Last checked at 3 Jan 2018 16:00
ROLLS-ROYCE HOLDINGS plc
Rolls-Royce Holdings plc (Company) announces that on 2nd January 2018, ordinary shares in the company were transferred to Stephen Daintith, a person discharging managerial responsibility (PDMR) by Computershare Trustees (Jersey) Limited (the trustee of the Rolls-Royce Employee Share Trust) in relation to the automatic vesting of an award made under the Rolls-Royce Performance Share Plan (PSP) on 5th May 2017. In addition, shares were sold by the Trustee, on behalf of Stephen Daintith, to discharge his tax obligations arising from the release of the shares. Details of the number of shares sold and net shares released to Stephen Daintith, at a vesting price of £8.408 per share, are set out below.
| A | B | C |
| Number of Shares vested | Number of Shares Sold to Discharge Tax Liability | Total Shares released |
Executive directors | |||
Stephen Daintith | 14,792 | 6,953 | 7,839 |
The formal notification can be found on the following page.
ANNEX
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 Daintith | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| 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
| Rolls-Royce Holdings plc | ||||
b)
| LEI
| 213800EC7997ZBLZJH69 | ||||
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
GB00B63H8491
| ||||
b)
| Nature of the transaction
| Vesting of award made under the Rolls-Royce Performance Share Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Not applicable - vesting of award
| ||||
e)
| Date of the transaction
| 02nd January 2018 | ||||
f)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
Dated 3rd January 2018
For further information please contact:
Carolyn Sharpe
Assistant Company Secretary
Rolls-Royce Holdings plc
Tel. no: 01332 245096
Email: Carolyn.Sharpe@Rolls-Royce.com
Media:
Richard Wray
Director of External Communications
Rolls-Royce plc
Tel: +44 (0)20 7227 9163
richard.wray@rolls-royce.com