21 Jun 2018 10:35
Royal Mail plc
21 June 2018
Notifications of Transactions of Directors/Persons Discharging Managerial Responsibility ("PDMRs") and persons closed associated with them
On 20 June 2018 (the "Grant Date") the Persons Discharging Managerial Responsibilities ("PDMRs") listed below were granted conditional Share Awards over ordinary shares in the Company under the Royal Mail Deferred Share Bonus Plan (the "DSBP "), as set out below:
Number of shares awarded (the "Share Awards") under the Royal Mail DSBP:
PDMRs | No of Shares |
Rico Back | 52,243 |
Stuart Simpson | 56,350 |
Susan Whalley | 40,101 |
The Share Awards will normally vest on the third anniversary of the date of grant, subject to the rules of the DSBP. The DSBP was approved by shareholders at the 2016 Annual General Meeting.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||
a)
| Name
| 1. Rico Back 2. Stuart Simpson 3. Sue Whalley | ||||||
2
| Reason for the notification
| |||||||
a)
| Position/status
| 1. Group Chief Executive Officer 2. Chief Finance Officer 3. Chief Executive Officer of Post and Parcels, Royal Mail UK | ||||||
b)
| Initial notification /Amendment
| Initial notification | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
a)
| Name
| Royal Mail plc | ||||||
b)
| LEI
| 213800TCZZU84G8Z2M70 | ||||||
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 the Deferred Share Bonus Plan | ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
- Aggregated volume
- Price
| Not Applicable - Single Transaction
| ||||||
e)
| Date of the transaction
| 20 June 2018 | ||||||
f)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||||
Contacts:
Company Secretariat
Kulbinder Dosanjh
Phone: 020 7449 8133
Email: cosec@royalmail.com
MediaPeter Tilley
Phone: 078 4180 3321
Email: peter.tilley@royalmail.com
Royal Mail press office out of hours: 020 3338 1007
Investor Relations
Catherine Nash
Phone: 020 7449 8183
Email: investorrelations@royalmail.com