28 Feb 2014 15:30
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS IN ACCORDANCE WITH DTR 3.1.4R AND DTR 3.1.2R
1. Name of the issuer - The Royal Bank of Scotland Group plc
2. Name of person discharging managerial responsibilities/director
Rory Cullinan
3. Indicate whether the notification is in respect of a holding of the person referred to in 2 above or in respect of a non-beneficial interest
In respect of a holding of the person referred to in 2
4. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary shares of £1.00
5. Name of registered shareholder(s) and, if more than one, the number of shares held by each of them
Rory Cullinan - 454,787 shares
Computershare Nominee Service Account - 312,997 shares
6. State the nature of the transaction
Exercise of 454,787 Executive share options awarded under The Royal Bank of Scotland Group plc 2007 Executive Share Option Plan at an option price of £2.82.
Sale of 767,784 ordinary shares.
7. Number of shares, debentures or financial instruments relating to shares disposed
767,784
8. Price per share or value of transaction
31,191 shares sold at £3.24
281,806 shares sold at £3.19
454,787 shares sold at £3.20
9. Date and place of transaction
28 February 2014
10. Date issuer informed of transaction
28 February 2014
11. Name of contact and telephone number for queries
Group Media Relations - +44(0)131 523 4205
Name and signature of duly authorised officer of issuer responsible for making notification
Aileen Taylor, Group Secretary and Head of Corporate Governance
Date of notification - 28 February 2014