2nd Sep 2009 11:51
FORM 8.1
DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES
FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS
(Rules 8.1(a) and (b)(i) of the Takeover Code)
1. KEY INFORMATION
|
Name of person dealing |
MR. JEZ MAIDEN |
|
Company dealt in |
NATIONAL EXPRESS GROUP PLC |
|
Class of relevant security to which the dealings being disclosed relate |
ORDINARY SHARES OF 5 PENCE EACH |
|
Date of dealing |
1 SEPTEMBER 2009 |
2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE
(a) Interests and short positions (following dealing) in the class of relevant security dealt in
|
Long |
Short |
|
|
Number (%) |
Number (%) |
|
|
(1) Relevant securities |
16,000 (0.01%) |
|
|
(2) Derivatives (other than options) |
||
|
(3) Options and agreements to purchase/sell |
||
|
Total |
16,000 (0.01%) |
(b) Interests and short positions in relevant securities of the company, other than the class dealt in
|
Class of relevant security: |
Long |
Short |
|
Number (%) |
Number (%) |
|
|
(1) Relevant securities |
||
|
(2) Derivatives (other than options) |
||
|
(3) Options and agreements to purchase/sell |
||
|
Total |
(c) Rights to subscribe
|
Class of relevant security: |
Details |
|
Ordinary Shares |
7, 918 Performance Share awards under Executive Deferred Share Bonus Plan 70,815 Deferred Share awards under Jeremy Maiden Share Award Agreement |
3. DEALINGS
(a) Purchases and sales
|
Purchase/sale |
Number of securities |
Price per unit |
|
Purchase |
1,763 |
£4.0557 |
|
Purchase |
8,237 |
£4.0150 |
(b) Derivatives transactions (other than options)
|
Product name, e.g. CFD |
Long/short |
Number of securities |
Price per unit |
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
|
Product name, e.g. call option |
Writing, selling, purchasing, varying etc. |
Number of securities to which the option relates |
Exercise price |
Type, e.g. American, European etc. |
Expiry date |
Option money paid/received per unit |
(ii) Exercising
|
Product name, e.g. call option |
Number of securities |
Exercise price per unit |
(d) Other dealings (including new securities)
|
Nature of transaction |
Details |
Price per unit (if applicable) |
|
Grant of awards by National Express Group PLC under Long Term Incentive Plan |
Award of 91,616 Performance Shares and matching award of 68,910 Matching Shares under Long Term Incentive Plan The awards will vest under normal circumstances, subject to the achievement of performance conditions, in three years from the date of grant. |
Awards are granted as nil cost options; the calculations of the number of shares awarded being based on the middle market price on 28 August 2009 of £3.984 per share. |
4. OTHER INFORMATION
Agreements, arrangements or understandings relating to options or derivatives
|
Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. |
Is a Supplemental Form 8 attached? NO
|
Date of disclosure |
2 SEPTEMBER 2009 |
|
Contact name |
DIANNE ROBINSON |
|
Telephone number |
20 7506 4334 |
|
Name of offeree/offeror with which associated |
NATIONAL EXPRESS GROUP PLC |
|
Specify category and nature of associate status |
CATEGORY (3): DIRECTORS OF NATIONAL EXPRESS GROUP PLC |
Related Shares:
NEX.L