Company Announcements

Director/PDMR Shareholding

Source: OMX
Director/PDMR Shareholding

Stagecoach Group plc

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility

Stagecoach Group plc 2013 Executive Participation Plan (the “EPP”) and Stagecoach Restricted Share Plan (the “RSP”)

Granting of EPP Deferred Share Awards for 2021

On 1 July 2021, each of the executive directors set out below was granted new Deferred Share awards under the EPP.

The EPP Deferred Share Awards are notional interests in Ordinary Shares of 125/228thp in the Company (“Deferred Shares”) together with an entitlement to an additional number of Deferred Shares equivalent to any dividends that would have been paid on the shares throughout the vesting period. The awards were made on 1 July 2021 and are subject to a restricted period of three years from the date of grant and the extent to which the awards vest will be subject to assessment of performance conditions on vesting.

The EPP Deferred Share Awards made were as follows:



Name of director
Number of Deferred Shares awarded
Martin Griffiths516,199
Ross Paterson344,159

Granting of RSP Awards for 2021

On 1 July 2021, each of the executive directors set out below was granted Conditional Awards under the RSP.

The RSP Awards are a conditional entitlement to 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 vesting period. The awards were made on 1 July 2021 and are capable of vesting in three equal tranches, the normal vesting dates for which shall be the fourth, fifth and sixth anniversaries of the date of grant respectively.

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 RSP Awards made were as follows:



Name of director
Number of Shares subject to Award
Martin Griffiths595,615
Ross Paterson397,107

The above transactions have been notified in accordance with the requirements of the EU Market Abuse Regulation.

The announcement on the granting of EPP Deferred Share Awards and RSP Awards, including the notifications below, are made in accordance with the requirements of the EU Market Abuse Regulation.

1 Details of the person discharging managerial responsibilities/person closely associated
a)NameMartin Griffiths
2Reason for the notification
a)Position/statusChief Executive
b)Initial notification/ AmendmentThis is an initial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameStagecoach Group plc
b)LEI4L663LRNTBQ008OK2N07
4Details 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 codeOrdinary Shares of 125/228p
ISIN: GB00B6YTLS95
b)Nature of the transactionAward by Stagecoach Group plc, for nil consideration, of 516,199 Deferred Shares, being notional interests in Ordinary Shares of 125/228thp in the Company under the Stagecoach Group plc 2013 Executive Participation Plan. The Award made on 1 July 2021, is subject to a restricted period of three years from the date of grant and to conditions to be assessed on vesting.
c)Price(s) and volume(s)Price(s)Volume(s)
Deferred Share awardNil consideration516,199
   
d)Aggregated information
— Aggregated volume
— Price


Not Applicable

e)Date of the transaction2021-07-01
f)Place of the transactionOutside a trading venue


1 Details of the person discharging managerial responsibilities/person closely associated
a)NameRoss Paterson
2Reason for the notification
a)Position/statusFinance Director
b)Initial notification/ AmendmentThis is an initial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameStagecoach Group plc
b)LEI4L663LRNTBQ008OK2N07
4Details 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 codeOrdinary Shares of 125/228p
ISIN: GB00B6YTLS95
b)Nature of the transaction



Award by Stagecoach Group plc, for nil consideration, of 344,159 Deferred Shares, being notional interests in Ordinary Shares of 125/228thp in the Company under the Stagecoach Group plc 2013 Executive Participation Plan. The Award made on 1 July 2021, is subject to a restricted period of three years from the date of grant and to conditions to be assessed on vesting.

c)Price(s) and volume(s)Price(s)Volume(s)
Deferred Share AwardNil consideration344,159
   
d)Aggregated information
— Aggregated volume
— Price


Not Applicable

e)Date of the transaction2021-07-01
f)Place of the transactionOutside a trading venue


1 Details of the person discharging managerial responsibilities/person closely associated
a)NameMartin Griffiths
2Reason for the notification
a)Position/statusChief Executive
b)Initial notification/ AmendmentThis is an initial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameStagecoach Group plc
b)LEI4L663LRNTBQ008OK2N07
4Details 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 codeOrdinary Shares of 125/228p
ISIN: GB00B6YTLS95
b)Nature of the transactionAward by Stagecoach Group plc, for nil consideration, of Conditional Awards over 595,615 Shares, being conditional rights to receive Ordinary Shares of 125/228thp in the Company under the Stagecoach Restricted Share Plan, 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 Award made on 1 July 2021, is capable of vesting in three equal tranches, the normal vesting dates for which shall be the fourth, fifth and sixth anniversaries of the date of grant respectively.
c)Price(s) and volume(s)Price(s)Volume(s)
Conditional Share AwardsNil consideration595,615
   
d)Aggregated information
— Aggregated volume
— Price


Not Applicable

e)Date of the transaction2021-07-01
f)Place of the transactionOutside a trading venue


1 Details of the person discharging managerial responsibilities/person closely associated
a)NameRoss Paterson
2Reason for the notification
a)Position/statusFinance Director
b)Initial notification/ AmendmentThis is an initial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameStagecoach Group plc
b)LEI4L663LRNTBQ008OK2N07
4Details 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 codeOrdinary Shares of 125/228p
ISIN: GB00B6YTLS95
b)Nature of the transaction



Award by Stagecoach Group plc, for nil consideration, of Conditional Awards over 397,107 Shares, being conditional rights to receive Ordinary Shares of 125/228thp in the Company under the Stagecoach Restricted Share Plan, 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 Award made on 1 July 2021, is capable of vesting in three equal tranches, the normal vesting dates for which shall be the fourth, fifth and sixth anniversaries of the date of grant respectively.
c)Price(s) and volume(s)Price(s)Volume(s)
Conditional Share AwardsNil consideration397,107
   
d)Aggregated information
— Aggregated volume
— Price


Not Applicable

e)Date of the transaction2021-07-01
f)Place of the transactionOutside a trading venue

For further information, please contact:

Analysts
Martin Griffiths, Chief Executive                                01738 442111
Ross Paterson, Finance Director                                07714 667 897

Media
Steven Stewart, Director of Corporate Communications         07764 774 680

1 July 2021


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