REG-FirstGroup PLC: Director/PDMR Shareholding

FirstgroupAnnouncement

28/07/2020 16:05

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: +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                                                                                               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                                                                          1. Exercise of option under the LTIP 2017                                                          
                                                                                                                 2. Exercise of option under the EABP 2017                                                          
 c)           Price(s) and volume(s)                                                                                                                                                                                
 Price(s)     Volume(s)                                                                                          
 1. NIL       87,650 162,187                                                                                     
 2. NIL                                                                                                          
 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                  



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