12 Aug 2014 12:00
The Royal Bank of Scotland Group plc
12 August 2014
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs") IN ACCORDANCE WITH DTR 3.1.4R
The Royal Bank of Scotland Group plc (the "Company") announces that ordinary shares of £1 in the Company ("Shares") were delivered to the PDMRs on 12 August 2014, as set out below.
The shares delivered represent payment of a fixed share allowance for the eight month period ended 31 August 2014 (or in the case of Ewen Stevenson, the period from 19 May to 31 August 2014).
The number of Shares delivered, the number of Shares sold to meet associated tax liabilities and the number of Shares retained by each PDMR is as follows:-
PDMR | No. of Shares delivered | No. of Shares sold to satisfy associated tax liability | No. of Shares retained |
Elaine Arden | 55,431 | 26,092 | 29,339 |
Rory Cullinan | 154,241 | 72,603 | 81,638 |
Leslie Matheson | 106,041 | 49,915 | 56,126 |
Simon McNamara | 115,681 | 54,452 | 61,229 |
Jonathan Pain | 57,841 | 27,227 | 30,614 |
Alison Rose | 115,681 | 54,452 | 61,229 |
David Stephen | 115,681 | 54,452 | 61,229 |
Ewen Stevenson | 65,553 | 30,857 | 34,696 |
Christopher Sullivan | 134,961 | 63,527 | 71,434 |
Donald Workman | 96,401 | 45,377 | 51,024 |
The market price used to determine the number of Shares delivered was £3.4578. Shares retained after payment of associated tax liabilities are held on behalf of PDMRs in the Computershare Retained Share Nominee account and will be released in five equal instalments over a five year period.
For further information contact:-
Group Media Relations - +44(0)131 523 4205
Person responsible for making notification:-
Aileen Taylor, Company Secretary