Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Rolls-Royce Holdings plc (the Company) announces the following transactions by its Directors and PDMRs as a consequence of:
· The vesting of awards made under the Long Term Incentive Plan (LTIP)
· The vesting of awards made under the Rolls-Royce Performance Share Plan (PSP)
· The vesting of awards made under the Rolls-Royce Deferred Share Bonus Plan (APRA)
PDMRs |
Name of plan |
Grant date |
Exercise date |
Number of Shares vested |
Number of Shares sold to discharge Tax Liability* |
Total Shares released |
Total number of shares sold on release |
Thomas Bell |
LTIP |
08/03/18 |
28/02/19 |
218,958 |
85,963 |
132,995 |
- |
Christopher Cholerton |
APRA |
01/03/17 |
01/03/19 |
13,380 |
6,289 |
7,091 |
- |
PSP |
01/03/16 |
01/03/19 |
53,847 |
25,309 |
28,538 |
- |
Stephen Daintith |
PSP |
05/05/17 |
01/03/19 |
91,036 |
42,787 |
48,249 |
- |
Warren East |
APRA |
01/03/17 |
01/03/19 |
48,624 |
22,854 |
25,770 |
- |
PSP |
01/03/16 |
01/03/19 |
205,253 |
96,469 |
108,784 |
- |
Mark Gregory |
APRA |
01/03/17 |
01/03/19 |
14,719 |
6,918 |
7,801 |
- |
PSP |
01/03/16 |
01/03/19 |
68,344 |
32,122 |
36,222 |
- |
Harry Holt |
APRA |
01/03/17 |
01/03/19 |
13,009 |
6,115 |
6,894 |
- |
PSP |
01/03/16 |
01/03/19 |
72,487 |
34,069 |
38,418 |
- |
Mikael Makinen |
APRA |
01/03/17 |
01/03/19 |
18,108 |
9,739 |
8,369 |
- |
PSP |
01/03/16 |
01/03/19 |
84,084 |
43,194 |
40,890 |
- |
Andreas Schell |
PSP |
16/12/16 |
01/03/19 |
182,692 |
95,001 |
87,691 |
- |
Paul Stein |
LTIP |
01/03/16 |
01/03/19 |
26,095 |
12,266 |
13,829 |
- |
Benjamin Story |
APRA |
01/03/17 |
01/03/19 |
3,381 |
1,590 |
1,791 |
- |
*All shares sold to discharge Tax Liability were sold at a price of £9.093956 per share except the shares sold on behalf of Thomas Bell which were sold at £9.45
In addition to the awards set out above, a market sale was also conducted today as follows:
PDMR |
No. of Ordinary shares sold |
Trade date |
Sale Price |
Mark Gregory |
22,000 |
05/03/2019 |
£9.008 |
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 |
Thomas Bell |
2 |
Reason for the notification |
a) |
Position/status |
President - Defence and President & CEO of Rolls-Royce North America |
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 |
Vesting of 218,958 shares under the Rolls-Royce Long Term Incentive Plan (LTIP) 85,963 shares sold to cover tax leaving balance of 132,995 shares retained |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
1. Nil Consideration |
218,958 |
2. £9.45 |
85,963 |
|
d) |
Aggregated information - Aggregated volume - Price |
1. - £0.00 per share - Total Price £0.00 |
218,958 |
2. - £9.45 per share - Total Price £812,350.35 |
85,963 |
|
e) |
Date of the transaction |
28 February 2019 |
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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 |
Christopher Cholerton |
2 |
Reason for the notification |
a) |
Position/status |
President - Civil Aerospace |
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 |
Vesting of 13,380 shares under the Rolls-Royce Deferred Share Bonus Plan (APRA) and 53,847 shares under the Rolls-Royce Performance Share Plan (PSP) 31,598 shares sold to cover tax leaving balance of 35,629 shares retained |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
1. Nil Consideration |
67,227 |
2. £ 9.093956 |
31,598 |
|
d) |
Aggregated information - Aggregated volume - Price |
1. - £0.00 per share - Total Price £0.00 |
67,227 |
2. - £9.093956 per share - Total Price £287,338.92 |
31,598 |
|
e) |
Date of the transaction |
01 March 2019 |
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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 Dainith |
2 |
Reason for the notification |
a) |
Position/status |
Chief Financial Officer |
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 |
Vesting of 91,036 shares under the Rolls-Royce Performance Share Plan (PSP) 42,787 shares sold to cover tax leaving balance of 48,249 shares retained |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
1. Nil Consideration |
91,036 |
2. £ 9.093956 |
42,787 |
|
d) |
Aggregated information - Aggregated volume - Price |
Price(s) |
Volume(s) |
1. - £0.00 per share - Total Price £0.00 |
91,036 |
2. - £9.093956 per share - Total Price £389,103.92 |
42,787 |
|
e) |
Date of the transaction |
01 March 2019 |
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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 |
Warren East |
2 |
Reason for the notification |
a) |
Position/status |
Chief Executive Officer |
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 |
Vesting of 48,624 shares under the Rolls-Royce Deferred Share Bonus Plan (APRA) and 205,253 shares under the Rolls-Royce Performance Share Plan (PSP) 119,323 shares sold to cover tax leaving balance of 134,554 shares retained |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
1. Nil Consideration |
253,877 |
2. £ 9.093956 |
119,323 |
|
d) |
Aggregated information - Aggregated volume - Price |
Price(s) |
Volume(s) |
1. - £0.00 per share - Total Price £0.00 |
253,877 |
2. - £9.093956 per share - Total Price £1,085,118.11 |
119,323 |
|
e) |
Date of the transaction |
