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

NatwestAnnouncement

08/11/2017 15:31

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 1 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 2.8232.
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 PDMR
Position of PDMR
No. of Shares delivered
No. of Shares withheld to satisfy associated tax liability
No. of Shares retained 
Mark Bailie
Chief Operating Officer
141,684
66,592
75,092
Helen Cook
Chief HR Officer
37,635
17,689
19,946
Chris Marks
Chief Executive, NatWest Markets
141,684
66,592
75,092
Les Matheson
Chief Executive, Personal & Business Banking
106,263
49,944
56,319
Ross McEwan
Chief Executive
177,104
83,239
93,865
SimonMcNamara
Chief Administrative Officer
115,118
54,106
61,012
Alison Rose
Chief Executive, Commercial & Private Banking
132,828
62,430
70,398
David Stephen
Chief Risk Officer
123,973
58,268
65,705
Ewen Stevenson
Chief Financial Officer
141,684
66,592
75,092
David Wheldon
Chief Marketing 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 2.764. 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 tocharity, 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
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