1 Mar 2018 15:10
1 March 2018
The Royal Bank of Scotland Group plc
Legal Entity Identifier: 2138005O9XJIJN4JPN90
INITIAL NOTIFICATION OF TRANSACTION 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 the undernoted PDMRs of the Company undertook the following transactions in the Company's ordinary shares of £1 each (the "Shares") (ISIN: GB00B7T77214) on the dates shown.
Name of PDMR | Position of PDMR | Type of transaction | No. of Shares purchased / sold | Transaction price per share | Date of transaction |
Yasmin Jetha | Non-executive director | Purchase | 20,000 | £2.690 | 26-02-2018 |
Chris Marks | CEO, NatWest Markets | Sale | 354,000 | £2.692 | 26-02-2018 |
David Stephen | Chief Risk Officer | Sale | 175,000 | £2.692 | 26-02-2018 |
Lena Wilson | Non-executive director | Purchase | 6,000 | £2.689 | 26-02-2018 |
2. The Company also announces it was notified on 28 February 2018 that the trustee of The Royal Bank of Scotland Group plc Buy As You Earn Share Plan (the "Plan") purchased Shares on that date on behalf of the PDMR named below as a participant in the Plan.
Name of PDMR
| Position of PDMR | No. of Shares purchased
| Purchase price |
Chris Marks | CEO, NatWest Markets | 56 | £2.691 |
All transactions took place on the London Stock Exchange (XLON).
For further information contact:-
RBS Investor RelationsAlexander HolcroftHead of Equity Investor Relations+44 20 7672 1758
RBS Media Relations
+44(0)131 523 4205