Director/PDMR Shareholding

Rolls-Royce Holdings plc

24 March 2026

 

24 March 2026

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 transacted in ordinary shares of 20p each in the Company (Shares).

Vesting of awards

The following Shares vested on 23 March 2026 in relation to awards made to Helen McCabe on 29 November 2023 under the Rolls-Royce Long Term Incentive Plan in respect of compensation for remuneration opportunities lost as a result of her leaving her former employer.

PDMR	Shares vested	Shares sold to cover statutory withholding liabilities	Shares retained
Helen McCabe	261,549	123,175	138,374

The following Shares vested on 23 March 2026 in relation to awards made on 1 March 2024 and 22 March 2024 under the Rolls-Royce Incentive Plan Share Award.

PDMR	Shares vested	Shares sold to cover statutory withholding liabilities	Shares retained
Sarah Armstrong	159,151	74,952	84,199
Simon Burr	64,519	30,385	34,134
Chris Cholerton	190,414	89,675	100,739
Nikki Grady-Smith	66,184	31,169	35,015
Adam Riddle	164,966	58,516	106,450
Jörg Stratmann	216,993	113,063	103,930
Rob Watson	171,258	80,653	90,605

The vested Incentive Plan Shares above includes accumulated dividends during the vesting periods which were reinvested in Shares on 23 March 2026 based on the average mid-market closing price on the three days leading up to and including the relevant dividend record dates.

PDMR	Share price	Number of shares
Sarah Armstrong	£7.182	1,313
	£10.7883	661
Simon Burr	£7.182	532
	£10.7883	268
Chris Cholerton	£7.182	1,571
	£10.7883	790
Nikki Grady-Smith	£7.182	546
	£10.7883	274
Adam Riddle	£7.182	1,361
	£10.7883	685
Jörg Stratmann	£7.182	1,790
	£10.7883	901
Rob Watson	£7.182	1,412
	£10.7883	711

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Helen McCabe
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
Transaction 1
b)	Nature of the transaction	Vest of shares received under the Rolls-Royce Long Term Incentive Plan in respect of compensation for remuneration opportunities lost as a result of her leaving her former employer.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 162,337 Nil 99,212
d)	Aggregated information - Aggregated volume - Price	261,549 Nil
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	Outside a trading venue
Transaction 2
b)	Nature of the transaction	Sale of Shares to cover statutory withholding liabilities
c)	Price(s) and volume(s)	Price(s) Volume(s) £11.49591 123,175
d)	Aggregated information - Aggregated volume - Price	123,175 £1,416,009.08
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

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
Transaction 1
b)	Nature of the transaction	Vest of shares received as part of the Rolls-Royce Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 157,177 £7.182 1,313 £10.7883 661
d)	Aggregated information - Aggregated volume - Price	159,151 £16,561.03
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	Outside a trading venue
Transaction 2
b)	Nature of the transaction	Sale of Shares to cover statutory withholding liabilities
c)	Price(s) and volume(s)	Price(s) Volume(s) £11.49591 74,952
d)	Aggregated information - Aggregated volume - Price	74,952 £861,641.67
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Simon Burr
2	Reason for the notification
a)	Position/status	Group Director - Engineering, Technology & Safety
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
Transaction 1
b)	Nature of the transaction	Vest of shares received as part of the Rolls-Royce Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 63,719 £7.182 532 £10.7883 268
d)	Aggregated information - Aggregated volume - Price	64,519 £6,712.09
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	Outside a trading venue
Transaction 2
b)	Nature of the transaction	Sale of Shares to cover statutory withholding liabilities
c)	Price(s) and volume(s)	Price(s) Volume(s) £11.49591 30,385
d)	Aggregated information - Aggregated volume - Price	30,385 £349,303.32
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chris Cholerton
2	Reason for the notification
a)	Position/status	Group President
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
Transaction 1
b)	Nature of the transaction	Vest of shares received as part of the Rolls-Royce Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 188,053 £7.182 1,571 £10.7883 790
d)	Aggregated information - Aggregated volume - Price	190,414 £19,805.68
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	Outside a trading venue
Transaction 2
b)	Nature of the transaction	Sale of Shares to cover statutory withholding liabilities
c)	Price(s) and volume(s)	Price(s) Volume(s) £11.49591 89,675
d)	Aggregated information - Aggregated volume - Price	89,675 £1,030,896.00
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nikki Grady-Smith
2	Reason for the notification
a)	Position/status	Chief Transformation 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
Transaction 1
b)	Nature of the transaction	Vest of shares received as part of the Rolls-Royce Incentive Plan Share Award
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 65,364 £7.182 546 £10.7883 274
d)	Aggregated information - Aggregated volume - Price	66,184 £6,877.37
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	Outside a trading venue
Transaction 2
b)	Nature of the transaction	Sale of Shares to cover statutory withholding liabilities
c)	Price(s) and volume(s)	Price(s) Volume(s) £11.49591 31,169
d)	Aggregated information - Aggregated volume - Price	31,169 £358,316.11
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Adam Riddle
2	Reason for the notification
a)	Position/status	President - Defence
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
Transaction 1
b)	Nature of the transaction	Vest of shares received as part of the Rolls-Royce Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 162,920 £7.182 1,361 £10.7883 685
d)	Aggregated information - Aggregated volume - Price	164,966 £17,164.69
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	Outside a trading venue
Transaction 2
b)	Nature of the transaction	Sale of Shares to cover statutory withholding liabilities
c)	Price(s) and volume(s)	Price(s) Volume(s) £11.49591 58,516
d)	Aggregated information - Aggregated volume - Price	58,516 £672,694.85
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jörg Stratmann
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
Transaction 1
b)	Nature of the transaction	Vest of shares received as part of the Rolls-Royce Incentive Plan Share Award
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 214,302 £7.182 1,790 £10.7883 901
d)	Aggregated information - Aggregated volume - Price	216,993 £22,576.04
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	Outside a trading venue
Transaction 2
b)	Nature of the transaction	Sale of Shares to cover statutory withholding liabilities
c)	Price(s) and volume(s)	Price(s) Volume(s) £11.49591 113,063
d)	Aggregated information - Aggregated volume - Price	113,063 £1,299,762.41
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Rob Watson
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
Transaction 1
b)	Nature of the transaction	Vest of shares received as part of the Rolls-Royce Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 169,135 £7.182 1,412 £10.7883 711
d)	Aggregated information - Aggregated volume - Price	171,258 £17,811.47
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	Outside a trading venue
Transaction 2
b)	Nature of the transaction	Sale of Shares to cover statutory withholding liabilities
c)	Price(s) and volume(s)	Price(s) Volume(s) £11.49591 80,653
d)	Aggregated information - Aggregated volume - Price	80,653 £927,179.87
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

Name of officer of issuer responsible for making notification: Matthew Conacher Date of notification: 24 March 2026

 

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