director / PDMR Shareholding
The Go-Ahead Group plc Deferred Share Bonus Plan (the "DSBP")
Vesting of DSBP 2012 Award
The Go-Ahead Group plc announces that the shares awarded under the DSBP on 13 November 2012 have following the expiry of the three year deferral period now become eligible to vest. The Remuneration Committee resolved that the Executive Directors were entitled to receive the awards. These awards became eligible for vesting from 13 November 2015, the third anniversary of the date of grant.
Computershare Trustees (Jersey) Limited, Trustees of The Go-Ahead Group Employee Share Trust, were instructed to carry out the following transactions on behalf of the Executive Directors:
Details are shown below:
Executive Director: | Number of shares awarded/vested in 2012 DSBP Award | Number of shares sold: | Number of shares retained and transferred into spouse's name: |
David Brown | 8,661 | 4,071 | 4,590 |
Keith Down | 5,543 | 5,543 | n/a |
The shares were sold at £25.570 per share.
Following the above transactions, the Executive Directors and their connected persons will hold shares as follows:
Name of person discharging managerial responsibilities | Total holding following notification*
| Total percentage holding following notification (treasury shares have not be taken into account when calculating percentage) |
David Brown | 66,252 | 0.15% |
Keith Down | 26,173 | 0.06% |
*Total holding following notification includes unvested deferred shares awarded under the Company's Deferred Share Bonus Plan 2012, but still being held in the deferral period.
For further information please contact:
Carolyn Ferguson, Company Secretary - 0191 232 3123
Related Shares:
GOG.L