Director/PDMR Shareholding
Standard Life plc
('the Company')
Notification of Interests of Person Discharging Managerial Responsibilities ('PDMR')
Jacqueline Hunt was granted a long-term incentive award as part of her recruitment terms when she joined Standard Life. In keeping with the Company's Long Term Incentive Plan, this award was structured as nil-cost share options and entitled her to acquire a maximum of 76,172 ordinary shares in the company.
The second and final part of this award vested on 15 March 2011 and Ms Hunt has exercised the vested award as below:
|
Date of Exercise |
15/03/11 |
|
Date of Notification |
16/03/11 |
|
Shares Vested |
53,616 |
|
Shares Sold to Cover Tax Liability |
27,413 |
|
Sale Price |
£2.105 |
|
Shares Acquired |
26,203 |
|
Total Holding Following Exercise |
39,487 |
|
Percentage of Share Capital |
0.0017% |
This notice is given in fulfilment of obligations under DTR 3.1.4 (R).
16 March 2011
Enquiries:
Barry Cameron, Media Relations, 0131 245 6165
Duncan Heath, Investor Relations, 0131 245 4742
Kenneth Gilmour, Group Secretariat, 0131 245 0751
END
This information is provided by RNS