Group CEO Rico Back purchases GBP702,000 of RMG shares - 300,000 shares @ GBP2.34

[postareale]

Regulatory Story

RNS Royal Mail PLC - RMG
Director/PDMR Shareholding
Released 15:39 18-Dec-2019


RNS Number : 3818X
Royal Mail PLC
18 December 2019

Royal Mail plc

(Incorporated in England and Wales)

Company Number: 8680755

LSE Share Code: RMG

ISIN: GB00BDVZYZ77

LEI: 213800TCZZU84G8Z2M70

18 December 2019

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility

Royal Mail plc (the "Company") received notification that on the 18 December 2019 the Director listed below traded in ordinary shares of one pence each in the capital of the Company as set out in the following table:

The below notification, made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation, provides further detail.

1 Details of the person discharging managerial responsibilities / person closely associated

a) Name: Rico Back

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: Royal Mail plc

b) LEI

213800TC22U84G8Z2M70

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 £0.01 each in Royal Mail plc

GB00BDVZYZ77

b) Nature of the transaction: Purchase of Shares

c) Price(s) and volume(s)

Price(s): £2.34

Volume(s): 300,000

Ordinary shares

d) Aggregated information

Aggregate Price: £2.34

Aggregate Volume: 300,000

Aggregate Total: £702,000

Ordinary shares GDP

e) Date of the transaction:18 December 2019

f) Place of the transaction: London Stock Exchange (XLON)

For more information, please contact:

Investor Relations

John Crosse

Phone: 020 7449 8183

Email: investorrelations@royalmail.com

Media Relations

Beth Longcroft

Phone: 07435 768 549

Email: beth.longcroft@royalmail.com

Royal Mail press office out of hours: 020 7449 8246

Company Secretary

Mark Amsden

Phone: 020 7449 8289

Email: cosec@royalmail.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit http://www.rns.com" onclick="window.open(this.href);return false;.

[ssdd]

Ohhh boy! So in the New Year I wonder what his 'deal' is going to be with the CWU? I get the feeling there's going to be a hike in the share price soon...

[scoobydo79]

Re ballot for a strike now!!! You can see where this is going.What does the union think it is doing?

[Phantom]

Personally I think he's going for the removal of Saturday delivery of letters.

Offer up VR's for a majority of those staff and create separate parcels delivery only duties who will work later for the rest.

No compulsory redundancies.

Would this get staff on board with their plan???

Taking a day out would boost the share price. A week day would get trouble, a Saturday would be wise from a business point of view.

[PostmanBitesDog]

Personally I think he's going for the removal of Saturday delivery of letters.

Perhaps Rico Back may go further. Like Australia's delivery service in regional locations that have a limited delivery service. Or, God forbid, New Zealand, which has a three-days per week standard delivery service.

New Zealand Post: Finding Out When My Mail Will Be Delivered

https://support.nzpost.co.nz/app/answer ... -delivered

[rogersh]

Personally I think he's going for the removal of Saturday delivery of letters.

The decision to downgrade the USO, or otherwise, will be made by Ofcom in 2020. Royal mail have said the regulator has begun the review of the Universal service. We will actively participate in it. We will continue to deliver the USO - and will be proud to do so - whatever the outcome.

[TrueBlueTerrier]

Regulatory Story

RNS Royal Mail PLC - RMG
Director/PDMR Shareholding
Released 15:39 18-Dec-2019


RNS Number : 3818X
Royal Mail PLC
18 December 2019

Royal Mail plc

(Incorporated in England and Wales)

Company Number: 8680755

LSE Share Code: RMG

ISIN: GB00BDVZYZ77

LEI: 213800TCZZU84G8Z2M70

18 December 2019

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility

Royal Mail plc (the "Company") received notification that on the 18 December 2019 the Director listed below traded in ordinary shares of one pence each in the capital of the Company as set out in the following table:

The below notification, made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation, provides further detail.

1 Details of the person discharging managerial responsibilities / person closely associated

a) Name: Rico Back

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: Royal Mail plc

b) LEI

213800TC22U84G8Z2M70

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 £0.01 each in Royal Mail plc

GB00BDVZYZ77

b) Nature of the transaction: Purchase of Shares

c) Price(s) and volume(s)

Price(s): £2.34

Volume(s): 300,000

Ordinary shares

d) Aggregated information

Aggregate Price: £2.34

Aggregate Volume: 300,000

Aggregate Total: £702,000

Ordinary shares GDP

e) Date of the transaction:18 December 2019

f) Place of the transaction: London Stock Exchange (XLON)

For more information, please contact:

Investor Relations

John Crosse

Phone: 020 7449 8183

Email: investorrelations@royalmail.com

Media Relations

Beth Longcroft

Phone: 07435 768 549

Email: beth.longcroft@royalmail.com

Royal Mail press office out of hours: 020 7449 8246

Company Secretary

Mark Amsden

Phone: 020 7449 8289

Email: cosec@royalmail.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit http://www.rns.com" onclick="window.open(this.href);return false;.

[UNION JACK]

Personally I think he's going for the removal of Saturday delivery of letters.

Offer up VR's for a majority of those staff and create separate parcels delivery only duties who will work later for the rest.

No compulsory redundancies.

Would this get staff on board with their plan???

Taking a day out would boost the share price. A week day would get trouble, a Saturday would be wise from a business point of view.

Oh i so hope so my name will be top of the list.