FIRSTGROUP PLC : - Director/PDMR Shareholding

FirstGroup plc
28 July 2020

Director/PDMR Shareholding

Exercise of options under LTIP and EABP schemes and partial sale to
satisfy resulting Income Tax and National Insurance liabilities

FirstGroup plc (the "Company") has been notified that Chief Executive Matthew Gregory exercised the following options over ordinary shares of 5 pence each which were awarded in 2017, in accordance with the terms of the LTIP and EABP schemes:

Plan	Number of shares under option
Long Term Incentive Plan 2017 (“LTIP 2017”)	87,650
Executive Annual Bonus Plan 2017 (“EABP 2017”)	162,187

Matthew’s beneficial holding of ordinary shares in the Company has increased from 425,063 to 557,061. As part of the exercise, Matthew sold 117,839 of the shares, which was the amount required to satisfy the resulting Income Tax and National Insurance liabilities.

The transactions listed above took place in London (XLON) on 27 July 2020.

The information below is provided in accordance with the requirements of the Disclosure Guidance and Transparency Rules (“DGTR”) 6.2.2AR:

Legal Entity Identifier:  549300DEJZCPWA4HKM93

Classification as per DGTR 6 Annex 1R: 2.2

In addition, the notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Enquiries:

Silvana Glibota-Vigo, Deputy Company Secretary

Tel: [phone]

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	Chief Executive
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 option under the LTIP 2017 Exercise of option under the EABP 2017
c)	Price(s) and volume(s)	Price(s) Volume(s) NIL NIL 87,650 162,187
d)	- Aggregated volume - Price	87,650 NIL
d)	- Aggregated volume - Price	162,187 NIL
e)	Date of the transaction	27 July 2020
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) 31.54 pence 117,839
d)	Aggregated information - Aggregated volume - Price	117,839 £37,166
e)	Date of the transaction	27 July 2020
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