18th Jul 2007 16:05
STOCK EXCHANGE ANNOUNCEMENT ROLLS-ROYCE GROUP PLC 18 July 2007
Rolls-Royce Group plc announces that on 13 July 2007 ordinary shares in the Company were transferred to the following Person Discharging Managerial Responsibility (PDMR)by Halifax EES Trustees International Ltd (the trustee of the Rolls-Royce 2003 Employee Share Trust ) in relation to awards made under the Rolls-Royce Group plc Performance Share Plan ("the Plan") . In addition the number of shares listed below were sold on behalf of the PDMR to discharge tax obligations arising from the release of the shares.
No of Shares Number of shares Total Shares Sold to Discharge Transferred Tax Liability PDMR J Paterson 42,934 17,603 25,331
The shares have been released by the trustee in accordance with the rules of the Plan following the satisfaction of performance conditions and the end of the three-year vesting period applicable to the award.
For further information, please contact:-
Mark Alflatt -Director of Financial Communications 020 7227 9164
ROLLS-ROYCE GROUP PLCRelated Shares:
Rolls-Royce