25 Jul 2016 15:38
25 July 2016
Royal Mail plc
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility ("PDMRs") and persons closely associated with them
On 22 July 2016, the shares vesting under the Royal Mail plc (the "Company") Long Term Incentive Plan 2013 (the "LTIP") were transferred to the plan's participants. As a result of the Company achieving 83.1 per cent of the target relating to the LTIP, the Executive Directors and Persons Discharging Managerial Responsibility ("PDMRs") listed below received the following total number of ordinary shares in Royal Mail plc (net after payment of applicable taxes):
Number of shares transferred
PDMRs | Number of ordinary shares received | Total holding of ordinary shares following notification |
MS MOYA GREENE | 32,069 | 41,005 |
MR MATTHEW LESTER | 27,561 | 31,423 |
MR JOHN AGAR | 14,488 | 18,350 |
MS MAAIKE DE BIE | 2,017 | 2,120 |
MR STEPHEN CAMERON | 7,030 | 11,175 |
MR DEREK FOSTER | 8,368 | 12,513 |
MR MICHAEL JEAVONS | 5,108 | 5,940 |
MR NICHOLAS LANDON | 11,203 | 12,035 |
MR JONATHAN MILLIDGE | 14,488 | 18,577 |
MR MICHAEL NEWNHAM | 17,386 | 19,430 |
MR SHANE O'RIORDAIN | 22,538 | 26,400 |
MR GARY SIMPSON | 12,556 | 15,044 |
MR STUART SIMPSON | 6,373 | 10,518 |
MS SUSAN WHALLEY | 15,213 | 19,302 |
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
| Moya Greene | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Executive 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
| Share Options over Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Acquisition of Ordinary Shares pursuant to an exercise of options under 2013 Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 22 July 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 Finance 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
| Share Options over Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Acquisition of Ordinary Shares pursuant to an exercise of options under 2013 Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 22 July 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
| 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
| Share Options over Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Acquisition of Ordinary Shares pursuant to an exercise of options under 2013 Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 22 July 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
| Share Options over Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Acquisition of Ordinary Shares pursuant to an exercise of options under 2013 Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 22 July 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
| Deputy 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
| Share Options over Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Acquisition of Ordinary Shares pursuant to an exercise of options under 2013 Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 22 July 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
| Share Options over Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Acquisition of Ordinary Shares pursuant to an exercise of options under 2013 Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 22 July 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
| Share Options over Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Acquisition of Ordinary Shares pursuant to an exercise of options under 2013 Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 22 July 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
| Share Options over Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Acquisition of Ordinary Shares pursuant to an exercise of options under 2013 Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 22 July 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
| Jonathan Millidge
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group HR Director | ||||
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
| Share Options over Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Acquisition of Ordinary Shares pursuant to an exercise of options under 2013 Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 22 July 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
| Share Options over Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Acquisition of Ordinary Shares pursuant to an exercise of options under 2013 Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 22 July 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 Communications & Regulation | ||||
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
| Share Options over Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Acquisition of Ordinary Shares pursuant to an exercise of options under 2013 Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 22 July 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 & 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
| Share Options over Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Acquisition of Ordinary Shares pursuant to an exercise of options under 2013 Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 22 July 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
| Share Options over Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Acquisition of Ordinary Shares pursuant to an exercise of options under 2013 Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 22 July 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
| Share Options over Ordinary Shares of 0.01 pence each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Acquisition of Ordinary Shares pursuant to an exercise of options under 2013 Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Non-Applicable - Single Transaction
| ||||
e)
| Date of the transaction
| 22 July 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