TIDMSL.

RNS Number : 2202J

Standard Life plc

01 April 2015

Standard Life plc

('the Company')

Notification of Interests of Persons Discharging Managerial Responsibilities (PDMRs)

Standard Life Long Term Incentive Plan (2012) ("Group LTIP")

On 29 March 2012, the Company granted options ("awards") in the form of nil cost options to the undernoted PDMRs under the Standard Life Group Long Term Incentive Plan (2012) ("Group LTIP"). These awards vested, to the extent that the agreed operating profit performance condition was met, on 29 March 2015. No consideration was payable on the vesting of these awards.

Standard Life Investments Long Term Incentive Plan (2012) ("SLI LTIP")

On 29 March 2012, the Company granted options ("awards") in the form of nil cost options to Norman Keith Skeoch under the Standard Life Investments Long Term Incentive Plan ("SLI LTIP"). These awards vested, to the extent that the agreed SLI performance condition was met, on 29 March 2015. No consideration was payable on the vesting of these awards.

2013 Deferred Share Awards

On 28 March 2013, the Company granted share awards ("2013 Deferred Share awards") over existing ordinary shares in the Company to the undernoted PDMRs. The level of shares granted to each individual was equivalent to a proportion of his annual bonus for 2012. These awards vested on 28 March 2015. 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.

 
                            David Thomas   Norman Keith   Paul Stephen 
                                Nish          Skeoch        Matthews 
        Group LTIP 
                           -------------  -------------  ------------- 
 Date of exercise             31/03/15       30/03/15       30/03/15 
                           -------------  -------------  ------------- 
 Date of notification         31/03/15       31/03/15       31/03/15 
                           -------------  -------------  ------------- 
 Shares vested                763,719        418,811        251,286 
                           -------------  -------------  ------------- 
 Shares sold to 
  cover tax liability         359,848        197,335           - 
                           -------------  -------------  ------------- 
 Shares sold                     -              -           251,286 
                           -------------  -------------  ------------- 
 Shares acquired              403,871        221,476           0 
                           -------------  -------------  ------------- 
 Sale price                  GBP4.7589      GBP4.8080      GBP4.8073 
                           -------------  -------------  ------------- 
         SLI LTIP 
                           -------------  -------------  ------------- 
 Date of exercise               n/a          30/03/15         n/a 
                           -------------  -------------  ------------- 
 Date of notification                        31/03/15 
                           -------------  -------------  ------------- 
 Shares vested                               349,914 
                           -------------  -------------  ------------- 
 Shares sold to 
  cover tax liability                        164,872 
                           -------------  -------------  ------------- 
 Shares acquired                             185,042 
                           -------------  -------------  ------------- 
 Sale price                                 GBP4.8080 
                           -------------  -------------  ------------- 
      2013 Deferred 
       Share Awards 
                           -------------  -------------  ------------- 
 Date of exercise             31/03/15       30/03/15       30/03/15 
                           -------------  -------------  ------------- 
 Date of notification         31/03/15       31/03/15       31/03/15 
                           -------------  -------------  ------------- 
 Shares vested                171,345         21,069         62,558 
                           -------------  -------------  ------------- 
 Shares sold to 
  cover tax liability          80,734         9,928 
                           -------------  -------------  ------------- 
 Shares sold                     -              -            62,558 
                           -------------  -------------  ------------- 
 Shares acquired               90,611         11,141           0 
                           -------------  -------------  ------------- 
 Sale price                  GBP4.7589      GBP4.8080      GBP4.8073 
                           -------------  -------------  ------------- 
 Total shares 
  acquired via 
  the above transactions      494,482        417,659           0 
                           -------------  -------------  ------------- 
 Percentage of 
  share capital 
  acquired via 
  the above transactions      0.0251%        0.0212%           0 
                           -------------  -------------  ------------- 
 

Following the above:

 
                          David Thomas    Norman     Paul Stephen 
                              Nish         Keith       Matthews 
                                           Skeoch 
   Total Shareholding 
  (including Connected 
        Persons)           2,345,568     1,979,557     174,371 
                         -------------  ----------  ------------- 
     Percentage of 
      Share Capital         0.1191%       0.1005%      0.0089% 
                         -------------  ----------  ------------- 
 

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

1 April 2015

Enquiries:

 
 Group Secretariat 
  Paul McKenna          +44 (0) 131 245 1168* 
 

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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