Director/PDMR Shareholding

RNS Number : 7850M

Royal Bank of Scotland Group PLC

20 September 2012

 

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

2. Name of person discharging managerial responsibilities/director

Christopher Paul Sullivan

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

Computershare Nominee Service Account - 85,805 ordinary shares

6. State the nature of the transaction

·      Exercise of nil-cost share options over 120,928 ordinary shares awarded under The Royal Bank of Scotland Group plc 2001 Medium-term Performance Plan on 19 September 2012 and subsequent sale of 120,928 ordinary shares on 19 September 2012 at a price of £2.6752 per share, the proceeds of which will be subject to relevant taxes.  

·      Sale of 85,805 ordinary shares on 19 September 2012 at a price of £2.665 per share

7. Number of shares, debentures or financial instruments relating to shares disposed

206,733

8. Date issuer informed of transaction

19 September 2012

9. 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

Jan Cargill, Deputy Secretary

Date of notification - 20 September 2012

 

END

 

 

RDSLLFVSAIIIFIF