FirstGroup
plc
LEI:
549300DEJZCPWA4HKM93
8 August 2024
Director/PDMR
Shareholding
The
FirstGroup Long-Term Incentive Plan (“LTIP”)
On
2 August 2021, in accordance with the
rules of the LTIP, FirstGroup plc (the “Company”) granted 934,274
nil-cost options over Ordinary Shares of 5
pence each in the capital of the Company to Ryan Mangold, an Executive Director.
Following
the testing of the performance conditions attached to these
nil-cost options, which were reviewed as part of the FY 2024 audit,
the Remuneration Committee has confirmed that 934,274 nil-cost
options (100%) would vest.
Mr Mangold
exercised 934,274 nil-cost options on 7
August 2024. On
7 August 2024, 440,084 Ordinary
Shares were sold at 158.87 pence per
share to cover applicable tax and national insurance.
Following
exercise of the awards, the balance, 494,190 shares, were released
to Mr Mangold in accordance with the Plan Rules.
On
8 August 2024 Mr Mangold transferred
444,190 shares to his wife, a connected person, at nil
cost.
This
notification is made in accordance with Article 19 of the UK Market
Abuse Regulation (EU) 596/2014.
Enquiries:
David Blizzard, Company Secretary
Stuart
Butchers, Group Head of Communications
Tel: +44
(0) 20 7725 3354
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
|
Ryan Mangold
|
|
2
|
Reason
for the notification
|
|
a)
|
Position/status
|
Chief
Financial Officer and 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 nil-cost options to acquire shares under the LTIP granted in
2021, sale of shares to cover tax and transfer of shares to
spouse
|
|
c)
|
Price(s)
and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
£1.5887
Nil
Nil
|
Options
exercised 934,274
Shares
sold to cover tax 440,084
Number of
shares released 494,190
Number of
shares transferred
to
spouse 444,190
|
|
|
d)
|
Aggregated
Information
-
Aggregated
volume
-
Price
|
See
above
£699,161.45
|
|
e)
|
Date of
the transaction
|
7 August
2024 / 8 August 2024
|
|
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
|
Nicole Mangold
|
|
2
|
Reason
for the notification
|
|
a)
|
Position/status
|
Wife of
Ryan Mangold, Chief Financial Officer
|
|
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
|
Transfer
of shares from Ryan Mangold
|
|
c)
|
Price(s)
and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
444,190
|
|
|
d)
|
Aggregated
Information
-
Aggregated
volume
-
Price
|
444,190
£0.00
|
|
e)
|
Date of
the transaction
|
8 August
2024
|
|
f)
|
Place of
the transaction
|
Off market
gift
|
|
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
|