Rolls-Royce Holdings PLC — Remuneration Information 2013

Mar 5, 2013

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RNS Number : 2719Z

Rolls-Royce Holdings plc

05 March 2013

5 March 2013

ROLLS-ROYCE HOLDINGS plc

Rolls-Royce Holdings plc (Company) announces that on 1 March 2013, ordinary shares in the company were transferred to the following persons discharging managerial responsibility (PDMRs) by EES Trustees International Ltd (the trustee of the Rolls-Royce Group 2008 Employee Share Trust) in relation to deferred awards made under the Company's Annual Performance Related Award plan (APRA) in 2011. In addition, the PDMRs sold the number of shares listed below to discharge their tax obligations arising from the release of the shares on 1 March 2013 at 1020.518 pence per share. The details of the PDMRs who immediately sold the shares released to them at 1020.518 pence per share are listed below.

	APRA Award (including dividend enhancement)	Number of Shares Sold to Discharge Tax Obligations	Total Shares Released	Total number of shares sold on release
## PDMRs
M King	26,263	13,657	12,606	-
A Michaelis	25,683	13,356	12,327	-
A Wood	22,792	11,854	10,938	10,938

The shares have been held in trust for two years and have been released by the trustee in accordance with the rules of APRA.

The Company also transferred ordinary shares to the following executive directors and persons discharging managerial responsibility (PDMRs) in relation to awards made under the Rolls-Royce Group plc Performance Share Plan (PSP) on 1 March 2010 at a grant price of 544.70 pence. In accordance with the rules of the PSP, the Trustee sold the number of shares listed in column B below to discharge tax obligations arising from the release and, in addition, sold further shares from those released as set out in column D below, all of such sales at a price of 1020.518 pence.

	A	B	C	D
	Number of Shares vested	Number of Shares Sold to Discharge Tax Liability	Total Shares released (A-B)	Total number of released shares sold
## Executive directors
## J Guyette	137,075	55,900	81,175	-
## M Morris	32,607	16,957	15,650	15,650
## C Smith	117,038	60,860	56,178	-
## PDMRs
M Cowdry	63,650	30,871	32,779	-
K Durrant	21,802	10,002	11,800	-
L Haynes	84,267	43,819	40,448	-
M King	88,122	45,824	42,298	-
A Michaelis	73,032	37,977	35,055	-
J Paterson	83,144	-	83,144	-
A Wood	66,092	34,370	31,722	31,722

All PSP participants must retain 50 per cent of the shares they receive under the PSP scheme until they retire from the Company or achieve a minimum shareholding requirement. The minimum shareholding requirement is 200 per cent of salary for the Chief Executive and 150 per cent for other executive directors. This ensures that the participants have a personal financial interest in the long-term success of the business.

For further information, please contact:-

Paul Davies - Deputy Company Secretary +44 (020) 7227 9207

Simon Goodson - Director - Investor Relations +44 (020) 7227 9237

This information is provided by RNS

The company news service from the London Stock Exchange

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