REG - Rolls-Royce Holdings - Director/PDMR Shareholding

Rolls-Royce HoldingsAnnouncement

17/03/2020 14:55

RNS Number : 4947G
  
Rolls-Royce Holdings plc
  
17 March 2020
  
 

Rolls-Royce Holdings plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
 
Rolls-Royce Holdings plc announces that on 16 March 2020 the following awards were granted to its persons discharging managerial responsibilities (PDMRs):
1.    Deferred share awards made under the Rolls-Royce Deferred Share Bonus Plan (DSBP) at a price of £4.896 per share. The deferred shares will vest in two years' time, provided that the PDMR remains an employee of a Rolls-Royce group company.
 



PDMR


Ordinary shares




Warren East


72,150




Stephen Daintith


43,334




Thomas Bell


38,972




Christopher Cholerton


35,933




Mark Gregory


22,197




Harry Holt


26,045




Andreas Schell


23,980




Paul Stein


20,510




Benjamin Story


24,633



 
2.    Grant of conditional share awards made under the Rolls-Royce Long Term Incentive Plan (LTIP) at a price of £4.896 per share. The conditional shares will vest in three years' time, subject to performance criteria being met and are then subject to a further two-year holding period. In the event the performance conditions are not satisfied the awards will lapse. 
 
After consideration, the Remuneration Committee determined that the 2020 grants would be maintained at the standard levels. We acknowledge that, in common with many other companies we have seen a recent significant fall in our share price due to external factors. Under the LTIP rules, the Remuneration Committee has full discretion to ensure that the final outturns reflect all relevant factors, including consideration of any windfall gains.
 



PDMR


Ordinary shares




Warren East


481,771




Stephen Daintith


312,500




Thomas Bell


214,938




Christopher Cholerton


189,339




Mark Gregory


137,868




Harry Holt


161,765




Andreas Schell


181,149




Paul Stein


127,390




Benjamin Story


153,000



 
 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 


Warren East 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 


Chief Executive




b) 
 


Initial notification /Amendment 
 


Initial notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 




a) 
 


Name 
 


Rolls-Royce Holdings plc




b) 
 


LEI 
 


213800EC7997ZBLZJH69




4 
 


Details of the transaction(s): section to be repeated for (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 financial instrument, type of instrument 
 
Identification code 
 


 
Ordinary Shares of 20p each
 
GB00B63H8491
 




Transaction 1




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
 




c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


72,150








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
72,150
£4.896




Transaction 2




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Long Term Incentive Plan
 




c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


481,771








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
481,771
£4.896




e) 
 


Date of the transaction(s)
 


16 March 2020




f) 
 


Place of the transaction(s)
 


London Stock Exchange, Main Market (XLON)



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 


Stephen Daintith 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 


Chief Financial Officer




b) 
 


Initial notification /Amendment 
 


Initial notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 




a) 
 


Name 
 


Rolls-Royce Holdings plc




b) 
 


LEI 
 


213800EC7997ZBLZJH69




4 
 


Details of the transaction(s): section to be repeated for (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 financial instrument, type of instrument 
 
Identification code 
 


 
Ordinary Shares of 20p each
 
GB00B63H8491
 




Transaction 1




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
 




c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


43,334








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
43,334
£4.896




Transaction 2




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Long Term Incentive Plan







c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


312,500








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
312,500
£4.896




e) 
 


Date of the transaction(s)
 


16 March 2020




f) 
 


Place of the transaction(s)
 


London Stock Exchange, Main Market (XLON)



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 


Thomas Bell 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 


President - Defence and President & CEO of Rolls-Royce North America




b) 
 


Initial notification /Amendment 
 


Initial notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 




a) 
 


Name 
 


Rolls-Royce Holdings plc




b) 
 


LEI 
 


213800EC7997ZBLZJH69




4 
 


Details of the transaction(s): section to be repeated for (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 financial instrument, type of instrument 
 
Identification code 
 


 
Ordinary Shares of 20p each
 
GB00B63H8491
 




Transaction 1




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
 




c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


38,972








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
38,972
£4.896




Transaction 2




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Long Term Incentive Plan







c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


214,938








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
214,938
£4.896




e) 
 


Date of the transaction(s)
 


16 March 2020




f) 
 


Place of the transaction(s)
 


London Stock Exchange, Main Market (XLON)



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 


Christopher Cholerton 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 


President - Civil Aerospace




b) 
 


Initial notification /Amendment 
 


Initial notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 




a) 
 


Name 
 


Rolls-Royce Holdings plc




b) 
 


LEI 
 


213800EC7997ZBLZJH69




4 
 


Details of the transaction(s): section to be repeated for (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 financial instrument, type of instrument 
 
