Notification of Transactions of Directors/Persons Discharging Managerial Responsibility
On 15 November 2016, share options were awarded under The Go-Ahead Group plc Deferred Share Bonus Plan 2012 ("DSBP") to those Persons Discharging Managerial Responsibility noted below.
The share option awards were calculated based on the average closing mid-market price of a Go-Ahead share during the four-week period ended 14 November 2016. The shares, which are held by The Go-Ahead Group Employee Trust, will remain deferred for a period of three years, exercisable at the end of this period subject to continued employment. In accordance with the terms of the DSBP, normal 'good' leaver, change of control and clawback provisions will apply. No consideration was paid for the grant of the award.
| Name | Share Plan | Number of share options granted under DSBP on 15 November 2016 | Date on which awards are due to vest |
| Patrick Butcher
| DSBP | 6,770 |
15 November 2019 |
| Paul Edwards
| DSBP | 1,614 | |
| Carolyn Ferguson | DSBP | 1,277 |
The attached notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail of the number of share options awarded under the DSBP on 15 November 2016.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Patrick Butcher | |
| 2 | Reason for notification | ||
| a) | Position/status | Group Chief Financial Officer | |
| b) | Initial notification/ Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | The Go-Ahead Group plc
| |
| b) | LEI | 2138009TF1SYOMQLBJ60
| |
| 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 10 pence each
GB0003753778 | |
| b) | Nature of the transaction | Share options awarded under The Go-Ahead Group plc Deferred Share Bonus Plan 2012 subject to a three year deferral period and continued employment | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £0.00
| 6,770 share options
| ||
| | |||
| d) | Aggregated information
- Aggregated volume
- Price |
6,770 share options
£0.00
| |
| e) | Date of the transaction |
2016-11-15
| |
| f) | Place of the transaction | N/A | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Paul Edwards | |
| 2 | Reason for notification | ||
| a) | Position/status | Group Finance Director | |
| b) | Initial notification/ Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | The Go-Ahead Group plc
| |
| b) | LEI | 2138009TF1SYOMQLBJ60
| |
| 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 10 pence each
GB0003753778 | |
| b) | Nature of the transaction | Share options awarded under The Go-Ahead Group plc Deferred Share Bonus Plan 2012 subject to a three year deferral period and continued employment | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £0.00
| 1,614 share options
| ||
| | |||
| d) | Aggregated information
- Aggregated volume
- Price |
1,614 share options
£0.00
| |
| e) | Date of the transaction |
2016-11-15
| |
| f) | Place of the transaction | N/A | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Carolyn Ferguson | |
| 2 | Reason for notification | ||
| a) | Position/status | Group Company Secretary | |
| b) | Initial notification/ Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | The Go-Ahead Group plc
| |
| b) | LEI | 2138009TF1SYOMQLBJ60
| |
| 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 10 pence each
GB0003753778 | |
| b) | Nature of the transaction | Share options awarded under The Go-Ahead Group plc Deferred Share Bonus Plan 2012 subject to a three year deferral period and continued employment | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £0.00
| 1,277 share options
| ||
| | |||
| d) | Aggregated information
- Aggregated volume
- Price |
1,277 share options
£0.00
| |
| e) | Date of the transaction |
2016-11-15
| |
| f) | Place of the transaction | N/A | |
For further information please contact:
Carolyn Ferguson, Group Company Secretary - 0191 232 3123