Last checked at 10 Mar 2023 14:35
10 March 2023
Rolls-Royce Holdings plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Rolls-Royce Holdings plc (the Company) announces that the following persons discharging managerial responsibilities (PDMRs) transacted in ordinary shares of 20p each in the Company due to the grant of awards under the Rolls-Royce Incentive Plan (Incentive Plan) and the grant of awards under the Rolls-Royce Long-Term Incentive Plan (LTIP).
Incentive Plan
The following conditional share awards were granted on 8 March 2023 under the Incentive Plan at a price of £1.5187 per share in accordance with our Remuneration Policy approved by shareholders at the 2021 Annual General Meeting.
PDMR | Ordinary shares |
Panos Kakoullis | 1,122,433 |
Sarah Armstrong | 256,727 |
Chris Cholerton | 364,381 |
Mark Gregory | 308,782 |
Grazia Vittadini | 390,225 |
Rob Watson | 261,540 |
LTIP
The following conditional share awards were granted on 8 March 2023 under the LTIP at prices set out below in accordance with our Remuneration Policy approved by shareholders at the 2021 Annual General Meeting.
PDMR | award price | Ordinary shares |
Tufan Erginbilgic | £0.9084 | 8,256,275 |
Jorg Stratmann | £ 0.7260 | 791,407 |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Tufan Erginbilgic | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Executive | ||||
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 of 20p each
GB00B63H8491
| ||||
b)
| Nature of the transaction
| Grant of awards made under the Rolls-Royce Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price |
8,256,275 £0.9084 | ||||
e)
| Date of the transaction(s)
| 8 March 2023 | ||||
f)
| Place of the transaction(s)
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Panos Kakoullis | ||||
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 of 20p each
GB00B63H8491
| ||||
b)
| Nature of the transaction
| Grant of awards made under the Rolls-Royce Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price |
1,122,433
£1.5187
| ||||
e)
| Date of the transaction(s)
| 8 March 2023 | ||||
f)
| Place of the transaction(s)
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Sarah Armstrong | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief People 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 of 20p each
GB00B63H8491
| ||||
b)
| Nature of the transaction
| Grant of awards made under the Rolls-Royce Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price |
256,727 £1.5187 | ||||
e)
| Date of the transaction(s)
| 8 March 2023 | ||||
f)
| Place of the transaction(s)
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Chris Cholerton | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| President - Civil Aerospace | ||||
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 of 20p each
GB00B63H8491
| ||||
b)
| Nature of the transaction
| Grant of awards made under the Rolls-Royce Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price |
364,381
£1.5187
| ||||
e) | Date of the transaction(s)
| 8 March 2023 | ||||
f)
| Place of the transaction(s)
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Mark Gregory | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| General Counsel | ||||
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 of 20p each
GB00B63H8491
| ||||
b)
| Nature of the transaction
| Grant of awards made under the Rolls-Royce Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price |
308,782 £1.5187 | ||||
e)
| Date of the transaction(s)
| 8 March 2023 | ||||
f)
| Place of the transaction(s)
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Jorg Stratmann
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| CEO - Rolls-Royce Power Systems AG | ||||
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 of 20p each
GB00B63H8491
| ||||
b)
| Nature of the transaction
| Grant of awards made under the Rolls-Royce Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price |
791,407 £0.7260 | ||||
e)
| Date of the transaction(s)
| 8 March 2023 | ||||
f)
| Place of the transaction(s)
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Grazia Vittadini | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Technology 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 of 20p each
GB00B63H8491
| ||||
b)
| Nature of the transaction
| Grant of awards made under the Rolls-Royce Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price |
390,225 £1.5187 | ||||
e)
| Date of the transaction(s)
| 8 March 2023 | ||||
f)
| Place of the transaction(s)
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Rob Watson | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| President - Rolls-Royce Electrical | ||||
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 of 20p each
GB00B63H8491
| ||||
b)
| Nature of the transaction
| Grant of awards made under the Rolls-Royce Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price |
261,540 £1.5187 | ||||
e)
| Date of the transaction(s)
| 8 March 2023 | ||||
f)
| Place of the transaction(s)
| Outside a trading venue | ||||