Go-Ahead Group PLC Director / PDMR Shareholding - Supplementary (1212Q)
November 24 2016 - 11:09AM
UK Regulatory
TIDMGOG
RNS Number : 1212Q
Go-Ahead Group PLC
24 November 2016
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and their Closely Associated Persons
The following information is supplementary to The Go-Ahead Group
plc's (the "Group") announcement released on 18 November 2016 at
14.00 with RNS number 5962P:
On 18 November 2016, the Group announced that 90% of the Group
Chief Executive, David Brown's, 2013 Long-Term Incentive Plan
("LTIP") award had vested equating to 27,415 shares of which 11,652
shares were sold to cover Tax and NI liabilities. Upon
crystallisation of this award, there was a subsequent sale of 1,299
shares required to meet the full Tax and NI liabilities due.
Further to the sale on 21 November 2016, David Brown is the
beneficial holder of 63,089 shares in the Group, which amounts to
0.15% of the Group's issued share capital.
Date Name Share Number Number Number Sale date Price
Plan of shares of shares of shares
vested sold to to be retained
and exercised meet Tax and transferred
on 30/11/2016 and NI to spouse
liabilities
------------ -------- ------- --------------- ------------- ----------------- ----------- ----------
David
16/11/2016 Brown LTIP 27,415 11,652 15,763 16/11/2016 GBP20.333
(First
sale)
------------------------------- --------------- ------------- ----------------- ----------- ----------
David
21/11/2016 Brown LTIP - 1,299 -1,299 21/11/2016 GBP20.33
(Second
sale)
------------------------------- --------------- ------------- ----------------- ----------- ----------
Revised David
totals Brown LTIP 27,415 12,951 14,464
------------ -------- ------- --------------- ------------- ----------------- -----------------------
The attached notification, made in accordance with the
requirements of the EU Market Abuse Regulation, give further detail
of the number of shares sold under the LTIP on 21 November
2016.
1 Details of the person discharging managerial responsibilities/person
closely associated
---- -------------------------------------------------------------------------------
a) Name David Brown
---- ------------------------ -----------------------------------------------------
2 Reason for notification
---- -------------------------------------------------------------------------------
a) Position/status Group Chief Executive
---- ------------------------ -----------------------------------------------------
b) Initial notification/ Initial notification
Amendment
---- ------------------------ -----------------------------------------------------
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 Ordinary shares of 10 pence each
instrument,
type of instrument
Identification GB0003753778
code
---- ------------------------ -----------------------------------------------------
b) Nature of Sale of shares, following the recent vesting
the transaction and exercise of options under The Go-Ahead
Group Long-Term Incentive Plan 2005
---- ------------------------ -----------------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s)
---- ------------------------ ------------ ---------------------------------------
GBP20.33 Upon crystallisation of
the 2013 LTIP award, a subsequent
sale of 1,299 shares was
required to meet the full
Tax and NI liabilities due.
---- ------------------------ ------------ ---------------------------------------
d) Aggregated
information
- Aggregated 1,299 shares
volume For further details, see 'Section C - Volume(s)'
above
- Price
GBP20.33
---- ------------------------ -----------------------------------------------------
Date of the
e) transaction 2016-11-21
---- ------------------------ -----------------------------------------------------
f) Place of the London Stock Exchange XLON
transaction
---- ------------------------ -----------------------------------------------------
For further information please contact:
Carolyn Ferguson, Group Company Secretary - 0191 232 3123
This information is provided by RNS
The company news service from the London Stock Exchange
END
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