REG - Royal Bk Scot.Grp. - Director/PDMR Shareholding <Origin Href="QuoteRef">RBS.L</Origin>
RNS Number : 2206FRoyal Bank of Scotland Group PLC10 November 2015The Royal Bank of Scotland Group plc
10 November 2015
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs") IN ACCORDANCE WITH DTR 3.1.2R AND DTR 3.1.4R
1. The Royal Bank of Scotland Group plc (the "Company") announces that ordinary shares of 1 each in the Company ("Shares") were delivered to the PDMRs on 10 November 2015, as set out below.
The Shares delivered represent payment of a fixed share allowance for the six month period ended 31 December 2015.
The number of Shares delivered, the number of Shares sold to meet associated tax liabilities and the number of Shares retained by each PDMR is as follows:-
PDMR
No. of Shares delivered
No. of Shares sold to satisfy associated tax liability
No. of Shares retained
Elaine Arden
44,888
21,130
23,758
Mark Bailie
124,906
58,795
66,111
Chris Marks
124,906
58,795
66,111
Leslie Matheson
85,873
40,421
45,452
Ross McEwan
156,133
73,493
82,640
SimonMcNamara
93,680
44,096
49,584
Jonathan Pain
46,839
22,048
24,791
Alison Rose
93,680
44,096
49,584
David Stephen
101,486
47,771
53,715
Ewen Stevenson
124,906
58,795
66,111
David Wheldon
35,130
16,536
18,594
The market price used to determine the number of Shares delivered was 3.2024. Shares retained after payment of associated tax liabilities are held on behalf of PDMRs in the Computershare Retained Share Nominee account and will be released in instalments over a five year retention period.
In February 2015, Mr McEwan confirmed that he did not intend to benefit from his 2015 fixed share allowance. In light of this commitment, he will transfer the net of tax Shares retained to charity when they are released over the course of the five year retention period.
2. The Company also announces that on 9 November 2015 it was notified that Elaine Arden, a PDMR, had sold 62,500 Shares on that date, at a price of 3.2277 per share.
For further information contact:-
RBS Media Relations - +44(0)131 523 4205
Person responsible for making notification:-
Aileen Taylor, Company Secretary
This information is provided by RNSThe company news service from the London Stock ExchangeENDRDSLLFEVLSLILIE
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