Royal Bank of Scotland Group PLC Director/PDMR Shareholding (9592V)
08 Novembre 2017 - 4:28PM
UK Regulatory
TIDMRBS
RNS Number : 9592V
Royal Bank of Scotland Group PLC
08 November 2017
8 November 2017
The Royal Bank of Scotland Group plc
Legal Entity Identifier: 2138005O9XJIJN4JPN90
INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITY ("PDMRs") in accordance with Article 19
of the EU Market Abuse Regulation 596/2014
1. The Royal Bank of Scotland Group plc (the "Company")
announces that ordinary shares of GBP1 each in the Company
("Shares") (ISIN: GB00B7T77214) were delivered to PDMRs on 7
November 2017, as set out below.
The Shares delivered represent payment of a fixed share
allowance for the six month period ending 31 December 2017 and have
been calculated using a share price of GBP2.8232.
The number of Shares delivered, the number of Shares withheld to
meet associated tax liabilities and the number of Shares retained
by each PDMR is as follows:-
Name of Position of No. of No. of No. of
PDMR PDMR Shares Shares Shares
delivered withheld retained
to satisfy
associated
tax liability
---------------- ---------------------- ----------- --------------- ----------
Chief Operating
Mark Bailie Officer 141,684 66,592 75,092
---------------- ---------------------- ----------- --------------- ----------
Helen Cook Chief HR Officer 37,635 17,689 19,946
---------------- ---------------------- ----------- --------------- ----------
Chief Executive,
Chris Marks NatWest Markets 141,684 66,592 75,092
---------------- ---------------------- ----------- --------------- ----------
Chief Executive,
Personal &
Les Matheson Business Banking 106,263 49,944 56,319
---------------- ---------------------- ----------- --------------- ----------
Ross McEwan Chief Executive 177,104 83,239 93,865
---------------- ---------------------- ----------- --------------- ----------
Chief Administrative
Simon McNamara Officer 115,118 54,106 61,012
---------------- ---------------------- ----------- --------------- ----------
Chief Executive,
Commercial
Alison Rose & Private Banking 132,828 62,430 70,398
---------------- ---------------------- ----------- --------------- ----------
Chief Risk
David Stephen Officer 123,973 58,268 65,705
---------------- ---------------------- ----------- --------------- ----------
Chief Financial
Ewen Stevenson Officer 141,684 66,592 75,092
---------------- ---------------------- ----------- --------------- ----------
Chief Marketing
David Wheldon Officer 39,849 18,730 21,119
---------------- ---------------------- ----------- --------------- ----------
The above transactions took place outside of a trading venue.
The market price used to determine the number of Shares withheld to
meet associated tax liabilities was GBP2.764. Shares retained after
payment of associated tax liabilities will be held on behalf of
PDMRs in the Computershare Retained Share Nominee account and will
be released in instalments over a three year period.
2. The Company announces that on 8 November 2017 Ross McEwan,
Chief Executive, transferred 30,664 Shares to charity for nil
consideration. The transfer is in line with the commitments Mr
McEwan made in February 2015 and February 2016 to transfer all of
his 2015 fixed share allowance and half of his 2016 fixed share
allowance to charity. Following the transfer to charity, Mr McEwan
has relinquished all legal and beneficial rights to such Shares.
The transfer took place outside of a trading venue.
For further information contact:-
RBS Investor Relations
Alexander Holcroft
Head of Equity Investor Relations
+44 20 7672 1758
RBS Media Relations
+44(0)131 523 4205
This information is provided by RNS
The company news service from the London Stock Exchange
END
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