Director/PDMR Shareholding

RNS Number : 4483V

Royal Mail PLC

09 August 2022

 

Royal Mail plc

(Incorporated in England and Wales)

Company Number: 8680755

LSE Share Code: RMG

ISIN:  GB00BDVZYZ77

LEI: 213800TCZZU84G8Z2M70

9 August 2022

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility

Royal Mail plc Long Term Incentive Plan (LTIP) Vesting

On 8 August 2022, shares that vested under the Royal Mail plc LTIP 2019 were transferred to the plan's participants. The Persons Discharging Managerial Responsibility (PDMRs) listed below received the total number of shares shown (net after payment of applicable taxes).

PDMR	Number of shares
Mick Jeavons	72,510

LTIP share awards are subject to a two-year post vesting holding period.

In addition, Executive Directors are expected to retain any share-based awards until they achieve a shareholding equivalent of 200 per cent of salary.

The below notification, made in acc ordance with the requirements of the UK Market Abuse Regulation, gives further detail.

Notification of Dealing Form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mick Jeavons
2	Reason for the notification
a)	Position/status	Group Chief Financial Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Royal Mail plc
b)	LEI	213800TCZZU84G8Z2M70
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of £0.01 each in Royal Mail plc GB00BDVZYZ77
b)	Nature of the transaction	Acquisition of 72,510 shares pursuant to the vesting of the LTIP 2019
c)	Price(s) and volume(s)	Price(s) Volume(s) Ordinary shares Nil 72,510
d)	Aggregated information - Aggregated volume - Price	N/A N/A
e)	Date of the transaction	8 August 2022
f)	Place of the transaction	London Stock Exchange (XLON)

Enquiries:

Investor Relations

John Crosse

Email:  [e-mail]

Royal Mail investor relations line: 020 7449 8183

Media Relations 

Greg Sage

Phone: [phone]

Royal Mail press office: [e-mail]

Jenny Hall

Phone: [phone]

Email: [e-mail]

Company Secretary

Mark Amsden

Email: [e-mail]

 

END

 

 

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