26th Jan 2011 16:17
26 January 2011
FirstGroup plc Notification of transactions of directors/persons discharging managerial responsibility ("PDMR")
FirstGroup plc (the "Company") announces that on 25 January 2011 a grant of an award over the Company's ordinary shares of 5 pence each was made to the Company's Chief Executive, Tim O'Toole, as a retention award (the "Retention Share Award") as detailed in the table below.
The Retention Share Award takes the form of a conditional share award and will vest on 1 November 2013 provided that Tim O'Toole has not ceased to be employed by the Company or given notice of his resignation (other than for certain good leaver reasons). There is no consideration payable for the grant of the Retention Share Award.
Name of Director No. of conditional shares awarded Tim O'Toole 214,826 The transaction took place at 50 Eastbourne Terrace, Paddington, London W2 6LG.
This announcement is made following notifications under the Disclosure Rule 3.1.2.
Contact:
Rachael Borthwick, Group Corporate Communications Director
Tel: +44 (0) 207 291 0508
Mobile: +44 (0)7771 945432
Sidney Barrie, Group Commercial Director and Company Secretary
Tel: +44 (0) 1224 650114
vendorRelated Shares:
Firstgroup