Sign In
6 Jun 2014 16:28
ο»Ώ
The Royal Bank of Scotland Group plc
6 June 2014
Β
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs") OR CONNECTED PERSONS IN ACCORDANCE WITH DTR 3.1.4R AND DTR 3.1.2R
Β
1. The Royal Bank of Scotland Group plc (the "Company") announces that a conditional award over ordinary shares of Β£1 in the Company ("Shares"), granted under the RBS 2010 Long Term Incentive Plan on 30 August 2012 to the Director set out below, vested on 6 June 2014. The number of Shares sold to meet relevant tax liabilities arising on vesting and the number of vested Shares retained by the Director is set out below:-
Β
Director / PDMR | No. of Shares vested | No. of Shares sold to satisfy relevant tax liability | No. of Shares retained |
Ross McEwan | 432,088 (1) | 203,387 | 228,701 |
(1) Awarded to Mr McEwan on joining the Company as CEO UK Retail in September 2012, in recognition of awards forfeited on leaving Commonwealth Bank of Australia. | |||
Β
The market price per Share on the date of vesting was Β£3.40. Vested Shares retained after payment of relevant tax liabilities are subject to a six month retention period from vesting and are held in the Computershare Retained Shares Nominee account.
Β
2. The Company announces that conditional awards over Shares granted under the RBS 2010 Deferral Plan on 7 March 2014 to the PDMRs set out below, vested on 6 June 2014. The number of Shares sold to meet relevant tax liabilities arising on vesting and the number of vested Shares retained by each PDMR is set out below:-
Β
PDMR | No. of Shares vested | No. of Shares sold to satisfy relevant tax liability | No. of vested Shares retained |
Rory Cullinan | 196,385 | 92,440 | 103,945 |
Alison Rose | 66,733 | 31,412 | 35,321 |
Donald Workman | 36,227 | 17,053 | 19,174 |
Β
The market price per Share on the date of vesting was Β£3.40. Vested Shares retained after payment of relevant tax liabilities are subject to a six month retention period from vesting and are held in the Computershare Retained Shares Nominee account.
Β
Β
For further information contact:-
Group Media Relations - +44(0)131 523 4205
Β
Person responsible for making notification:-
Aileen Taylor, Company Secretary
Follow the stocks
