Director/PDMR Shareholding

RNS Number : 2206F
Royal Bank of Scotland Group PLC
10 November 2015
 

The Royal Bank of Scotland Group plc

10 November 2015

 

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs") IN ACCORDANCE WITH DTR 3.1.2R AND DTR 3.1.4R

 

1. The Royal Bank of Scotland Group plc (the "Company") announces that ordinary shares of £1 each in the Company ("Shares") were delivered to the PDMRs on 10 November 2015, as set out below. 

    

     The Shares delivered represent payment of a fixed share allowance for the six month period ended 31 December 2015.

 

The number of Shares delivered, the number of Shares sold to meet associated tax liabilities and the number of Shares retained by each PDMR is as follows:-

 

PDMR

No. of Shares delivered

No. of Shares sold to satisfy associated tax liability

No. of Shares retained

Elaine Arden

44,888

21,130

23,758

Mark Bailie

124,906

58,795

66,111

Chris Marks

124,906

58,795

66,111

Leslie Matheson

85,873

40,421

45,452

Ross McEwan

156,133

73,493

82,640

Simon McNamara

93,680

44,096

49,584

Jonathan Pain

46,839

22,048

24,791

Alison Rose

93,680

44,096

49,584

David Stephen

101,486

47,771

53,715

Ewen Stevenson

124,906

58,795

66,111

David Wheldon

35,130

16,536

18,594

 

The market price used to determine the number of Shares delivered was £3.2024. Shares retained after payment of associated tax liabilities are held on behalf of PDMRs in the Computershare Retained Share Nominee account and will be released in instalments over a five year retention period.

 

In February 2015, Mr McEwan confirmed that he did not intend to benefit from his 2015 fixed share allowance.  In light of this commitment, he will transfer the net of tax Shares retained to charity when they are released over the course of the five year retention period.

 

2. The Company also announces that on 9 November 2015 it was notified that Elaine Arden, a PDMR, had sold 62,500 Shares on that date, at a price of £3.2277 per share.

 

 

For further information contact:-

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

 

Person responsible for making notification:-

Aileen Taylor, Company Secretary


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