Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Rolls-Royce Holdings plc (the Company)announces that on 23 March 2018 ordinary shares in the Company were awarded to Andreas Schell, a Person Discharging Managerial Responsibility (PDMR), under the rules of the Rolls-Royce Deferred Share Bonus Plan at a price of £8.5747 per share. The deferred share award will be transferred to the PDMR from the Rolls-Royce 2016 Employee Benefit Trust in two years time, provided that the PDMR remains an employee of a Rolls-Royce group company.
APRA |
No. of Ordinary shares awarded |
Andreas Schell |
28,228 |
An award was also made to Andreas Schell on 23 March 2018, under the rules of the Rolls-Royce Long Term Incentive Plan (LTIP) at a price of £8.5747 per share. No amount is payable upon the grant of the award. The award will vest in 2021 subject to performance criteria being met and is then subject to a two year holding period.
LTIP |
No. of Ordinary shares awarded |
Andreas Schell |
100,342 |
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 |
Andreas Schell |
2 |
Reason for the notification |
a) |
Position/status |
President and CEO - Power Systems |
b) |
Initial notification /Amendment |
Initial notification |
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, type of instrument Identification code |
Ordinary Shares of 20p each GB00B63H8491 |
b) |
Nature of the transaction |
Awards of conditional shares made under i. the Rolls-Royce Deferred Share Bonus Plan (APRA), and ii. the Rolls-Royce Long Term Incentive Plan (LTIP) |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£8.5747 |
28,228 |
£8.5747 |
100,342 |
|
d) |
Aggregated information - Aggregated volume - Price |
128,570 £8.5747 |
e) |
Date of the transaction |
23 March 2018 |
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
Dated 23 March 2018
For further information please contact:
Georgios Chatzopoulos - Company Secretariat Assistant
Telephone: 01332 245464
Email: Georgios.Chatzopoulos@Rolls-Royce.com