14th Mar 2012 11:05
ROLLS-ROYCE HOLDINGS PLC DIRECTOR / PDMR SHAREHOLDING 14 March 2012 Rolls-Royce Holdings plc (Company) announces that on 12 March 2012, ordinaryshares in the Company were transferred to the following executive directors andpersons discharging managerial responsibility (PDMRs) by EES TrusteesInternational Ltd (the Trustee of the Rolls-Royce Group 2008 Employee ShareTrust) in relation to awards made under the Rolls-Royce Group plc PerformanceShare Plan (PSP) on 10 March 2009 at a grant price of 260.42 pence. Inaccordance with the rules of the PSP, the Trustee sold the number of shareslisted in column B below to discharge tax obligations arising from the releaseand, in addition, sold further shares from those released as set out in columnD below, all of such sales at a price of 818.2518 pence. A B C D Number of Number of Total Total Shares Shares Sold to Shares number of vested Discharge Tax released released Liability (A-B) shares sold Executive directors J Guyette 311,768 113,484 198,284 M Morris 55,633 24,846 30,787 C Smith 222,479 115,690 106,789 60,000 M Terrett 287,997 149,759 138,238 138,238 PDMRs M Cowdry 130,521 55,520 75,001 M Haidinger 140,660 59,078 81,582 L Haynes 172,799 85,772 87,027 A Heath 38,400 19,968 18,432 M King 170,495 88,658 81,837 81,837 A Michaelis 149,759 73,792 75,967 37,000 J Paterson 170,495 52,172 118,323 A Wood 115,200 55,821 59,379 50,000All PSP participants must retain 50 per cent of the shares they receive underthe PSP scheme until they retire from the Company or achieve a minimumshareholding requirement. The minimum shareholding requirement is 200 per centof salary for the Chief Executive and 150 per cent for other executivedirectors. This ensures that the participants have a personal financialinterest in the long-term success of the business.
For further information, please contact:-
Paul Davies, Acting Company Secretary +44 (020) 7227 9207
Simon Goodson, Director - Investor Relations +44 (020) 7227 7237
XLONRelated Shares:
Rolls-Royce