Standard Life plc Director/PDMR Shareholding (3839V)
April 15 2016 - 8:51AM
UK Regulatory
TIDMSL.
RNS Number : 3839V
Standard Life plc
15 April 2016
Standard Life plc
('the Company')
Notification of Interests of Person Discharging Managerial
Responsibilities (PDMRs)
Standard Life Long Term Incentive Plan (2013) ("Group LTIP")
On 25 March 2013, 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 (2013) ("Group LTIP"). These
awards vested, to the extent that the agreed operating profit
performance condition was met, on 25 March 2016. No consideration
was payable on the vesting of these awards.
2014 Deferred Share Awards
On 28 March 2014, the Company granted share awards ("2014
Deferred Share awards") over existing ordinary shares in the
Company to the undernoted PDMR. The level of shares granted to each
individual was equivalent to a proportion of his annual bonus for
2013. These awards vested on 28 March 2016. 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.
Ranjit Singh
------------------------- -------------
Group LTIP
------------------------- -------------
Date of exercise 14/04/16
------------------------- -------------
Date of notification 15/04/16
------------------------- -------------
Shares vested 54,387
------------------------- -------------
Shares sold
to cover tax
liability 25,626
------------------------- -------------
Shares sold 25,626
------------------------- -------------
Shares acquired 28,761
------------------------- -------------
Sale price GBP3.4720
------------------------- -------------
2014 Deferred
Share Awards
------------------------- -------------
Date of exercise 14/04/16
------------------------- -------------
Date of notification 15/04/16
------------------------- -------------
Shares vested 24,869
------------------------- -------------
Shares sold
to cover tax
liability 11,718
------------------------- -------------
Shares sold 11,718
------------------------- -------------
Shares acquired 13,151
------------------------- -------------
Sale price GBP3.4720
------------------------- -------------
Total shares
acquired via
the above transactions 41,912
------------------------- -------------
Percentage of
share capital
acquired via
the above transactions 0.0021%
------------------------- -------------
Following the above:
Ranjit Singh
----------------------- -------------
Total Shareholding
(including Connected
Persons) 41,912
----------------------- -------------
Percentage of
Share Capital 0.0021%
----------------------- -------------
This notice is given in fulfilment of obligations under DTR
3.1.4 (R).
15 April 2016
Enquiries:
Group Secretariat +44 (0) 131 245
Kenneth Gilmour 0751*
* 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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