Business
Market purchase of shares
Market purchase of shares.
About this update from Mobico Group Plc
[{"type":"text","content":"\n \nRNS Number : 3451S National Express Group PLC 08 March 2019 \n\nNational Express Group PLC\n \nMarket purchase of shares\nto be held in the Company's employee benefit trust\n \nNational Express Group PLC (\"Company\") today confirms it has been notified that on 8 March 2019, First Names Corporate Services Limited, acting as Trustee of the National Express Group Employee Benefit Trust (\"Trust\"), purchased 462,000 (four hundred and sixty two thousand) ordinary shares of nominal value 5 pence each in the capital of the Company (\"Shares\") at an average price of 431.0009p per share on the London Stock Exchange. \nThe Trust holds Shares for the benefit of the Company's employees, in particular for satisfying the future vesting of outstanding awards made under the Company's various employee share incentive plans. As such, the Company's Executive Directors, as PDMRs, are amongst the potential beneficiaries of the Shares purchased and held in the Trust.\nImmediately following the above transaction, the Trust holds 1,983,755 Shares for the above purpose, representing 0.39% of the Company's issued share capital with voting rights.\nEND\nEnquiries to National Express Group PLC:\nMichael Arnaouti, Company Secretary 020 7805 3805\nNotes:\nLegal Entity Identifier: 213800A8IQEMY8PA5X34\nClassification: 2.4 (with reference to DTR6 Annex 1R)\n \n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com. END MSCUWVURKNAORAR\n ","length":3046,"tagName":"div"}]