Standard Life plc Director/PDMR Shareholding (4837J)
April 07 2015 - 6:31AM
UK Regulatory
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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