RNS Number : 5690H
Royal Bank of Scotland Group PLC
08 June 2017
 

8 June 2017

The Royal Bank of Scotland Group plc

Legal Entity Identifier: 2138005O9XJIJN4JPN90

 

INITIAL NOTIFICATION OF TRANSACTION OF A PERSON DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR") IN ACCORDANCE WITH ARTICLE 19 OF THE EU MARKET ABUSE REGULATION 596/2014

 

The Royal Bank of Scotland Group plc (the "Company") announces that on 7 June 2017 a conditional deferred award over ordinary shares of £1 each in the Company ("Shares") (ISIN: GB00B7T77214) vested to the PDMR listed below. The conditional deferred award was granted under the RBS 2014 Employee Share Plan in March 2017.  The number of Shares withheld to meet associated tax liabilities arising on vesting and the number of vested Shares retained by the PDMR is set out  below:-

 

Name of PDMR

Position of PDMR

No. of Shares vested

No. of Shares withheld to satisfy associated tax liability

No. of vested Shares retained

Helen Cook

Chief HR Officer

15,534

7,301

8,233

 

The above transaction took place outside of a trading venue.  The market price used to determine the number of Shares withheld to meet associated tax liabilities was £2.551Shares retained after payment of associated tax liabilities are subject to a six month retention period from vesting and are held in the Computershare Retained Shares Nominee account.

 

 

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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