FirstGroup plc
8 June 2017
Director/PDMR Shareholding
Exercise and Sale to cover tax liability under the Long Term Incentive Plan
2014 ("LTIP 2014")
FirstGroup plc (the "Company") has been notified that following the vesting of
the LTIP 2014, Rachael Borthwick, a Person Discharging Managerial
Responsibilities ("PDMR"), exercised nil cost options over 22,643 ordinary
shares of 5 pence each. Following the exercise, the PDMR sold 10,665 shares to
cover Income Tax and National Insurance liabilities at a price of £1.402 per
share.
The transaction took place in London (XLON) on 7 June 2017 and the Company was
notified on 8 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 Rachael Borthwick
2 Reason for the notification
a) Position/status PDMR
b) Initial notification / Initial
Amendment
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 Ordinary shares of 5p each
financial instrument,
type of instrument GB0003452173
Identification code
b) Nature of the transaction Exercise of LTIP 2014 award
c) Price(s) and volume(s) Price Volume(s)
(s)
NIL 22,643
d) Aggregated information
- Aggregated volume 22,643
- Price NIL
e) Date of the transaction 7/06/2017
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 Ordinary shares of 5p each
financial instrument,
type of instrument GB0003452173
Identification code
b) Nature of the transaction Subsequent sale of shares to cover Income
tax and National Insurance liabilities.
c) Price(s) and volume(s) Price Volume(s)
(s)
£ 10,665
1.402
d) Aggregated information
- Aggregated volume £1.402
- Price £14,952
e) Date of the transaction 7/06/2017
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