Newly elected FirstGroup Chairman John McFarlane to receive all fees in FirstGroup shares

Aberdeen, Scotland, 2014-1-14 — /travelprnews.com/ — As announced on 6 December 2013, John McFarlane became Chairman of FirstGroup plc on 1 January 2014.

John will receive an annual fee of £250,000 in respect of his role as Chairman and has elected to receive all of that fee in FirstGroup shares, underlining his confidence in the long-term prospects of the Company and aligning himself closely with the interests of shareholders.

He has committed to hold those shares for as long as he remains Chairman or otherwise a Director of the Company.

 

Contacts, FirstGroup:

Rachael Borthwick
Group Corporate Communications Director, +44 (0)20 7291 0508 / +44 (0) 7771 945432

 

Stuart Butchers
Group Media Relations Manager, +44 (0) 20 7291 0507 / +44 (0) 7713 317979

 

Brunswick PR
Michael Harrison/Andrew Porter, +44 (0) 20 7404 5959