29 Jul 2022 12:00
Royal Mail plc
(Incorporated in England and Wales)
Company Number: 8680755
LSE Share Code: RMG
ISIN: GB00BDVZYZ77
LEI: 213800TCZZU84G8Z2M70
29 July 2022
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility (PDMR)
Royal Mail plc Deferred Share Bonus Plan (DSBP) 2022 Grant
On 28 July 2022, the PDMRs listed below were granted conditional share awards over ordinary shares in Royal Mail plc under the DSBP. The number of shares awarded under the DSBP are set out in the table below.
PDMR | Number of shares |
Mark Amsden | 25,068 |
Mick Jeavons | 35,096 |
Martin Seidenberg | 79,870 |
Simon Thompson | 16,254 |
The DSBP 2022 share awards will vest at the end of a three-year period. The earliest release date will be 28 July 2025, subject to the participant continuing to hold office or employment within the Royal Mail Group.
Executive Directors are required to retain any share-based awards until they achieve a shareholding equivalent of 200 per cent of salary. Other PDMRs are required to retain a shareholding equivalent of 100 per cent of salary.
No consideration was paid for the grant of the share awards.
The below notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give further detail.
Notification of Dealing Form
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a) | Name | Mark Amsden | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group General Counsel and Company Secretary
| ||||
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 each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Grant of ordinary shares under the DSBP | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A
N/A
| ||||
e)
| Date of the transaction
| 28 July 2022
| ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a) | Name | Mick Jeavons | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group Chief Financial Officer
| ||||
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 each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Grant of ordinary shares under the DSBP | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A
N/A
| ||||
e)
| Date of the transaction
| 28 July 2022
| ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a) | Name | Martin Seidenberg | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Executive Officer, GLS
| ||||
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 each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Grant of ordinary shares under the DSBP | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A
N/A
| ||||
e)
| Date of the transaction
| 28 July 2022
| ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a) | Name | Simon Thompson | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Executive Officer, Royal Mail
| ||||
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 each in Royal Mail plc
GB00BDVZYZ77
| ||||
b)
| Nature of the transaction
| Grant of ordinary shares under the DSBP | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A
N/A
| ||||
e)
| Date of the transaction
| 28 July 2022
| ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
Enquiries:
Investor Relations
John Crosse
Email: investorrelations@royalmail.com
Royal Mail investor relations line: 020 7449 8183
Media Relations
Greg Sage
Phone: 07483 421 374
Royal Mail press office: press.office@royalmail.com
Jenny Hall
Phone: 07776 993 036
Email: jenny.hall@royalmail.com
Company Secretary
Mark Amsden
Email: cosec@royalmail.com