Director/PDMR Shareholding

RNS Number : 4149T
Rolls-Royce Holdings plc
17 March 2023
 

17 March 2023

Rolls-Royce Holdings plc

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 the following persons discharging managerial responsibilities (PDMRs) transacted in ordinary shares of 20p each in the Company due to the lapse of awards under the Rolls-Royce Long-Term Incentive Plan (LTIP).

LTIP

The following LTIP shares lapsed on 16 March 2023 due to performance conditions not being met. The awards were made on 16 March 2020 and were adjusted on 12 November 2020 following the rights issue. Performance was measured over three years to 31 December 2022.

PDMR

Shares lapsed

Sarah Armstrong

99,678

Rob Watson

47,611

 

The following LTIP shares were adjusted on 16 March 2023 as the performance conditions were not met and will formally lapse on 16 March 2025. The awards were made on 16 March 2020 and were adjusted on 12 November 2020 following the rights issue. Performance was measured over three years to 31 December 2022.

PDMR

Shares to lapse in 2025

Tom Bell

626,286

Chris Cholerton

551,695

Mark Gregory

401,719

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Sarah Armstrong

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

 

Lapse of awards made under the Rolls-Royce Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

Nil

99,678

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

99,678

Nil

e)

Date of the transaction (s)

 

16 March 2023

f)

 

Place of the transaction (s)

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Tom Bell

2

 

Reason for the notification

 

a)

 

Position/status

 

President - Defence; Chairman & CEO - 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

 

Adjustment of award made under the Rolls-Royce Long-Term Incentive Plan which will lapse on 16 March 2025

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

Nil

626,286

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

626,286

 

Nil

 

e)

Date of the transaction (s)

 

16 March 2023

f)

 

Place of the transaction (s)

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Chris 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

 

Adjustment of award made under the Rolls-Royce Long-Term Incentive Plan which will lapse on 16 March 2025

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

Nil

551,695

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

551,695

 

Nil

 

e)

 

Date of the transaction (s)

 

16 March 2023

f)

 

Place of the transaction (s)

 

Outside a trading venue

 

 

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

 

Adjustment of award made under the Rolls-Royce Long-Term Incentive Plan which will lapse on 16 March 2025

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

Nil

401,719

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

401,719

 

Nil

 

e)

 

Date of the transaction (s)

 

16 March 2023

f)

 

Place of the transaction (s)

 

Outside a trading venue

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Rob Watson

2

 

Reason for the notification

 

a)

 

Position/status

 

President - Rolls-Royce Electrical

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

 

Lapse of awards made under the Rolls-Royce Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

Nil

47,611

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

47,611

 

Nil

 

e)

Date of the transaction (s)

 

16 March 2023

f)

 

Place of the transaction (s)

 

Outside a trading venue

 

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