7 Oct 2016 14:34
7 October 2016
Royal Mail plc
Notification of Transactions of Persons Discharging Managerial Responsibility ("PDMRs")
On 6 October 2016 the PDMRs listed below were awarded ordinary shares of one pence each in the capital of the Company pursuant to the 2016 Employee Free Share Offer.
The Non-Executive Directors, while eligible to receive Employee Free Shares as part of the Employee Free Shares Offer, decided it would be inappropriate, as independent non-executive directors, to receive Employee Free Shares and so opted out of receiving Employee Free Shares.
Further details of the Free Shares awarded to PDMRs are set out below:
Name | Position | Number of ordinary shares awarded | Total holding of ordinary shares following notification |
Stephen (John) Agar | PDMR | 81 | 18,431 |
Jack Bertram | PDMR | 81 | 81 |
Stephen Cameron | PDMR | 81 | 11,353 |
Maaike de Bie | PDMR | 81 | 2,201 |
Derek Foster | PDMR | 81 | 12,691 |
Moya Greene | PDMR | 81 | 41,086 |
Michael Jeavons | PDMR | 81 | 6,021 |
Nick Landon | PDMR | 81 | 12,116 |
Matthew Lester | PDMR | 81 | 31,504 |
Jon Millidge | PDMR | 81 | 18,658 |
Michael Newnham | PDMR | 81 | 19,511 |
Shane O'Riordain | PDMR | 81 | 26,481 |
Gary Simpson | PDMR | 81 | 15,173 |
Stuart Simpson | PDMR | 81 | 10,696 |
Susan Whalley | PDMR | 81 | 19,383 |
The attached notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Stephen (John) Agar | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Managing Director Consumer & Network Access | ||||
b)
| Initial notification /Amendment
| Initial Announcement | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Royal Mail plc | ||||
b)
| LEI
| Non-Applicable | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Award of Shares under 2016 Employee Free Share Offer | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 6 October 2016 | ||||
f)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Jack Bertram | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Managing Director Strategy, Pricing and Growth | ||||
b)
| Initial notification /Amendment
| Initial Announcement | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Royal Mail plc | ||||
b)
| LEI
| Non-Applicable | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Award of Shares under 2016 Employee Free Share Offer | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 6 October 2016 | ||||
f)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Stephen Cameron | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Director Operations and Strategy | ||||
b)
| Initial notification /Amendment
| Initial Announcement | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Royal Mail plc | ||||
b)
| LEI
| Non-Applicable | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Award of Shares under 2016 Employee Free Share Offer | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 6 October 2016 | ||||
f)
| Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Maaike de Bie | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| General Counsel | ||||
b)
| Initial notification /Amendment
| Initial Announcement | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Royal Mail plc | ||||
b)
| LEI
| Non-Applicable | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Award of Shares under 2016 Employee Free Share Offer | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 6 October 2016 | ||||
f)
| Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Derek Foster | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Director of Internal Audit and Risk | ||||
b)
| Initial notification /Amendment
| Initial Announcement | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Royal Mail plc | ||||
b)
| LEI
| Non-Applicable | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Award of Shares under 2016 Employee Free Share Offer | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 6 October 2016 | ||||
f)
| Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Moya Greene | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Executive Officer, Royal Mail | ||||
b)
| Initial notification /Amendment
| Initial Announcement | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Royal Mail plc | ||||
b)
| LEI
| Non-Applicable | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Award of Shares under 2016 Employee Free Share Offer | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 6 October 2016 | ||||
f)
| Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Michael Jeavons | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief of Staff | ||||
b)
| Initial notification /Amendment
| Initial Announcement | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Royal Mail plc | ||||
b)
| LEI
| Non-Applicable | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Award of Shares under 2016 Employee Free Share Offer | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 6 October 2016 | ||||
f)
| Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Nicholas Landon | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Managing Director Royal Mail Parcels | ||||
b)
| Initial notification /Amendment
| Initial Announcement | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Royal Mail plc | ||||
b)
| LEI
| Non-Applicable | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Award of Shares under 2016 Employee Free Share Offer | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 6 October 2016 | ||||
f)
| Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Matthew Lester | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Financial Officer | ||||
b)
| Initial notification /Amendment
| Initial Announcement | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Royal Mail plc | ||||
b)
| LEI
| Non-Applicable | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Award of Shares under 2016 Employee Free Share Offer | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 6 October 2016 | ||||
f)
| Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Jon Millidge | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Director of Group Human Resources | ||||
b)
| Initial notification /Amendment
| Initial Announcement | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Royal Mail plc | ||||
b)
| LEI
| Non-Applicable | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Award of Shares under 2016 Employee Free Share Offer | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 6 October 2016 | ||||
f)
| Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Michael Newnham | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Customer Officer | ||||
b)
| Initial notification /Amendment
| Initial Announcement | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Royal Mail plc | ||||
b)
| LEI
| Non-Applicable | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Award of Shares under 2016 Employee Free Share Offer | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 6 October 2016 | ||||
f)
| Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Shane O'Riordain | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Managing Director Strategy and Communications | ||||
b)
| Initial notification /Amendment
| Initial Announcement | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Royal Mail plc | ||||
b)
| LEI
| Non-Applicable | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Award of Shares under 2016 Employee Free Share Offer | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 6 October 2016 | ||||
f)
| Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Gary Simpson | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Managing Director Parcelforce Worldwide and Deputy Chief Customer Officer | ||||
b)
| Initial notification /Amendment
| Initial Announcement | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Royal Mail plc | ||||
b)
| LEI
| Non-Applicable | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Award of Shares under 2016 Employee Free Share Offer | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 6 October 2016 | ||||
f)
| Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Stuart Simpson | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Director of Group Finance | ||||
b)
| Initial notification /Amendment
| Initial Announcement | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Royal Mail plc | ||||
b)
| LEI
| Non-Applicable | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Award of Shares under 2016 Employee Free Share Offer | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 6 October 2016 | ||||
f)
| Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Susan Whalley | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Operations Officer | ||||
b)
| Initial notification /Amendment
| Initial Announcement | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Royal Mail plc | ||||
b)
| LEI
| Non-Applicable | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Award of Shares under 2016 Employee Free Share Offer | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 6 October 2016 | ||||
f)
| Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
Contacts:
Company Secretariat
Kulbinder Dosanjh
Phone: 020 7449 8133
Email: cosec@royalmail.com
Media
Beth LongcroftPhone: 020 7449 8241
Mobile: 07435 768 549Email: beth.longcroft@royalmail.com
Royal Mail press office out of hours: 020 3338 1007
Investor Relations
Catherine Nash
Phone: 020 7449 8183
Email: investorrelations@royalmail.com