Director/PDMR Shareholding

RNS Number : 7146H

Standard Life plc

21 May 2014

 



Standard Life plc

 ('the Company')

Notification of Interests of Executive Directors and Other Persons Discharging Managerial Responsibility ('PDMRs')

On 20 May 2014, the Company granted to each of the individuals noted below awards under the following plan:

Group Long Term Incentive Plan (LTIP) - Awards in the form of nil-cost options ('2014 Group LTIP Awards') to acquire ordinary shares in the capital of the Company, subject to the rules of the Standard Life plc Executive Long Term Incentive Plan and pre-vesting performance conditions as defined in the deed of grant and summarised in the Directors' Remuneration Report in the Annual Report and Accounts 2013.

The Awards will normally vest on 20 May 2019, but only to the extent that the performance conditions have been met.  Once vested, an Award may be exercised in the 6 months thereafter.

No consideration is payable on the grant or vesting of any of the above Awards.  During the vesting periods, the above awards carry a right to receive dividend equivalents, to the extent that the awards vest.  Further information on the LTIP is available in the Directors' Remuneration Report in the Annual Report and Accounts 2013.

The table below also includes the total of outstanding shares awarded to each individual previously granted under the 2011, 2012 and 2013 Group LTIP, the 2012, 2013 and 2014 Deferred Share awards under the 2011, 2012 and 2013 Short Term Incentive Plans, the 2013 and 2014 SLI LTIP, any unvested Restricted Stock Plan (RSP) awards and awards under the Sharesave Plans.

	Number of Shares awarded under the  LTIP	Total number of outstanding Shares awarded under LTIPs, RSPs, Deferred Share and Sharesave
Executive Directors
David Thomas Nish	416,645	1,794,856
Norman Keith Skeoch	231,469	1,706,141
Other PDMRs
Alexander Hugh McCormack Begbie	123,450	676,050
Charles Guay	86,603	461,281
Paul Stephen Matthews	169,744	638,865
Ranjit Singh	130,137	311,196

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

21 May 2014

Enquiries:

Kenneth Gilmour, Group Secretariat  0131 245 0751 / 07734 974 073

Lorraine Rees, Investor Relations  0207 872 4124 / 07738 300 878

Barry Cameron, Media Relations  0131 245 6165 / 07712 486 463

Steven Hartley, Media Relations  0131 245 1365 / 07702 934 651

 

END

 

 

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