25th Jul 2008 15:21
25 July 2008
FirstGroup plc Notification of transactions of directors/persons discharging managerial responsibility ("PDMR") Grant of options under the FirstGroup plc Long Term Incentive Plan ("LTIP") FirstGroup plc (the "Company") announces that the following Directors and PDMRsof the Company were awarded nil cost option awards over the Company's ordinaryshares of 5 pence under the LTIP which were formally granted to each of them on10 July 2008.Name Position LTIP Number of share awards Sir Moir Lockhead Director 174,033 Sidney Barrie Director 86,445 Dean Finch Director 102,659 David Leeder Director 87,687 Rachael Borthwick PDMR 25,719 Clive Burrows PDMR 30,226 Nick Chevis PDMR 75,014 John Evans PDMR 21,051 Andrew Haines PDMR 72,013 Paul Moore PDMR 26,530 Michael Murray PDMR 63,590 Nicola Shaw PDMR 72,013 Carey Paster PDMR 73,942 Louise Ruppel PDMR 27,588
The awards under the LTIP will vest at the end of the three year performance period subject to the satisfaction of twin performance conditions relating to absolute growth in the Company's earnings per share ("EPS") and total shareholder return ("TSR") against an appropriate comparator group over three years and provided the executive remains in employment. The scheme and the performance conditions are more fully described in the Notice of Annual General Meeting 2008, a copy can be accessed online at www.firstgroup.com.
The transaction took place at 395 King Street, Aberdeen AB24 5RP.
This announcement is made following notifications under the Disclosure Rule 3.1.2.
Contact:Sidney BarrieCompany Secretary
Tel: 01224 650114
vendorRelated Shares:
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