TIDMRMG

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

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                                    Mick Jeavons 
     -------------------------------  ------------------------------------------- 
      Reason for the notification 
  2 
     ---------------------------------------------------------------------------- 
 a)   Position/status                  Group Chief Financial Officer 
     -------------------------------  ------------------------------------------- 
 b)   Initial notification/Amendment   Initial notification 
     -------------------------------  ------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a)   Name                             Royal Mail plc 
     -------------------------------  ------------------------------------------- 
 b)   LEI                              213800TCZZU84G8Z2M70 
     -------------------------------  ------------------------------------------- 
      Details of the transaction(s): section to be repeated for 
  4    (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               Ordinary shares of GBP0.01 each in 
       financial instrument,            Royal Mail plc 
       type of instrument 
 
       Identification code 
                                        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               N/A 
 
 
       - Price                           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: investorrelations@royalmail.com

Royal Mail investor relations line: 020 7449 8183

Media Relations

Greg Sage

Phone: 07483 421 374

Royal Mail press office: press.office@royalmail.com

Jenny Hall

Phone: 07776 993 036

Email: jenny.hall@royalmail.com

Company Secretary

Mark Amsden

Email: cosec@royalmail.com

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END

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August 09, 2022 10:00 ET (14:00 GMT)

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