Director/PDMR Shareholding

RNS Number : 3839V

Standard Life plc

15 April 2016

 

Standard Life plc

('the Company')

Notification of Interests of Person Discharging Managerial Responsibilities (PDMRs)

Standard Life Long Term Incentive Plan (2013) ("Group LTIP")

On 25 March 2013, the Company granted options ("awards") in the form of nil cost options to the undernoted PDMR under the Standard Life Group Long Term Incentive Plan (2013) ("Group LTIP").  These awards vested, to the extent that the agreed operating profit performance condition was met, on 25 March 2016.  No consideration was payable on the vesting of these awards.

2014 Deferred Share Awards

On 28 March 2014, the Company granted share awards ("2014 Deferred Share awards") over existing ordinary shares in the Company to the undernoted PDMR.  The level of shares granted to each individual was equivalent to a proportion of his annual bonus for 2013.  These awards vested on 28 March 2016.  No consideration was payable on the vesting of these awards.

During the vesting periods for all of the above awards, the awards carried a right to receive dividend equivalents, to the extent that the awards vested.  The dividend equivalents were delivered as additional shares.

	Ranjit Singh
Group LTIP
Date of exercise	14/04/16
Date of notification	15/04/16
Shares vested	54,387
Shares sold to cover tax liability	25,626
Shares sold	25,626
Shares acquired	28,761
Sale price	£3.4720
2014 Deferred Share Awards
Date of exercise	14/04/16
Date of notification	15/04/16
Shares vested	24,869
Shares sold to cover tax liability	11,718
Shares sold	11,718
Shares acquired	13,151
Sale price	£3.4720
Total shares acquired via the above transactions	41,912
Percentage of share capital acquired via the above transactions	0.0021%

Following the above:

	Ranjit Singh
Total Shareholding (including Connected Persons)	41,912
Percentage of Share Capital	0.0021%

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

15 April 2016

Enquiries:

Group Secretariat Kenneth Gilmour

[phone]*

* Calls may be monitored and/or recorded to protect both you and us and help with our training. Call charges will vary.

 

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