Rathbones Group PLC Director/PDMR Shareholding

RNS Number : 3566P

Rathbones Group PLC

21 May 2024

Rathbones Group Plc (the "Company")

Notification of Transactions of Persons Discharging Managerial Responsibilities

Following shareholder approval of the Directors' Remuneration Policy at the 2024 Annual General Meeting, the Company announces that the following PDMRs were granted share award in accordance with the rules of the Rathbones Group Plc Performance Share Plan for 2024.

The Performance Share Plan Award (PSP) will vest on the third anniversary of grant subject to meeting the performance conditions applied to the awards measured over the three-year period ending 31 December 2026 as disclosed on page 128 of the 2023 Annual Report and Accounts.

These awards were made at a share price of £15.41, based on the average share price over five days preceding the grant date and discounted to reflect the absence of dividend equivalents over the vesting period. For Executive Directors, Paul Stockton and Iain Hooley, the PSP Awards will be subject to a two-year post-vesting holding period. These awards are subject to malus and clawback provisions.

The notifications below, which have been made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.

Enquiries:

Ali Johnson,

Group Company Secretary

Telephone - 07901 118456

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Paul Stockton
2	Reason for the notification
a)	Position/status	Group Chief Executive Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rathbones Group Plc
b)	LEI	213800MBTHM6UE8ZQP29
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 5p each ISIN: GB0002148343
b)	Nature of the transaction	Share award grant made pursuant to the Rathbones Performance Share Plan (PSP)
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£15.41	80,221
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	2024-05-20
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Iain Hooley
2	Reason for the notification
a)	Position/status	Group 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	Rathbones Group Plc
b)	LEI	213800MBTHM6UE8ZQP29
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 5p each ISIN: GB0002148343
b)	Nature of the transaction	Share award grant made pursuant to the Rathbones Performance Share Plan (PSP)
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£15.41	56,700
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	2024-05-20
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Sarah Owen-Jones
2	Reason for the notification
a)	Position/status	Chief Risk Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rathbones Group Plc
b)	LEI	213800MBTHM6UE8ZQP29
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 5p each ISIN: GB0002148343
b)	Nature of the transaction	Share award grant made pursuant to the Rathbones Performance Share Plan (PSP)
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£15.41	40,417
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	2024-05-20
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Andy Brodie
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rathbones Group Plc
b)	LEI	213800MBTHM6UE8ZQP29
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 5p each ISIN: GB0002148343
b)	Nature of the transaction	Share award grant made pursuant to the Rathbones Performance Share Plan (PSP)
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£15.41	50,884
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	2024-05-20
f)	Place of the transaction	Outside a trading venue

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