Director/PDMR Shareholding
Stagecoach Group plc: Director/PDMR shareholding
28 October 2016
Stagecoach Group plc (the " Company ") was yesterday notified of transactions in the holding structure by which Sir Brian Souter and Ann Gloag (each a director of the Company) hold their and their families' interests in the Company's ordinary shares of 125/228th pence each (the " Ordinary Shares ").
There has been no change to either (a) the aggregate number of Ordinary Shares in which Sir Brian Souter and Ann Gloag and persons closely associated have an interest; or (b) the number of voting rights exercisable by Sir Brian Souter and Ann Gloag (as determined in accordance with the Disclosure Guidance and Transparency Rules).
Notwithstanding the transactions, the ultimate economic interests of Sir Brian Souter and Ann Gloag and certain persons closely associated with them in the Ordinary Shares have changed. The table set out below shows such changes in ultimate economic interests in Ordinary Shares and further details are set out in the notifications set out at the end of this announcement (which are made in accordance with the EU Market Abuse Regulation).
Highland Global Transport Limited (" HGT ") undertakes predominantly transport related businesses, including its interest in Ordinary Shares. The shareholders of HGT have decided that (in order to achieve the commercial objectives of the Gloag and Souter families) they should divide the business along family lines and accordingly the shareholders have implemented a reconstruction of the HGT group with each family now owning a holding company to which part of the business currently undertaken by HGT will be transferred. Accordingly Ann Gloag's family business will now be held by a newly incorporated company known as Gloag Investments Group Limited (" GIGL ") while Sir Brian Souter's family business will be held by a newly incorporated company known as Souter Investments Limited (" SIL ").
The number of Ordinary Shares held by each of HGT Finance A Limited and HGT Finance B Limited (as more particularly described in the Company's announcement of 5 March 2015) has not changed. As a result of the transactions, HGT Finance A Limited has become a wholly owned subsidiary of GIGL and HGT Finance B Limited has become a wholly owned subsidiary of SIL.
Ann Gloag will continue to exercise the voting rights in connection with the Ordinary Shares owned by HGT Finance A Limited through her shareholding in, and membership of the board of, GIGL and Sir Brian Souter will continue to exercise the voting rights in connection with the Ordinary Shares owned by HGT Finance B Limited as a result of his shareholding in, and membership of the board of SIL.
For further information, please contact:
Stagecoach Group plc
www.stagecoach.com
Mike Vaux, Company Secretary
01783 442111
Changes in the ultimate economic interests in Ordinary Shares
| Change in ultimate economic interests in Ordinary Shares | |
| Ann Gloag and persons closely associated | |
| Ann Gloag | Increase from 48,402,984 to 54,320,581 |
| David McLeary | Increase from 99,919 to 112,134 |
| Ann Gloag's Trust for Peter Gathirwa | Increase from 125,662 to 141,024 |
| The Gloag Boys' Trust | Increase from 889,476 to 998,219 |
| Pamela Gloag's Liferent Trust | Increase from 1,992,023 to 2,235,559 |
| Sarah McCleary's Liferent Trust | Increase from 1,238,042 to 1,389,400 |
| The Ann Gloag's Children's Trust | Increase from 1,238,042 to 1,389,400 |
| Peter McCleary's Liferent Trust | Increase from 1,212,909 to 1,361,194 |
| Ann Gloag's 2008 Discretionary Trust | Increase from 493,835 to 554,210 |
| Appindale Limited | Decrease from 6,808,829 to NIL |
| Sir Brian Souter and persons closely associated | |
| Sir Brian Souter | Decrease from 76,078,212 to 73,580,566 |
| Lady Elizabeth Souter | Increase from NIL to 51 |
| SI 2016 Limited | Decrease from 1,971,138 to 1,662,270 |
| The Souter 2011 Family Trust | Decrease from 954,110 to 855,181 |
| The BS 1999 Trust | Increase from NIL to 1,736,924 |
| The BS 1997 Trust | Increase from NIL to 9,061,017 |
| Lakestream Limited | Decrease from 2,138,075 to NIL |
| Highland and Universal Securities Limited | Decrease from 5,754,474 to NIL |
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Ann Gloag | |
| 2 | Reason for the notification | ||
| a) | Position/status | Ann Gloag is a Non-executive Director of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has increased from 48,402,984 Ordinary Shares to 54,320,581 Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 5,917,597 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | David McLeary (being a person closely associated with Ann Gloag) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Ann Gloag is a Non-executive Director of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has increased from 99,919 Ordinary Shares to 112,134 Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 12,215 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Ann Gloag's Trust for Peter Gathirwa (being a person closely associated with Ann Gloag) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Ann Gloag is a Non-executive Director of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has increased from 125,662 Ordinary Shares to 141,024 Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 15,362 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | The Gloag Boys' Trust (being a person closely associated with Ann Gloag) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Ann Gloag is a Non-executive Director of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has increased from 889,476 Ordinary Shares to 998,219 Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 108,743 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Pamela Gloag's Liferent Trust (being a person closely associated with Ann Gloag) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Ann Gloag is a Non-executive Director of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has increased from 1,992,023 Ordinary Shares to 2,235,559 Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 243,536 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Sarah McCleary's Liferent Trust (being a person closely associated with Ann Gloag) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Ann Gloag is a Non-executive Director of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has increased from 1,238,042 Ordinary Shares to 1,389,400 Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 151,358 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | The Ann Gloag's Children's Trust (being a person closely associated with Ann Gloag) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Ann Gloag is a Non-executive Director of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has increased from 1,238,042 Ordinary Shares to 1,389,400 Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 151,358 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Peter McCleary's Liferent Trust (being a person closely associated with Ann Gloag) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Ann Gloag is a Non-executive Director of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has increased from 1,212,909 Ordinary Shares to 1,361,194 Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 148,285 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Ann Gloag's 2008 Discretionary Trust (being a person closely associated with Ann Gloag) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Ann Gloag is a Non-executive Director of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has increased from 493,835 Ordinary Shares to 554,210 Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 60,375 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Appindale Limited (being a person closely associated with Ann Gloag) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Ann Gloag is a Non-executive Director of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has decreased from 6,808,829 Ordinary Shares to NIL Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 6,808,829 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Sir Brian Souter | |
| 2 | Reason for the notification | ||
| a) | Position/status | Sir Brian Souter is the Chairman of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has decreased from 76,078,212 Ordinary Shares to 73,580,566 Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 2,497,646 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
|
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Lady Elizabeth Souter (being a person closely associated with Sir Brian Souter) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Sir Brian Souter is the Chairman of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has increased from NIL Ordinary Shares to 51 Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 51 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | SI 2016 Limited (being a person closely associated with Sir Brian Souter) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Sir Brian Souter is the Chairman of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has decreased from 1,971,138 Ordinary Shares to 1,662,270 Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 308,868 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
|
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | The Souter 2011 Family Trust (being a person closely associated with Sir Brian Souter) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Sir Brian Souter is the Chairman of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has decreased from 954,110 Ordinary Shares to 855,181 Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 98,929 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | The BS 1997 Trust (being a person closely associated with Sir Brian Souter) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Sir Brian Souter is the Chairman of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has increased from NIL Ordinary Shares to 9,061,017 Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 9,061,017 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | The BS 1999 Trust (being a person closely associated with Sir Brian Souter) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Sir Brian Souter is the Chairman of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has increased from NIL Ordinary Shares to 1,736,924 Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 1,736,924 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Lakestream Limited (being a person closely associated with Sir Brian Souter) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Sir Brian Souter is the Chairman of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has decreased from 2,138,075 Ordinary Shares to NIL Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 2,138,075 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Highland and Universal Securities Limited (being a person closely associated with Sir Brian Souter) | |
| 2 | Reason for the notification | ||
| a) | Position/status | Sir Brian Souter is the Chairman of the Company | |
| b) | Initial notification/ Amendment | This is an initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Stagecoach Group plc | |
| b) | LEI | 4L663LRNTBQ008OK2N07 | |
| 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 125/228p
ISIN: GB00B6YTLS95 | |
| b) | Nature of the transaction |
No Ordinary Shares have been transferred as a result of the transactions. However, the ultimate economic interest in the Ordinary Shares of the person subject to this announcement has decreased from 5,754,474 Ordinary Shares to NIL Ordinary Shares.
The calculation of certain values in connection with the transactions have been carried out by reference to the average closing share price of the Ordinary Shares on the three dealing days prior to (and including) 21 October 2016. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Ordinary Shares | GBP2.009 | 5,754,474 | |
| d) |
Aggregated information
- Aggregated volume - Price | Not applicable | |
| e) | Date of the transaction | 2016-10-26 | |
| f) | Place of the transaction | XLON | |
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Stagecoach Group PLC via GlobeNewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Stagecoach Group PLC via GlobeNewswire
HUG#2052347
