As filed with the Securities and Exchange Commission on June 25, 2009

Registration No. 333-153673

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

POST EFFECTIVE AMENDMENT NO. 1

TO

 

FORM S-8

 

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

 

 

THE ROYAL BANK OF SCOTLAND GROUP plc

 

 

RBS Gogarburn

PO Box 1000

Edinburgh EH12 1HQ

United Kingdom

(Address of Principal Executive Offices)

 

The Royal Bank of Scotland Group plc 2007 Executive Share Option Plan
The Royal Bank of Scotland Group plc Restricted Share Plan
(Full Title of the Plan)

 

Citizens Financial Group
One Citizens Plaza
Providence, RI 02903

(Name and Address of Agent for Service)

 

(401) 456-7000

(Telephone Number, Including Area Code, of Agent for Service)

 

Copies of Communications to:

 

Thomas B. Shropshire, Jr.

Linklaters LLP

One Silk Street

London, EC2Y 8HQ, United Kingdom
011 44 20 7456 2000

 

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

 

 

CALCULATION OF REGISTRATION FEE

 

Title of Securities to Be Registered		Amount to Be Registered (1)		Proposed Maximum Offering Price per Share			Proposed Maximum Aggregate Offering Price			Amount of Registration Fee
Ordinary Shares of 25 pence each to be issued under the 2007 Executive Share Option Plan		103,592,274		$	0.466	(2)	$	48,273,999.68	(2)	$	2,693.69

(1)              Pursuant to Rule 416(a) under the Securities Act of 1933 (the “Securities Act”), this Registration Statement shall also cover any additional ordinary shares of the Registrant that may become issuable under its 2007 Executive Share Option Plan or its Restricted Share Plan as a result of any stock split, stock dividend or similar transaction.

 

(2)           Stated for the purpose of calculating the amount of the registration fee pursuant to Rule 457(c) and Rule 457(h)(1) under the Securities Act of 1933, as amended. Such price has been computed based on the offering price of the option for ordinary shares of The Royal Bank of Scotland Group plc converted at the currency exchange ratio of £1.00:$1.6518 on June 19, 2009.

 

 

 

PART II

 

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

 

This Post-Effective Amendment No. 1 to the Registration Statement on Form S-8 filed with the Securities and Exchange Commission on September 25, 2008 (Registration Statement No. 333-153673) (the “Registration Statement”) is being filed to register an additional 103,592,274 ordinary shares of The Royal Bank of Scotland Group plc (the “Registrant”) in connection with its 2007 Executive Share Option Plan (the “2007 ESOP”).

 

In addition, the Registrant has amended the 2007 ESOP, and is filing such amended 2007 ESOP herewith.

 

The contents of the Registration Statement are otherwise incorporated by reference into this Post-Effective Amendment No. 1 to the Registration Statement, except as described herein. Required opinions, consents and signatures are included in this amendment.

 

ITEM 6.     INDEMNIFICATION OF DIRECTORS AND OFFICERS.

 

Section 727 of the United Kingdom Companies Act 1985 has been replaced by Section 1157 of the United Kingdom Companies Act 2006.

 

“(1)      If in proceedings for negligence, default, breach of duty or breach of trust against —

 

(a)     an officer of a company, or

 

(b)     a person employed by a company as auditor (whether he is or is not an officer of the company),

 

it appears to the court hearing the case that the officer or person is or may be liable but that he acted honestly and reasonably, and that having regard to all the circumstances of the case (including those connected with his appointment) he ought fairly to be excused, the court may relieve him, either wholly or in part, from his liability on such terms as it thinks fit.

 

(2)        If any such officer or person has reason to apprehend that a claim will or might be made against him in respect of negligence, default, breach of duty or breach of trust—

 

(a)     he may apply to the court for relief, and

 

(b)     the court has the same power to relieve him as it would have had if it had been a court before which proceedings against him for negligence, default, breach of duty or breach of trust had been brought.

 

(3)        Where a case to which subsection (1) applies is being tried by a judge with a jury, the judge, after hearing the evidence, may, if he is satisfied that the defendant (in Scotland, the defender) ought in pursuance of that subsection to be relieved either in whole or in part from the liability sought to be enforced against him, withdraw the case from the jury and forthwith direct judgment to be entered for the defendant (in Scotland, grant decree of absolvitor) on such terms as to costs (in Scotland, expenses) or otherwise as the judge may think proper.”

 

ITEM 8.     EXHIBITS.

 

4.        Memorandum and Articles of Association of The Royal Bank of Scotland Group plc.

 

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5.        Opinion of Dundas & Wilson CS LLP, counsel to Registrant, as to the legality of the securities being registered.

 

23.      Consent of Deloitte & Touche LLP.

 

24.      Power of Attorney.*

 

99.1    The Royal Bank of Scotland Group plc 2007 Executive Share Option Plan.

 

99.2    The Royal Bank of Scotland Group plc Restricted Share Plan.**

 

* Previously included on the signature page of the Registration Statement.

 

** Previously filed as an exhibit to the Registration Statement (and incorporated by reference in this Post-Effective Amendment No. 1 to the Registration Statement).

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Post-Effective Amendment No. 1 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Edinburgh, Scotland, on June 24, 2009.

 

	THE ROYAL BANK OF SCOTLAND GROUP PLC
	By:	/s/ Miller McLean
	Name:	Miller McLean
	Title:	Group General Counsel and Group Secretary

 

Pursuant to the requirements of the Securities Act, this registration statement has been signed by the following persons in the following capacities as of the date indicated above.

 

Name		Title
		Chairman
Philip Hampton
/s/ Stephen Hester		Director and  Group Chief Executive (Principal Executive Officer)
Stephen Hester
/s/ Gordon Pell		Director and Deputy Chief Executive
Gordon Pell
/s/ Guy Whittaker		Director and Group Finance Director (Principal Financial and Accounting Officer)
Guy Whittaker
/s/ Colin Alexander Mason Buchan		Director
Colin Alexander Mason Buchan
		Director
Sir Sandy Crombie
/s/ Archibald Sinclair Hunter		Director
Archibald Sinclair Hunter

 

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Name		Title
/s/ Joseph Patrick MacHale		Director
Joseph Patrick MacHale
/s/ John McFarlane		Director
John McFarlane
/s/ Arthur Ryan		Director
Arthur Ryan
/s/ Donald J. Barry, Jr.		Authorized U.S. Representative
Donald J. Barry, Jr.

 

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