15th Oct 2007 14:12
Stagecoach Group PLC15 October 2007 Exercise of Executive Share Options Stagecoach Group plc ("the Company") has been notified today, 15 October 2007,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 undermentioned employee exercised Executive Share Options over OrdinaryShares of 56/57th pence each in the Company. The Executive Share Options exercised were as follows: +--------------+-----------+----------------+--------------+------------+| Name | Original |Number of | Option Price |Total Option|| | Date of |Ordinary Shares | Per | Value £ || | Grant |Under Option | | || | | | Share £ | || | | | | |+--------------+-----------+----------------+--------------+------------+|Ross Paterson | 26/06/2003| 104,132| 0.6050| 63,000|+--------------+-----------+----------------+--------------+------------+ Of the 104,132 Ordinary Shares of 56/57th pence each exercised, 94,132 shareswere then sold at an average price of £2.445 per share, resulting in totalproceeds of £230,153 before deducting transaction costs and taxes. 10,000Ordinary Shares were retained. Following these transactions, the individual's interests in the securities ofthe Company are as follows: +--------------+----------------+-----------+------------+-------------+| Name | Number of |% of | Number of | Number of || |Ordinary Shares |Ordinary | Ordinary | Deferred || | held |Shares in |Shares Held | Ordinary || | |issue | Under |Shares Under || | | | Options | Executive || | | | |Participation|| | | | | Plan || | | | | || | | | | |+--------------+----------------+-----------+------------+-------------+|Ross Paterson | 87,119| 0.01%| 162,324| 84,742|+--------------+----------------+-----------+------------+-------------+ 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 5,663,158 Ordinary Shares of 56/57th pence each,representing 0.8% 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 15 October 2007 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SGC.L