Director/PDMR Shareholding

RNS Number : 8891I
Standard Life plc
19 March 2010
 



Standard Life plc

('the Company')

 

 

Notification of Interest of a Person Discharging Managerial Responsibilities ('PDMR')

 

PDMR participation in long-term incentive plan

On 17 March 2010, Christian Roy Torkington, Group Information & Operations Director, was granted a long-term incentive award as part of his recruitment terms.  This award entitles him to acquire a maximum of 46,961 ordinary shares in the Company.  No payment was made for the grant of the award and no payment will be required if the award vests because, in keeping with the Company's long-term incentive plan ('LTIP'), it has been structured as nil-cost share options.

 

The award will normally vest as follows

 

Maximum number of shares

Normal vesting date

46,961

16 March 2013

 

and is subject to continued employment.

 

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

 

 

19 March 2010

 

 

Enquiries:

 

Barry Cameron, Media Relations, 0131 245 6165

Gordon Aitken, Investor Relations, 0131 245 6799

Julie Durie, Group Secretariat, 0131 245 6772

 

 

 

 

END

 


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