National Storage Mechanism | Additional information

FIRSTGROUP PLC - Director/PDMR Shareholding

PR Newswire

London, July 28

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

1Details of the person discharging managerial responsibilities / person closely associateda)Name

Matthew Gregory2Reason for the notificationa)Position/status

Chief Executiveb)Initial notification /AmendmentInitial3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameFirstGroup plcb)LEI549300DEJZCPWA4HKM934Details 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 conducteda)Description of the financial instrument, type of instrument

Identification codeOrdinary shares of 5p each

GB0003452173b)Nature of the transaction

Exercise of option under the LTIP 2017
Exercise of option under the EABP 2017

c)Price(s) and volume(s)


Price(s)	Volume(s)
1. NIL 2. NIL	87,650 162,187

- Aggregated volume

- Price

87,650

NILd)

- Aggregated volume

- Price

162,187

NILe)Date of the transaction27 July 2020f)Place of the transactionLondon 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 conducted4Details 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 conducteda)Description of the financial instrument, type of instrument

Identification codeOrdinary shares of 5p each

GB0003452173b)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

£37,166e)Date of the transaction27 July 2020f)Place of the transactionLondon 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