Director/PDMR Shareholding

RNS Number : 7548I

Standard Life plc

17 March 2010

 



Standard Life plc

('the Company')

Notification of Interests of Persons Discharging Managerial Responsibilities ('PDMRs')

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 entitles her to acquire a maximum of 76,172 ordinary shares in the company.

Part of this award vested on 15 March 2010 and Ms Hunt, who is now a PDMR, has exercised the vested award as below:

Date of Exercise	16/03/10
Date of Notification	16/03/10
Shares Vested	22,556
Shares Sold to Cover Tax Liability	9,272
Sale Price	214.3p
Shares Acquired	13,284
Total Holding Following Exercise	13,284
Percentage of Share Capital	0.0006%

The remaining part of the long-term incentive award granted to Ms Hunt under her recruitment terms will normally vest on 15 March 2011 and is subject to continued employment.

Ms Hunt was also granted an award in the form of nil-cost share options over 152,695 shares under the Company's Long Term Incentive Plan on 20 April 2009.  This award will normally vest on 20 April 2012, but only to the extent that certain performance criteria based on return on capital and total shareholder return are satisfied by the Company over a three-year performance period which commenced on 1 January 2009.

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

17 March 2010

Enquiries:

Barry Cameron, Media Relations, 0131 245 6165

Gordon Aitken, Investor Relations, 0131 245 6799

Julie Durie, Group Secretariat, 0131 245 6772

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