Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them
Stagecoach Restricted Share Plan (the “RSP”)
Granting of RSP Awards for 2020
On
The RSP Awards are conditional rights to acquire Ordinary Shares of 125/228thp in the Company (“Shares”) together with an entitlement to an additional number of Shares equivalent to any dividends that would have been paid on the Shares throughout the normal vesting period. The awards were made on
The Shares will be subject to a holding period which will commence on the normal vesting date and end on the fifth anniversary of the date of grant.
The awards made were as follows:
| Number of Shares subject to Award |
621,741 | |
414,526 |
The announcement on the granting of RSP Awards, including the notifications below, is made in accordance with the requirements of the EU Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | |||||
2 | Reason for the notification | ||||
a) | Position/status | Chief Executive | |||
b) | Initial notification/ Amendment | This is an initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | |||||
b) | LEI | 4L663LRNTBQ008OK2N07 | |||
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 125/228p ISIN: GB00B6YTLS95 | |||
b) | Nature of the transaction | Award by | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
Conditional Share Awards | Nil consideration | 621,741 | |||
d) | Aggregated information — Aggregated volume — Price | Not Applicable | |||
e) | Date of the transaction | 2020-12-10 | |||
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |||
a) | ||||
2 | Reason for the notification | |||
a) | Position/status | Finance Director | ||
b) | Initial notification/ Amendment | This is an initial notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | ||||
b) | LEI | 4L663LRNTBQ008OK2N07 | ||
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 125/228p ISIN: GB00B6YTLS95 | ||
b) | Nature of the transaction | Award by | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
Conditional Share Awards | Nil consideration | 414,526 | ||
d) | Aggregated information — Aggregated volume — Price | Not Applicable | ||
e) | Date of the transaction | 2020-12-10 | ||
f) | Place of the transaction | Outside a trading venue |
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