Director/PDMR Shareholding

RNS Number : 8341I
Standard Life plc
18 March 2010
 



Standard Life plc

 

 

 

Notification of Interests of an Executive Director and other Persons Discharging Managerial Responsibilities ('PDMRs')

 

As announced on 2 May 2007, the Company granted awards in the form of nil-cost options ("awards") under the Standard Life Long Term Incentive Plan.  The awards vested on 17 March 2010, and the following executive director and other PDMRs have exercised their vested awards as below:

 


David Thomas Nish

Nathan Richard Parnaby

Date of Exercise

18/03/10

18/03/10

Date of Notification

18/03/10

18/03/10

Shares Vested

74,917

28,963

Shares Sold to Cover Tax Liability

0

11,905

Sale Price

n/a

£2.0862

Shares Acquired

74,917

17,058

Percentage of Issued Shares Acquired

0.0033%

0.0007%

Total Holding Following Exercise, including Connected Persons

336,898

175,174

Percentage of Issued Shares after Acquisition

0.0150%

0.0078%

 

As announced on 1 December 2008, Michael John Conway was granted a long-term incentive award as part of his recruitment terms when he joined Standard Life.  This award was structured as nil-cost share options.  Part of this award vested on 17 March 2010 and Mr Conway has exercised the vested award as below:

 


Michael John Conway

Date of Exercise

18/03/10

Date of Notification

18/03/10

Shares Vested

48,801

Shares Sold to Cover Tax Liability

20,059

Sale Price

£2.0915

Shares Acquired

28,742

Percentage of Issued Shares Acquired

0.0013%

Total Holding Following Exercise

57,483

Percentage of Issued Shares after Acquisition

0.0026%

 

 

This notice is given in fulfilment of obligations under DTR 3.1.4 (R).

 

 

18 March 2010

 

 

Enquiries:

 

Barry Cameron, Media Relations, 0131 245 6165

Gordon Aitken, Investor Relations, 0131 245 6799

Kenneth Gilmour, Group Secretariat, 0131 245 0751

 

 

 

 

END

 

 


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