Director/PDMR Shareholding

RNS Number : 8984Z

Rolls-Royce Holdings plc

13 March 2013

 



13 March 2013

ROLLS-ROYCE HOLDINGS plc

Rolls-Royce Holdings plc (Company) announces that on 11 March 2013, ordinary shares in the Company were transferred to the following executive directors and persons discharging managerial responsibility (PDMRs) by EES Trustees International Ltd (the trustee of the Rolls-Royce Group 2008 Employee Share Trust) in relation to deferred awards made under the Company's Annual Performance Related Award plan (APRA) in 2011. In addition, the executive directors and PDMRs sold the number of shares listed below to discharge their tax obligations arising from the release of the shares on 11 March 2013 at 1048.00 pence per share. The details of the executive directors and PDMRs who immediately sold the shares released to them at 1048.00 pence per share are listed below.

	APRA Award (including dividend enhancement)	Number of Shares Sold to Discharge Tax Obligations	Total Shares Released	Total number of shares sold on release
J Guyette	37,190	18,718	18,472	-
M Morris	8,234	4,281	3,953	3,953
C Smith	33,640	17,493	16,147	-
PDMRs
M Cowdry	16,286	7,899	8,387	-
K Durrant	7,210	3,749	3,461	3,461
L Haynes	26,333	13,694	12,639	-
A Heath	9,846	5,020	4,826	4,826
J Paterson	28,844	-	28,444	-

The shares have been held in trust for two years and have been released by the trustee in accordance with the rules of APRA.

The Company also announces that the following shares were released to John Rishton on 11 March 2013 arising from the special grant of shares made to him on joining the Company. In addition, the Trustee sold the number of shares listed below to discharge his tax obligations arising from the release of the shares at a price of 1048.00 pence per share. Details of this award can be found on page 67 of the 2012 annual report.

	No of Shares vested	Number of Shares Sold to Discharge Tax Liability	Total Shares Released to Certificate
Performance related shares	76,143	39,595	36,548
Restricted shares	114,548	59,565	54,983
Total	190,691	99,160	91,531

For further information, please contact:-

Paul Davies - Deputy Company Secretary [phone]

Simon Goodson - Director - Investor Relations [phone]

 

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