REG-FirstGroup Plc: Director/PDMR Shareholding

FirstgroupAnnouncement

08/08/2024 14:30

 

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               

 

 



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