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RBS Regulatory News (RBS)



Regulatory News for RBS (RBS)


Share Price: 275.60Bid: 275.30Ask: 275.50Change: 0.00 (0.00%)No Movement on Royal Bank Scot
Spread: 0.20Spread as %: 0.07%Open: 277.10High: 277.30Low: 274.60Yesterday’s Close: 275.60





Director/PDMR Shareholding

Wed, 8th Nov 2017 15:28

RNS Number : 9592V
Royal Bank of Scotland Group PLC
08 November 2017
 

8 November 2017

The Royal Bank of Scotland Group plc

Legal Entity Identifier: 2138005O9XJIJN4JPN90

 

 

INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs") in accordance with Article 19 of the EU Market Abuse Regulation 596/2014

 

1.   The Royal Bank of Scotland Group plc (the "Company") announces that ordinary shares of £1 each in the Company ("Shares") (ISIN: GB00B7T77214) were delivered to PDMRs on 7 November 2017, as set out below. 

 

The Shares delivered represent payment of a fixed share allowance for the six month period ending 31 December 2017 and have been calculated using a share price of £2.8232.

 

The number of Shares delivered, the number of Shares withheld to meet associated tax liabilities and the number of Shares retained by each PDMR is as follows:-

 

Name of PDMR

Position of PDMR

No. of Shares delivered

No. of Shares withheld to satisfy associated tax liability

No. of Shares retained

Mark Bailie

Chief Operating Officer

141,684

66,592

75,092

Helen Cook

Chief HR Officer

37,635

17,689

19,946

Chris Marks

Chief Executive, NatWest Markets

141,684

66,592

75,092

Les Matheson

Chief Executive, Personal & Business Banking

106,263

49,944

56,319

Ross McEwan

Chief Executive

177,104

83,239

93,865

Simon McNamara

Chief Administrative Officer

115,118

54,106

61,012

Alison Rose

Chief Executive, Commercial & Private Banking

132,828

62,430

70,398

David Stephen

Chief Risk Officer

123,973

58,268

65,705

Ewen Stevenson

Chief Financial Officer

141,684

66,592

75,092

David Wheldon

Chief Marketing Officer

39,849

18,730

21,119

 

The above transactions took place outside of a trading venue.  The market price used to determine the number of Shares withheld to meet associated tax liabilities was £2.764.  Shares retained after payment of associated tax liabilities will be held on behalf of PDMRs in the Computershare Retained Share Nominee account and will be released in instalments over a three year period.

 

2.   The Company announces that on 8 November 2017 Ross McEwan, Chief Executive, transferred 30,664 Shares to charity for nil consideration.  The transfer is in line with the commitments Mr McEwan made in February 2015 and February 2016 to transfer all of his 2015 fixed share allowance and half of his 2016 fixed share allowance to charity.  Following the transfer to charity, Mr McEwan has relinquished all legal and beneficial rights to such Shares.  The transfer took place outside of a trading venue.

 

 

For further information contact:-

 

RBS Investor Relations
Alexander Holcroft
Head of Equity Investor Relations
+44 20 7672 1758

 

RBS Media Relations  

+44(0)131 523 4205

 

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHLLFFELVLTIID






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