TIDMADN

RNS Number : 8671Q

Aberdeen Asset Management PLC

02 December 2016

ABERDEEN ASSET MANAGEMENT PLC

Aberdeen Asset Management PLC ("the Company") announces the following information in relation to the executive directors' shareholdings, awarded as a significant proportion of annual remuneration.

Martin Gilbert

As part of the 2016 variable pay awards, Mr Gilbert has been granted an award over 618,680 ordinary shares in the Company, exercisable in five equal tranches over the following five years. This award, calculated at a price of 277.0p per share, was recommended by the Remuneration Committee and confirmed on 1 December 2016. As a consequence, Mr Gilbert's aggregate conditional interest in the Company's shares is 1,901,652 (0.14%), which will vest over the period to December 2021.

Following these transactions, Mr Gilbert holds a total of 183,865 ordinary shares, representing 0.01% of the Company's issued share capital. He also has an unconditional entitlement to a further 1,255,692 ordinary shares in respect of awards made as part of the Company's variable pay awards in 2012, 2013, 2014 and 2015 which have reached their earliest vesting dates. Mr Gilbert's aggregate unconditional interest in the Company's shares is therefore 1,439,557 shares (0.11%).

Mr Gilbert's aggregate conditional and unconditional shares total 3,341,209 ordinary shares.

Andrew Laing

As part of the 2016 variable pay awards, Mr Laing has been granted an award over 121,840 ordinary shares in the Company, exercisable in five equal tranches over the following five years. This award, calculated at a price of 277.0p per share, was recommended by the Remuneration Committee and confirmed on 1 December 2016. As a consequence, Mr Laing's aggregate conditional interest in the Company's shares is 368,105 (0.03%), which will vest over the period to December 2021.

Following these transactions, Mr Laing holds a total of 42,680 ordinary shares in the Company, representing 0.003% of the Company's issued share capital. He also has an unconditional entitlement to a further 453,162 ordinary shares in respect of awards made as part of the Company's variable pay awards in 2009, 2010, 2011, 2012, 2013, 2014 and 2015 which have reached their earliest vesting dates. Mr Laing's aggregate unconditional interest in the Company's shares is therefore 495,842 shares (0.04%).

Mr Laing's aggregate conditional and unconditional shares total 863,947 ordinary shares.

Rod MacRae

As part of the 2016 variable pay awards, Mr MacRae has been granted an award over 93,410 ordinary shares in the Company, exercisable in five equal tranches over the following five years. This award, calculated at a price of 277.0p per share, was recommended by the Remuneration Committee and confirmed on 1 December 2016. As a consequence, Mr MacRae's aggregate conditional interest in the Company's shares is 280,828 (0.02%), which will vest over the period to December 2021.

Mr MacRae holds a total of 32,028 ordinary shares in the Company, representing 0.002% of the Company's issued share capital. He also has an unconditional entitlement to a further 459,024 ordinary shares in respect of awards made as part of the Company's variable pay awards in 2010, 2011, 2012, 2013, 2014 and 2015 which have reached their earliest vesting dates. Mr MacRae's aggregate unconditional interest in the Company's shares is therefore 491,052 shares (0.04%).

Mr MacRae's aggregate conditional and unconditional shares total 771,880 ordinary shares.

Bill Rattray

As part of the 2016 variable pay awards, Mr Rattray has been granted an award over 121,840 ordinary shares in the Company, exercisable in five equal tranches over the following five years. This award, calculated at a price of 277.0p per share, was recommended by the Remuneration Committee and confirmed on 1 December 2016. As a consequence, Mr Rattray's aggregate conditional interest in the Company's shares is 367,144 (0.03%), which will vest over the period to December 2021.

Following these transaction, Mr Rattray holds a total of 2,298,792 ordinary shares in the Company, representing 0.17% of the Company's issued share capital. He also has an unconditional entitlement to a further 632,849 ordinary shares in respect of awards made as part of the Company's variable pay awards in 2011, 2012, 2013, 2014 and 2015 which have reached their earliest vesting dates. Mr Rattray's aggregate unconditional interest in the Company's shares is therefore 2,931,641 shares (0.22%).

Mr Rattray's aggregate conditional and unconditional shares total 3,298,785 ordinary shares.

Hugh Young

As part of the 2016 variable pay awards, Mr Young has been granted an award over 552,345 ordinary shares in the Company, exercisable in five equal tranches over the following five years. This award, calculated at a price of 277.0p per share, was recommended by the Remuneration Committee and confirmed on 1 December 2016. As a consequence, Mr Young's aggregate conditional interest in the Company's shares is 1,734,437 (0.13%), which will vest over the period to December 2021.

Following these transactions, Mr Young holds 450,000 ordinary shares in the Company, representing 0.03% of the Company's issued share capital. He also has an unconditional entitlement to a further 686,186 ordinary shares in respect of awards made as part of the Company's variable pay awards in 2012, 2013, 2014 and 2015 which have reached their earliest vesting dates. Mr Young's aggregate unconditional interest in the Company's shares is therefore 1,136,186 shares (0.86%).

Mr Young's aggregate conditional and unconditional shares total 2,870,623 ordinary shares.

Following these transactions, all executive directors satisfy the Group's requirement that they hold an unconditional interest in the Company's shares of 300% of their annual salary.

END

For further information, please contact:

 
 Maitland        020 7379 5151 
 Neil Bennett 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 02, 2016 10:39 ET (15:39 GMT)

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