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 the PDMRs set out below have purchased ordinary shares of £1 each in the Company ("Shares") (ISIN: GB00B7T77214) on the date and at the prices indicated:-
Name of PDMR
Position of PDMR
No. of Shares purchased
Purchase price
Date of transaction
Howard Davies
Chairman
20,000
£2.194
30 October 2019
Mark Seligman[1]
Non-executive director
10,000
£2.1369
31 October 2019
Lena Wilson
Non-executive director
14,000
£2.124
30 October 2019
[1]M Seligman & Co Limited purchased and own Shares in the Company on behalf of Mark Seligman who is the beneficial owner of the Shares.
2. The Company announces that the trustee of the Company's Buy As You Earn Share Plan (the "Plan") purchased Shares in the Company on behalf of the PDMRs named below as participants in the Plan on the date and at the price indicated:-
Name of PDMR
Position of PDMR
No. of Shares purchased
Purchase price
Date of transaction
Chris Marks
CEO NatWest Markets Plc
67
£ 2.233
28 October 2019
Katie Murray
Chief Financial Officer
67
£ 2.233
28 October 2019
3. The Company announces that the PDMR set out below has sold Shares in the Company on the date and at the price indicated:-
Name of PDMR
Position of PDMR
No. of Shares sold
Price of Shares sold
Date of transaction
Andrew McLaughlin
CEO RBS International
225,000
£2.247
28 October 2019
All transactions took place on the London Stock Exchange (XLON).
Legal Entity Identifier: 2138005O9XJIJN4JPN90
For further information contact:-
RBSG Investor Relations Alexander Holcroft Head of Investor Relations +44 20 7672 1758
RBSG Media Relations
+44(0)131 523 4205
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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