Rolls-Royce Holdings plc (Company) announces that on 31 October 2019, ordinary shares in the company were transferred to Stephen Daintith, a person discharging managerial responsibility (PDMR) by Computershare Trustees (Jersey) Limited (the trustee of the Rolls-Royce Employee Share Trust) in relation to the automatic vesting of an award made under the Rolls-Royce Performance Share Plan (PSP) on 5th May 2017. In addition, shares were sold by the Trustee, on behalf of Stephen Daintith, to discharge his tax obligations arising from the release of the shares. Details of the number of shares sold and net shares released to Stephen Daintith, at a vesting price of £7.1098 per share, are set out below.
Number of Shares vested 103,644
Number of Shares sold to discharge tax liability 48,713
Number of Shares released to Stephen Daintith 54,931
The formal notification can be found on the following page.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Details of the person discharging managerial responsibilities / person closely associated
Reason for the notification
Chief Financial Officer
Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Rolls-Royce Holdings plc
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
Description of the financial instrument, type of instrument
Nature of the transaction
Vesting of award made under the Rolls-Royce Performance Share Plan
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.
Create your account: sign up and get ahead on news and events
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...