Source - PRN

FirstGroup PLC

6 June 2017

Director/PDMR Shareholding

Exercise and Sale under the Executive Annual Bonus Plan 2014 (“EABP 2014”)

FirstGroup plc (the "Company") has been notified that the Executive Director and Persons Discharging Managerial Responsibilities (“PDMRs”) detailed below, exercised conditional awards over 331,424 ordinary shares of 5 pence each under the EABP 2014. Following the release, 159,174 were sold at a price of £1.41.

Participant Reason for notification EABP 2014 award Transaction
Tim O’Toole Executive Director 223,554 Sell sufficient to cover tax
David Leach PDMR 34,703 Sell all
Bradley Thomas PDMR 73,167 Sell sufficient to cover tax

Exercise and Sale under the Executive Annual Bonus Plan 2015 (“EABP 2015”)

The Company has also been notified that Matthew Gregory, Executive Director, exercised an option over 89,530 ordinary shares of 5 pence each under the EABP 2015. Following the exercise, the Executive Director sold 42,164 shares at a price of £1.3987 per share to cover his Income Tax and National Insurance liabilities.

The transactions listed above took place in London (XLON) on 5 June 2017 and the Company was notified on 6 June 2017.

This notification is made under Article 19.3 of the Market Abuse Regulation. 

Enquiries:

Sarah Steadman

Share Schemes & Company Secretarial Assistant                                   0207 725 2731

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Tim O’Toole
David Leach
Bradley Thomas
2 Reason for the notification
a) Position/status Executive Director
PDMR
PDMR
b) Initial notification /Amendment Initial
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name FirstGroup plc
b) LEI 549300DEJZCPWA4HKM93
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument

Identification code
Ordinary shares of 5p each


GB0003452173
b) Nature of the transaction Release of awards under the EABP 2014
c) Price(s) and volume(s)
 
Price(s) Volume(s)
NIL Tim O’Toole -223,554
David Leach - 34,703
Bradley Thomas – 73,167
d) Aggregated information
- Aggregated volume
- Price

331,424
NIL
e) Date of the transaction 5/06/2017
f) Place of the transaction London Stock Exchange (XLON)
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument

Identification code
Ordinary shares of 5p each


GB0003452173
b) Nature of the transaction
 
Subsequent sale to cover for tax and social security liabilities – Tim O’Toole and Bradley Thomas.
Sale of all shares – David Leach
c) Price(s) and volume(s)
 
Price(s) Volume(s)
£1.41
£1.41
£1.41
Tim O’Toole – 100,362
David Leach – 34,703
Bradley Thomas – 24,109
d) Aggregated information

- Aggregated volume


- Price


Tim O’Toole – 100,362
David Leach – 34,703
Bradley Thomas – 24,109

Tim O’Toole – £141,510
David Leach – £48,931
Bradley Thomas – £33,993
e) Date of the transaction 05/06/2017
f) Place of the transaction London Stock Exchange (XLON)
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name
 
Matthew Gregory
2 Reason for the notification
a) Position/status
 
Executive Director
b) Initial notification /Amendment Initial
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name FirstGroup plc
b) LEI 549300DEJZCPWA4HKM93
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument

Identification code
Ordinary shares of 5p each


GB0003452173
b) Nature of the transaction
 
Exercise of awards under the EABP 2015.
c) Price(s) and volume(s)
 
Price(s) Volume(s)
NIL 89,530
d) Aggregated information

- Aggregated volume

- Price


89,530

NIL
e) Date of the transaction 5/06/2017
f) Place of the transaction London Stock Exchange (XLON)
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument

Identification code
Ordinary shares of 5p each


GB0003452173
b) Nature of the transaction
 
Subsequent sale to cover Income Tax and National insurance liabilities 
c) Price(s) and volume(s)
 
Price(s) Volume(s)
£1.3987 42,164
d) Aggregated information

- Aggregated volume

- Price


42,164

£58,978
e) Date of the transaction 5/06/2017
f) Place of the transaction London Stock Exchange (XLON)
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted