Director/PDMR Shareholding

RNS Number : 4068J
Royal Bank of Scotland Group PLC
06 August 2012
 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS IN ACCORDANCE WITH DTR 3.1.4R AND DTR 3.1.2R

 

1. Name of the issuer

 

The Royal Bank of Scotland Group plc

 

2. Name of person discharging managerial responsibilities/director

 

Paul Robert Geddes

 

3. Indicate whether the notification is in respect of a holding of the person referred to in 2 above or in respect of a non-beneficial interest

 

In respect of a holding of the person referred to in 2

 

4. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

Ordinary shares of £1.00

 

5. Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

 

Computershare Nominee Service Account - 19,008 ordinary shares

 

6. State the nature of the transaction

 

·      Exercise of cash equivalent nil-cost share option over 75,176 ordinary shares under The Royal Bank of Scotland Group plc 2001 Medium-term Performance Plan on 3 August 2012 based on a price of £2.16 per share, the proceeds of which will be subject to relevant taxes. 

 

·      Sale of 19,008 ordinary shares on 3 August 2012 at a price of £2.1375 per share

 

7. Number of shares, debentures or financial instruments relating to shares disposed

 

19,008

 

8. Date issuer informed of transaction

 

3 August 2012

 

9. Name of contact and telephone number for queries

 

Group Media Relations - +44(0)131 523 4205

 

Name and signature of duly authorised officer of issuer responsible for making notification

 

Jan Cargill, Deputy Secretary

 

Date of notification - 6 August 2012

 

 


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