8 June 2017
The Royal Bank of Scotland Group plc
Legal Entity Identifier: 2138005O9XJIJN4JPN90
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INITIAL NOTIFICATION OF TRANSACTION OF A PERSON DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR") IN ACCORDANCE WITH ARTICLE 19 OF THE EU MARKET ABUSE REGULATION 596/2014
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The Royal Bank of Scotland Group plc (the "Company") announces that on 7 June 2017 a conditional deferred award over ordinary shares of �1 each in the Company ("Shares") (ISIN: GB00B7T77214) vested to the PDMR listed below. The conditional deferred award was granted under the RBS 2014 Employee Share Plan in March 2017.� The number of Shares withheld to meet associated tax liabilities arising on vesting and the number of vested Shares retained by the PDMR is set out �below:-
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|
Name of PDMR |
Position of PDMR |
No. of Shares vested |
No. of Shares withheld to satisfy associated tax liability |
No. of vested Shares retained |
|
Helen Cook |
Chief HR Officer |
15,534 |
7,301 |
8,233 |
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The above transaction took place outside of a trading venue.� The market p rice used to determine the number of Shares withheld to meet associated tax liabilities was �2.551.� Shares retained after payment of associated tax liabilities are subject to a six month retention period from vesting and are held in the Computershare Retained Shares Nominee account .
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For further information contact:-
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RBS Investor Relations
Alexander Holcroft
Head of Equity Investor Relations
+44 20 7672 1758
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RBS Media Relations �
+44(0)131 523 4205
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