Royal Bank of Scotland Group PLC Director/PDMR Shareholding (0817J)
14 August 2019 - 11:53PM
UK Regulatory
TIDMRBS
RNS Number : 0817J
Royal Bank of Scotland Group PLC
14 August 2019
14 August 2019
The Royal Bank of Scotland Group plc
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 GBP1 each in the Company (Shares) (ISIN:
GB00B7T77214) were delivered to PDMRs on 13 August 2019, as set out
below.
The Shares delivered represent payment of a fixed share
allowance for the three month period ending 30 September 2019 and
have been calculated using a share price of GBP2.029.
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 No. of Shares No. of
Shares withheld to Shares
delivered satisfy associated retained
tax liability
Chief Risk Officer,
Vanessa Bailey NatWest Holdings 30,796 14,475 16,321
------------------------ ----------- -------------------- ----------
Mark Bailie CEO, Bó 49,274 23,159 26,115
------------------------ ----------- -------------------- ----------
Helen Cook Chief HR Officer 15,090 7,093 7,997
------------------------ ----------- -------------------- ----------
Bruce Fletcher Chief Risk Officer 36,955 17,369 19,586
------------------------ ----------- -------------------- ----------
Chris Marks CEO, NatWest Markets 61,592 28,949 32,643
------------------------ ----------- -------------------- ----------
CEO, Personal
Les Matheson Banking 36,955 17,739 19,216
------------------------ ----------- -------------------- ----------
Andrew McLaughlin(1) CEO, RBS International 18,478 0 18,478
------------------------ ----------- -------------------- ----------
Chief Administrative
Simon McNamara Officer 40,035 19,217 20,818
------------------------ ----------- -------------------- ----------
Deputy CEO, NatWest
Holdings and CEO,
Commercial & Private
Alison Rose Banking 52,353 24,606 27,747
------------------------ ----------- -------------------- ----------
Chief Marketing
David Wheldon Officer 13,859 6,514 7,345
------------------------ ----------- -------------------- ----------
1. The award was made when the PDMR was resident in Jersey
and therefore is taxable in Jersey only and not in the UK.
No employer tax withholding is required under Jersey law. The
Jersey income tax payable in respect of the vesting of the
award will be paid by the PDMR directly to the Jersey tax authority.
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 GBP2.028. 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.
Legal Entity Identifier: 2138005O9XJIJN4JPN90
For further information contact:-
RBSG Investor Relations
Alexander Holcroft
Head of Investor Relations
+44(0)20 7672 1758
RBSG Media Relations
+44(0)131 523 4205
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London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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