Identification code 
 


 
Ordinary Shares of 20p each
 
GB00B63H8491
 




Transaction 1




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
 




c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


35,933








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
35,933
£4.896




Transaction 2




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Long Term Incentive Plan







c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


189,339








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
189,339
£4.896




e) 
 


Date of the transaction(s)
 


16 March 2020




f) 
 


Place of the transaction(s)
 


London Stock Exchange, Main Market (XLON)



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 


Mark Gregory 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 


General Counsel




b) 
 


Initial notification /Amendment 
 


Initial notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 




a) 
 


Name 
 


Rolls-Royce Holdings plc




b) 
 


LEI 
 


213800EC7997ZBLZJH69




4 
 


Details of the transaction(s): section to be repeated for (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 financial instrument, type of instrument 
 
Identification code 
 


 
Ordinary Shares of 20p each
 
GB00B63H8491
 




Transaction 1




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
 




c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


22,197








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
22,197
£4.896




Transaction 2




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Long Term Incentive Plan







c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


137,868








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
137,868
£4.896




e) 
 


Date of the transaction(s)
 


16 March 2020




f) 
 


Place of the transaction(s)
 


London Stock Exchange, Main Market (XLON)



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 


Harry Holt 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 


Chief People Officer




b) 
 


Initial notification /Amendment 
 


Initial notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 




a) 
 


Name 
 


Rolls-Royce Holdings plc




b) 
 


LEI 
 


213800EC7997ZBLZJH69




4 
 


Details of the transaction(s): section to be repeated for (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 financial instrument, type of instrument 
 
Identification code 
 


 
Ordinary Shares of 20p each
 
GB00B63H8491
 




Transaction 1




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
 




c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


26,045








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
26,045
£4.896




Transaction 2




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Long Term Incentive Plan







c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


161,765








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
161,765
£4.896




e) 
 


Date of the transaction(s)
 


16 March 2020




f) 
 


Place of the transaction(s)
 


London Stock Exchange, Main Market (XLON)



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 


Andreas Schell 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 


CEO - Rolls-Royce Power Systems AG




b) 
 


Initial notification /Amendment 
 


Initial notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 




a) 
 


Name 
 


Rolls-Royce Holdings plc




b) 
 


LEI 
 


213800EC7997ZBLZJH69




4 
 


Details of the transaction(s): section to be repeated for (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 financial instrument, type of instrument 
 
Identification code 
 


 
Ordinary Shares of 20p each
 
GB00B63H8491
 




Transaction 1




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
 




c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


23,980








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
23,980
£4.896




Transaction 2




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Long Term Incentive Plan
 




c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


181,149








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
181,149
£4.896




e) 
 


Date of the transaction(s)
 


16 March 2020




f) 
 


Place of the transaction(s)
 


London Stock Exchange, Main Market (XLON)



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 


Paul Stein 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 


Chief Technology Officer




b) 
 


Initial notification /Amendment 
 


Initial notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 




a) 
 


Name 
 


Rolls-Royce Holdings plc




b) 
 


LEI 
 


213800EC7997ZBLZJH69




4 
 


Details of the transaction(s): section to be repeated for (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 financial instrument, type of instrument 
 
Identification code 
 


 
Ordinary Shares of 20p each
 
GB00B63H8491
 




Transaction 1




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
 




c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


20,510








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
20,510
£4.896




Transaction 2




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Long Term Incentive Plan







c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


127,390








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
127,390
£4.896




e) 
 


Date of the transaction(s)
 


16 March 2020




f) 
 


Place of the transaction(s)
 


London Stock Exchange, Main Market (XLON)



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 


Benjamin Story 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 


Strategic Marketing Director




b) 
 


Initial notification /Amendment 
 


Initial notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 




a) 
 


Name 
 


Rolls-Royce Holdings plc




b) 
 


LEI 
 


213800EC7997ZBLZJH69




4 
 


Details of the transaction(s): section to be repeated for (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 financial instrument, type of instrument 
 
Identification code 
 


 
Ordinary Shares of 20p each
 
GB00B63H8491
 




Transaction 1




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Deferred Share Bonus Plan
 




c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


24,633








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
24,633
£4.896




Transaction 2




b) 
 


Nature of the transaction 
 


Grant of awards made under the Rolls-Royce Long Term Incentive Plan







c) 
 


Price(s) and volume(s) 
 


 



Price(s)
 


Volume(s)




£4.896


153,000








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 


 
153,000
£4.896




e) 
 


Date of the transaction(s)
 


16 March 2020




f) 
 


Place of the transaction(s)
 


London Stock Exchange, Main Market (XLON)



 



Name of officer of issuer responsible for making notification: Nicola Carroll FCG
Date of notification: 17 March 2020



 


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