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 - [phone]

Person responsible for making notification:-

Aileen Taylor, Company Secretary and Chief Corporate Governance Officer

 

END

 

 

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