Director/PDMR Shareholding

RNS Number : 5587S

Royal Bank of Scotland Group PLC

08 November 2013

 



The Royal Bank of Scotland Group plc

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 ("RBS Group")

2. Name of individual

Simon McNamara

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

Simon McNamara

6. State the nature of the transaction

Award of a conditional right to acquire 198,750 ordinary shares under the RBS 2010 Long Term Incentive Plan.  The date of award was 8 November 2013 and the award will vest between 7 March 2014 and 7 March 2016.  The award is subject to clawback provisions prior to vesting of the shares.  Vested shares are subject to a six month retention period following vesting.

7. Price per share or value of transaction

£3.366

8. Date of transaction

8 November 2013

9. Date issuer informed of transaction

8 November 2013

10. Any additional information

This notification relates to transactions in shares by Simon McNamara, Chief Administration Officer.

11. Name of contact and telephone number for queries

Group Media Relations - [phone]

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

Aileen Taylor, Group Secretary

Date of notification - 8 November 2013

 

END

 

 

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