01 March 2019 |
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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 |
Mark Gregory |
2 |
Reason for the notification |
a) |
Position/status |
General Counsel |
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 |
Vesting of 14,719 shares under the Rolls-Royce Deferred Share Bonus Plan (APRA) and 68,344 shares under the Rolls-Royce Performance Share Plan (PSP) 39,040 shares sold to cover tax leaving balance of 44,023 shares retained 3 - A market sale |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
1. Nil Consideration |
83,063 |
2. £ 9.093956 |
39,040 |
3. £ 9.008 |
22,000 |
|
d) |
Aggregated information - Aggregated volume - Price |
Price(s) |
Volume(s) |
1. - £0.00 per share - Total Price £0.00 |
83,063 |
2. - £9.093956 per share - Total Price £355,028.04 |
39,040 |
3. - £ 9.008 - Total Price £198,176 |
22,000 |
|
e) |
Date of the transaction |
1-2 01 March 2019 3 05 March 2019 |
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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 |
Harry Holt |
2 |
Reason for the notification |
a) |
Position/status |
Chief People Officer |
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 |
Vesting of 13,009 shares under the Rolls-Royce Deferred Share Bonus Plan (APRA) and 72,487shares under the Rolls-Royce Performance Share Plan (PSP) 40,184 shares sold to cover tax leaving balance of 45,312 shares retained |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
1. Nil Consideration |
85,496 |
2. £ 9.093956 |
40,184 |
|
d) |
Aggregated information - Aggregated volume - Price |
Price(s) |
Volume(s) |
1. - £0.00 per share - Total Price £0.00 |
85,496 |
2. - £9.093956 per share - Total Price £365,431.53 |
40,184 |
|
e) |
Date of the transaction |
01 March 2019 |
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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 |
Mikael Makinen |
2 |
Reason for the notification |
a) |
Position/status |
President - Marine |
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 |
Vesting of 18,108 shares under the Rolls-Royce Deferred Share Bonus Plan (APRA) and 84,084 shares under the Rolls-Royce Performance Share Plan (PSP) 52,933 shares sold to cover tax leaving balance of 49,259 shares retained |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
1. Nil Consideration |
102,192 |
2. £ 9.093956 |
52,933 |
|
d) |
Aggregated information - Aggregated volume - Price |
Price(s) |
Volume(s) |
1. - £0.00 per share - Total Price £0.00 |
102,192 |
2. - £9.093956 per share - Total Price £481,370.37 |
52,933 |
|
e) |
Date of the transaction |
01 March 2019 |
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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 |
CEO - Rolls-Royce Power Systems AG |
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 |
Vesting of 182,692 shares under the Rolls-Royce Performance Share Plan (PSP) 95,001 shares sold to cover tax leaving balance of 87,691 shares retained |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
1. Nil Consideration |
182,692 |
2. £ 9.093956 |
95,001 |
|
d) |
Aggregated information - Aggregated volume - Price |
Price(s) |
Volume(s) |
1. - £0.00 per share - Total Price £0.00 |
182,692 |
2. - £9.093956 per share - Total Price £863,934.91 |
95,001 |
|
e) |
Date of the transaction |
01 March 2019 |
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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 |
Paul Stein |
2 |
Reason for the notification |
a) |
Position/status |
Chief Technology Officer |
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 |
Vesting of 26,095 shares under the Rolls-Royce Long Term Incentive Plan (LTIP) 12,266 shares sold to cover tax leaving balance of 13,829 shares retained |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
1. Nil Consideration |
26,095 |
2. £ 9.093956 |
12,266 |
|
d) |
Aggregated information - Aggregated volume - Price |
Price(s) |
Volume(s) |
1. - £0.00 per share - Total Price £0.00 |
26,095 |
2. - £9.093956 per share - Total Price £111,546.46 |
12,266 |
|
e) |
Date of the transaction |
01 March 2019 |
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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 |
Benjamin Story |
2 |
Reason for the notification |
a) |
Position/status |
Strategic Marketing Director |
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 |
Vesting of 3,381 shares under the Rolls-Royce Deferred Share Bonus Plan (APRA) 1,590 shares sold to cover tax leaving balance of 1,791 shares retained |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
1. Nil Consideration |
3,381 |
2. £ 9.093956 |
1,590 |
|
d) |
Aggregated information - Aggregated volume - Price |
Price(s) |
Volume(s) |
1. - £0.00 per share - Total Price £0.00 |
3,381 |
2. - £9.093956 per share - Total Price £14,459.39 |
1,590 |
|
e) |
Date of the transaction |
01 March 2019 |
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
Name of authorised official of issuer responsible for making notification Georgios Chatzopoulos ACIS - Corporate Governance Assistant Telephone: 01332 245464 Email: Georgios.Chatzopoulos@Rolls-Royce.com Date of notification - 05 March 2019 |