Director/PDMR Shareholding
Source: RNS
Royal Mail plc
(Incorporated in England and Wales)
Company Number: 8680755
LSE Share Code: RMG
ISIN: GB00BDVZYZ77
LEI: 213800TCZZU84G8Z2M70
9 August 2022
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility
Royal Mail plc Long Term Incentive Plan (LTIP) Vesting
On 8 August 2022, shares that vested under the Royal Mail plc LTIP 2019 were transferred to the plan's participants. The Persons Discharging Managerial Responsibility (PDMRs) listed below received the total number of shares shown (net after payment of applicable taxes).
|
PDMR |
Number of shares |
|
Mick Jeavons |
72,510 |
LTIP share awards are subject to a two-year post vesting holding period.
In addition, Executive Directors are expected to retain any share-based awards until they achieve a shareholding equivalent of 200 per cent of salary.
The below notification, made in accordance with the requirements of the UK Market Abuse Regulation, gives further detail.
Notification of Dealing Form
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||||
|
a) |
Name |
Mick Jeavons
|
||||||
|
2
|
Reason for the notification
|
|||||||
|
a)
|
Position/status
|
Group 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
|
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 instrument, type of instrument
Identification code
|
Ordinary shares of £0.01 each in Royal Mail plc
GB00BDVZYZ77
|
||||||
|
b)
|
Nature of the transaction
|
Acquisition of 72,510 shares pursuant to the vesting of the LTIP 2019 |
||||||
|
c)
|
Price(s) and volume(s)
|
|
||||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
N/A
|
||||||
|
e)
|
Date of the transaction
|
8 August 2022
|
||||||
|
f)
|
Place of the transaction
|
London Stock Exchange (XLON) |
||||||
Enquiries:
Investor Relations
John Crosse
Email: investorrelations@royalmail.com
Royal Mail investor relations line: 020 7449 8183
Media Relations
Greg Sage
Phone: 07483 421 374
Royal Mail press office: press.office@royalmail.com
Jenny Hall
Phone: 07776 993 036
Email: jenny.hall@royalmail.com
Company Secretary
Mark Amsden
Email: cosec@royalmail.com
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