TIDMSL.

RNS Number : 4837J

Standard Life plc

07 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 PDMR 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.

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 PDMR. The level of shares granted to the 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 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.

 
                                Hugh Alexander McCormack 
                                         Begbie 
-----------------------------  ------------------------- 
 Group LTIP 
-----------------------------  ------------------------- 
 Date of exercise                       02/04/15 
-----------------------------  ------------------------- 
 Date of notification                   02/04/15 
-----------------------------  ------------------------- 
 Shares vested                          195,116 
-----------------------------  ------------------------- 
 Shares sold                            195,116 
-----------------------------  ------------------------- 
 Shares acquired                           0 
-----------------------------  ------------------------- 
 Sale price                            GBP4.7985 
-----------------------------  ------------------------- 
 2013 Deferred Share Awards 
-----------------------------  ------------------------- 
 Date of exercise                       02/04/15 
-----------------------------  ------------------------- 
 Date of notification                   02/04/15 
-----------------------------  ------------------------- 
 Shares vested                           50,045 
-----------------------------  ------------------------- 
 Shares sold to cover 
  tax liability                          23,581 
-----------------------------  ------------------------- 
 Shares acquired                         26,464 
-----------------------------  ------------------------- 
 Sale price                            GBP4.7950 
-----------------------------  ------------------------- 
 Total shares acquired 
  via the above transactions             26,464 
-----------------------------  ------------------------- 
 Percentage of share capital 
  acquired via the above 
  transactions                                0.0013% 
-----------------------------  ------------------------- 
 

Following the above:

 
                           Hugh Alexander 
                           McCormack Begbie 
-----------------------  ------------------ 
   Total Shareholding 
  (including Connected 
        Persons)               95,499 
-----------------------  ------------------ 
     Percentage of 
      Share Capital            0.0049% 
-----------------------  ------------------ 
 

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

7 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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