Rolls-Royce Holdings plc Director/PDMR Shareholding (9890R)

TIDMRR.

RNS Number : 9890R

Rolls-Royce Holdings plc

01 November 2019

ROLLS-ROYCE HOLDINGS plc

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 5(th) 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 GBP7.1098 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.

ANNEX

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 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        Initial notification 
       /Amendment 
     --------------------------  -------------------------------------------- 
 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,        Ordinary Shares 
       type of instrument 
                                    GB00B63H8491 
       Identification code 
     --------------------------  -------------------------------------------- 
 b)   Nature of the transaction   Vesting of award made under the Rolls-Royce 
                                   Performance Share Plan 
     --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)     Volume(s) 
                                     GBP7.1098    103,644 
                                                 ---------- 
     --------------------------  -------------------------------------------- 
 d)   Aggregated information 
 
                                    Not applicable - vesting of award 
       - Aggregated volume 
 
 
       - Price 
     --------------------------  -------------------------------------------- 
 e)   Date of the transaction     31 October 2019 
     --------------------------  -------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, Main Market 
                                   (XLON) 
     --------------------------  -------------------------------------------- 
 

Dated 1 November 2019

For further information please contact:

Carolyn Sharpe

Senior Corporate Governance Manager

Rolls-Royce Holdings plc

Tel. no: 01332 245096

Email: [e-mail]

Media:

Richard Wray

Director of External Communications

Rolls-Royce plc

Tel: [phone]

[e-mail]

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November 01, 2019 12:00 ET (16:00 GMT)