Director/PDMR Shareholding

RNS Number : 4947G

Rolls-Royce Holdings plc

17 March 2020

 

Rolls-Royce Holdings plc

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Rolls-Royce Holdings plc announces that on 16 March 2020 the following awards were granted to its persons discharging managerial responsibilities (PDMRs):

1.  Deferred share awards made under the Rolls-Royce Deferred Share Bonus Plan (DSBP) at a price of £4.896 per share. The deferred shares will vest in two years' time, provided that the PDMR remains an employee of a Rolls-Royce group company.

PDMR	Ordinary shares
Warren East	72,150
Stephen Daintith	43,334
Thomas Bell	38,972
Christopher Cholerton	35,933
Mark Gregory	22,197
Harry Holt	26,045
Andreas Schell	23,980
Paul Stein	20,510
Benjamin Story	24,633

2.  Grant of conditional share awards made under the Rolls-Royce Long Term Incentive Plan (LTIP) at a price of £4.896   per share. The conditional shares will vest in three years' time, subject to performance criteria being met and are then subject to a further two-year holding period. In the event the performance conditions are not satisfied the awards will lapse.

After consideration, the Remuneration Committee determined that the 2020 grants would be maintained at the standard levels. We acknowledge that, in common with many other companies we have seen a recent significant fall in our share price due to external factors. Under the LTIP rules, the Remuneration Committee has full discretion to ensure that the final outturns reflect all relevant factors, including consideration of any windfall gains.

PDMR	Ordinary shares
Warren East	481,771
Stephen Daintith	312,500
Thomas Bell	214,938
Christopher Cholerton	189,339
Mark Gregory	137,868
Harry Holt	161,765
Andreas Schell	181,149
Paul Stein	127,390
Benjamin Story	153,000

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Warren East
2	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rolls-Royce Holdings plc
b)	LEI	213800EC7997ZBLZJH69
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 20p each GB00B63H8491
Transaction 1
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.896 72,150
d)	Aggregated information - Aggregated volume - Price	72,150 £4.896
Transaction 2
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.896 481,771
d)	Aggregated information - Aggregated volume - Price	481,771 £ 4.896
e)	Date of the transaction (s)	16 March 20 20
f)	Place of the transaction (s)	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Daintith
2	Reason for the notification
a)	Position/status	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	Rolls-Royce Holdings plc
b)	LEI	213800EC7997ZBLZJH69
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 20p each GB00B63H8491
Transaction 1
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.896 43,334
d)	Aggregated information - Aggregated volume - Price	43,334 £4.896
Transaction 2
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.896 312,500
d)	Aggregated information - Aggregated volume - Price	312,500 £ 4.896
e)	Date of the transaction (s)	16 March 20 20
f)	Place of the transaction (s)	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Thomas Bell
2	Reason for the notification
a)	Position/status	President - Defence and President & CEO of Rolls-Royce North America
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rolls-Royce Holdings plc
b)	LEI	213800EC7997ZBLZJH69
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 20p each GB00B63H8491
Transaction 1
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.896 38,972
d)	Aggregated information - Aggregated volume - Price	38,972 £4.896
Transaction 2
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.896 214,938
d)	Aggregated information - Aggregated volume - Price	214,938 £ 4.896
e)	Date of the transaction (s)	16 March 20 20
f)	Place of the transaction (s)	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Christopher Cholerton
2	Reason for the notification
a)	Position/status	President - Civil Aerospace
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rolls-Royce Holdings plc
b)	LEI	213800EC7997ZBLZJH69
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 20p each GB00B63H8491
Transaction 1
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.896 35,933
d)	Aggregated information - Aggregated volume - Price	35,933 £4.896
Transaction 2
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.896 189,339
d)	Aggregated information - Aggregated volume - Price	189,339 £ 4.896
e)	Date of the transaction (s)	16 March 20 20
f)	Place of the transaction (s)	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Gregory
2	Reason for the notification
a)	Position/status	General Counsel
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rolls-Royce Holdings plc
b)	LEI	213800EC7997ZBLZJH69
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 20p each GB00B63H8491
Transaction 1
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £ 4.896 22,197
d)	Aggregated information - Aggregated volume - Price	22,197 £ 4.896
Transaction 2
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £ 4.896 137,868
d)	Aggregated information - Aggregated volume - Price	137,868 £ 4.896
e)	Date of the transaction (s)	16 March 20 20
f)	Place of the transaction (s)	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Harry Holt
2	Reason for the notification
a)	Position/status	Chief People Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rolls-Royce Holdings plc
b)	LEI	213800EC7997ZBLZJH69
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 20p each GB00B63H8491
Transaction 1
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £ 4.896 26,045
d)	Aggregated information - Aggregated volume - Price	26,045 £ 4.896
Transaction 2
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £ 4.896 161,765
d)	Aggregated information - Aggregated volume - Price	161,765 £ 4.896
e)	Date of the transaction (s)	16 March 20 20
f)	Place of the transaction (s)	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andreas Schell
2	Reason for the notification
a)	Position/status	CEO - Rolls-Royce Power Systems AG
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rolls-Royce Holdings plc
b)	LEI	213800EC7997ZBLZJH69
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 20p each GB00B63H8491
Transaction 1
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £ 4.896 23,980
d)	Aggregated information - Aggregated volume - Price	23,980 £ 4.896
Transaction 2
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £ 4.896 181,149
d)	Aggregated information - Aggregated volume - Price	181,149 £ 4.896
e)	Date of the transaction (s)	16 March 20 20
f)	Place of the transaction (s)	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Stein
2	Reason for the notification
a)	Position/status	Chief Technology Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rolls-Royce Holdings plc
b)	LEI	213800EC7997ZBLZJH69
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 20p each GB00B63H8491
Transaction 1
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £ 4.896 20,510
d)	Aggregated information - Aggregated volume - Price	20,510 £ 4.896
Transaction 2
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £ 4.896 127,390
d)	Aggregated information - Aggregated volume - Price	127,390 £ 4.896
e)	Date of the transaction (s)	16 March 20 20
f)	Place of the transaction (s)	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Benjamin Story
2	Reason for the notification
a)	Position/status	Strategic Marketing Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rolls-Royce Holdings plc
b)	LEI	213800EC7997ZBLZJH69
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 20p each GB00B63H8491
Transaction 1
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £ 4.896 24,633
d)	Aggregated information - Aggregated volume - Price	24,633 £ 4.896
Transaction 2
b)	Nature of the transaction	Grant of awards made under the Rolls-Royce Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £ 4.896 153,000
d)	Aggregated information - Aggregated volume - Price	153,000 £ 4.896
e)	Date of the transaction (s)	16 March 20 20
f)	Place of the transaction (s)	London Stock Exchange, Main Market (XLON)

Name of officer of issuer responsible for making notification: Nicola Carroll FCG Date of notification: 17 March 2020

 

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