Director/PDMR Shareholding

RNS Number : 4963E

Schroders PLC

10 May 2013

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

1.   Name of the issuer	Schroders plc
2.   State the reason for responsibility to notify	DTR 3.1.4 R
3.   Name of person discharging managerial responsibilities/director to whom this disclosure relates	Massimo Tosato
4.   State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person	The notification is in respect of 3 above
5.   Description of shares (including class), debentures or derivatives or financial instruments relating to shares	Equity Compensation Plan awards over Ordinary shares, Ordinary shares and Non-voting ordinary shares
6.   State the nature of the transaction	(i)   Exercise of awards made under the Equity Compensation Plan.  All the awards were cash settled in accordance with the Plan rules. (ii)  Sale of Ordinary and Non-voting ordinary shares held personally.
7.   State the volume of the transaction	(i)   Awards over 110,362 Ordinary shares at £24.15 each (ii)  121,470 Ordinary shares at £24.396086 and 30,593 Non-voting ordinary shares at £19.12
8.   Price per share	As above
9.   Date and place of transaction	(i)   Exercise of Awards - 9 May 2013 in Bermuda (ii)  Sales - 10 May 2013 in London
10.  Date issuer informed of transaction	(i)   Exercise of Awards - 9 May 2013 (ii)  Sales - 10 May 2013
11.  Name of contact and telephone number for queries	Matthew Whyte Deputy Company Secretary Schroders plc 020 7658 5807

 

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