Director/PDMR Shareholding

RNS Number : 2560U

Standard Life plc

05 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.

	Alexander Hugh McCormack Begbie
Group LTIP
Date of exercise	04/04/16
Date of notification	05/04/16
Shares vested	58,045
Shares sold to cover tax liability	0
Shares sold	58,045
Shares acquired	0
Sale price	£3.4900
2014 Deferred Share Awards
Date of exercise	04/04/16
Date of notification	05/04/16
Shares vested	33,272
Shares sold to cover tax liability	15,678
Shares sold	-
Shares acquired	17,594
Sale price	£3.4900
Total shares acquired via the above transactions	17,594
Percentage of share capital acquired via the above transactions	0.00089%

Following the above:

	Alexander Hugh McCormack Begbie
Total Shareholding (including Connected Persons)	113,638
Percentage of Share Capital	0.0057%

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

5 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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