REG - Royal Bk Scot.Grp. - Director/PDMR Shareholding <Origin Href="QuoteRef">RBS.L</Origin>

NatwestAnnouncement

11/05/2016 15:40

RNS Number : 9745X
Royal Bank of Scotland Group PLC
11 May 2016
The Royal Bank of Scotland Group plc
11 May 2016
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs") IN ACCORDANCE WITH DTR3.1.2R 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 11 May 2016, as set out below. 
The Shares delivered represent payment of a fixed share allowance for the six month period ended 30 June 2016.
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:-
PDMR
No. of Shares delivered
No. of Shares withheld to satisfy associated tax liability
No. of Shares retained 
Elaine Arden
66,459
31,236
35,223
Mark Bailie
184,929
86,917
98,012
Chris Marks
184,929
86,917
98,012
Leslie Matheson
132,918
62,472
70,446
Ross McEwan
231,161
108,646
122,515
SimonMcNamara
144,476
67,904
76,572
Jonathan Pain
69,349
32,595
36,754
Alison Rose
150,255
70,620
79,635
David Stephen
156,034
73,336
82,698
Ewen Stevenson
184,929
86,917
98,012
David Wheldon
52,012
24,446
27,566
The market price used to determine the number of Shares delivered was 2.163. 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 period.
In February 2016, Mr McEwan confirmed that he intended to transfer half of his 2016 fixed share allowance to charity. In light of this commitment, he will transfer half of his retained shares to charity when they are released over the course of the five year period.
2. The Company also announces that on 10 May 2016 Mr McEwan transferred 15,350 Shares to charity for nil consideration. The transfer is in line with the commitment Mr McEwan made in February 2015 not to benefit from his 2015 fixed share allowance. Following the transfer tocharity, Mr McEwan has relinquished all legal and beneficial rights to the Shares. 
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 RNS
The company news service from the London Stock Exchange
  END
DSHLLFVSEEILLIR