RBS.L Regulatory News (RBS)

Name of PDMR

Position of PDMR

No. of Shares delivered

No. of Shares withheld to satisfy associated tax liability

No. of Shares retained

Alison Rose1

Chief Executive Officer

101,811

47,852

53,959

Andrew McLaughlin2

CEO, RBS International

17,454

-

17,454

Bruce Fletcher

Chief Risk Officer

34,907

16,407

18,500

Chris Marks

CEO, NatWest Markets

58,178

27,344

30,834

David Wheldon

Chief Marketing Officer

13,090

6,153

6,937

Helen Cook

Chief HR Officer

14,254

6,700

7,554

Katie Murray3

Chief Financial Officer

174,533

82,031

92,502

Les Matheson

CEO, Personal Banking

34,907

16,756

18,151

Mark Bailie

CEO, Bó

46,542

21,875

24,667

Simon McNamara

Chief Administrative Officer

37,816

18,152

19,664

Vanessa Bailey

Chief Risk Officer, NatWest Holdings

29,089

13,672

15,417

1. Alison Rose's fixed share allowance represents payment for the period from 1 October 2019 to 31 October 2019 in respect of her role as Deputy CEO, NatWest Holdings and CEO, Commercial & Private Banking, and 1 November 2019 to 31 December 2019 in respect of her role as Chief Executive Officer.

2. The fixed share allowance was delivered when Andrew McLaughlin was resident in Jersey and therefore is taxable in Jersey only and not in the UK. No employer tax withholding is required under Jersey law. The Jersey income tax payable in respect of the vesting of the award will be paid by the PDMR directly to the Jersey tax authority.

3. Katie Murray's fixed share allowance represents payment for the period from 1 July 2019 to 31 December 2019.