Director/PDMR Shareholding

RNS Number : 8916J
Standard Chartered PLC
22 December 2015
 



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

 

This form is intended for use by an issuer to make a Regulatory Information Service notification required by the UK Financial Conduct Authority's Disclose and Transparency Rule 3.1.4R(1).

 

1. Name of the issuer

 

Standard Chartered PLC

 

2. State whether the notification relates to:

(i) a transaction notified in accordance with the UK Disclosure and Transparency Rule 3.1.2R;

(ii) a disclosure made in accordance with section 793 of the UK Companies Act (2006); or

(iii) in accordance with paragraph 26 of the Model Code of the UK Listing Rules.

 

This notification relates to a transaction notified in accordance with the UK Disclosure and Transparency Rule 3.1.2R

 

3. Name of person discharging managerial responsibilities/director

 

Sir John Peace

 

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 

N/A

 

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

 

This notification is made in respect of holdings of the person referred to in 3. above.

 

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

Ordinary shares of US$0.50 each fully paid

 

7. Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

 

Sir John Peace - shares held through BBHISL Nominees Limited

 

8. State the nature of the transaction

 

Exercise of Restricted Share Awards (RSA).

 

During the period from 2009 until 2013, part of Sir John Peace's annual fixed base fee was delivered through an allocation of restricted share awards.

 

Sir John has exercised part of his awards granted in December 2012 and 2013, which have just vested.  He has sold a portion of the resulting shares to cover tax and dealing charges, and retained the balance.  See clause 20 below.



9. Number of shares, debentures or financial instruments relating to shares acquired

See clause 20 below.

 

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

See clause 20 below.

 

11. Number of shares, debentures or financial instruments relating to shares disposed

 

See clause 20 below.

 

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

 

See clause 20 below.

 

13. Price per share or value of transaction

 

See clause 20 below.

 

14. Date and place of transaction

 

21 December 2015 - London

 

 

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

 

Name

No. of shares

 

 

% of ISC

Sir John Peace

246,681

0.008%

 

 

16. Date issuer informed of transaction

 

21 December 2015

 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

 

17. Date of grant

 

N/A

 

18. Period during which or date on which exercisable

 

N/A

19. Total amount paid (if any) for grant of the option

N/A

20. Description of shares or debentures involved (class and number)

Ordinary shares of US$0.50 each fully paid

 

Award

Number of shares under option exercised

Number of shares retained

% of issued share capital

Number of shares sold

% of issued share capital

 

 

 

Price per share sold

Dec-12 RSA

8,290

4,363

0.0001%

3,927

0.0001%

£5.60

Dec-13 RSA

10,055

5,319

0.0002%

4,736

0.0001%

£5.59

 

 

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

 

N/A

 

22. Total number of shares or debentures over which options held following notification

 

Name

No. of shares

Sir John Peace

17,351

 

 

23. Any additional information

 

NONE

 

24. Name of contact and telephone number for queries

 

Lee Davis, Assistant Group Secretary, 020 7885 7456

 

 

Name of authorised official of issuer responsible for making notification

 

Michelle Amey, Deputy Group Secretary

 

 

Date of notification

 

22 December 2015

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSLLLFLELFZFBV
UK 100

Latest directors dealings