Director/PDMR Shareholding

RNS Number : 1332H
Royal Bank of Scotland Group PLC
14 May 2014
 



The Royal Bank of Scotland Group plc (the "Company")

 

14 May 2014

 

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

 

 

The Company was notified on 14 May 2014 of the exercise of share options over ordinary shares of £1 in the Company ("Shares"), on that date, by the PDMR named below.  The share options were granted under the 2007 Executive Share Option Plan with an option price of £2.82 per Share.  Immediately following the exercise, the PDMR sold all of the Shares acquired on exercise, including a number of Shares to meet relevant tax liabilities, as set out below:-

 

 

PDMR

 

No. of Shares over which options exercised

 

No. of Shares sold to satisfy relevant tax liability

No. of Shares sold 'net' of relevant tax liability

Christopher Sullivan

197,139

13,116

184,023

 

The market price achieved on the sale of the Shares was £3.285.

 

For further information contact:-

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

 

Person responsible for making notification:-

Aileen Taylor, Company Secretary and Chief Corporate Governance Officer

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSLLFVSEAISLIS
UK 100

Latest directors dealings