May 6, 2020 / 6:36 AM / 23 days ago

BRIEF-National Express Announces Proposed Placing Of New Ordinary Shares Of 5 Pence Each

May 6 (Reuters) - National Express Group PLC:

* NATIONAL EXPRESS - PROPOSED PLACING OF NEW ORDINARY SHARES

* NATIONAL EXPRESS - INTENTION TO CONDUCT A NON-PRE-EMPTIVE PLACING OF NEW ORDINARY SHARES OF 5 PENCE EACH IN CAPITAL OF CO

* NATIONAL EXPRESS- TOTAL NUMBER OF PLACING AND SUBSCRIPTION SHARES WILL NOT EXCEED 102.3 MILLION, REPRESENTING ABOUT 19.99% OF CO’S SHARE CAPITAL. Source text for Eikon: Further company coverage:

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