Royal Mail PLC Director/PDMR Shareholding (1360S)

TIDMRMG

RNS Number : 1360S

Royal Mail PLC

21 June 2018

Royal Mail plc

21 June 2018

Notifications of Transactions of Directors/Persons Discharging Managerial Responsibility ("PDMRs") and persons closed associated with them

On 20 June 2018 (the "Grant Date") the Persons Discharging Managerial Responsibilities ("PDMRs") listed below were granted conditional Share Awards over ordinary shares in the Company under the Royal Mail Deferred Share Bonus Plan (the "DSBP "), as set out below:

Number of shares awarded (the "Share Awards") under the Royal Mail DSBP:

 
      PDMRs       No of Shares 
 Rico Back           52,243 
                  ------------ 
 Stuart Simpson      56,350 
                  ------------ 
 Susan Whalley       40,101 
                  ------------ 
 

The Share Awards will normally vest on the third anniversary of the date of grant, subject to the rules of the DSBP. The DSBP was approved by shareholders at the 2016 Annual General Meeting.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 
1   Details of the person discharging managerial responsibilities / person closely 
     associated 
a)  Name                            1. Rico Back 
                                     2. Stuart Simpson 
                                     3. Sue Whalley 
    -----------------------------  -------------------------------------------------- 
2   Reason for the notification 
    --------------------------------------------------------------------------------- 
a)  Position/status                 1. Group Chief Executive Officer 
                                     2. Chief Finance Officer 
                                     3. Chief Executive Officer of Post and Parcels, 
                                     Royal Mail UK 
    -----------------------------  -------------------------------------------------- 
b)  Initial notification           Initial notification 
     /Amendment 
    -----------------------------  -------------------------------------------------- 
3   Details of the issuer, emission allowance market participant, auction platform, 
     auctioneer or auction monitor 
    --------------------------------------------------------------------------------- 
a)  Name                           Royal Mail plc 
    -----------------------------  -------------------------------------------------- 
b)  LEI                            213800TCZZU84G8Z2M70 
    -----------------------------  -------------------------------------------------- 
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   Ordinary Shares of 0.01 pence each in Royal 
     instrument, type of            Mail plc 
     instrument 
 
     Identification code            GB00BDVZYZ77 
    -----------------------------  -------------------------------------------------- 
b)  Nature of the transaction      Award of Shares under the Deferred Share 
                                    Bonus Plan 
    -----------------------------  -------------------------------------------------- 
c)  Price(s) and volume(s)          Price(s)          Volume(s) 
                                     GBP5.0647 per      1. 52,243 
                                      Ordinary Share     2. 56,350 
                                                               3. 40,101 
    -----------------------------  -------------------------------------------------- 
d)  Aggregated information         Not Applicable - Single Transaction 
 
 
     - Aggregated volume 
 
 
     - Price 
    -----------------------------  -------------------------------------------------- 
e)  Date of the transaction        20 June 2018 
    -----------------------------  -------------------------------------------------- 
f)  Place of the transaction       London Stock Exchange, Main Market (XLON) 
    -----------------------------  -------------------------------------------------- 
 

Contacts:

Company Secretariat

Kulbinder Dosanjh

Phone: [phone]

Email: [e-mail]

Media

Peter Tilley

Phone: [phone]

Email: [e-mail]

Royal Mail press office out of hours: 020 3338 1007

Investor Relations

Catherine Nash

Phone: [phone]

Email: [e-mail]

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 [e-mail] or visit www.rns.com.

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June 21, 2018 05:35 ET (09:35 GMT)