Standard Life plc
('the Company')
Notification of Interest of a Person Discharging Managerial Responsibilities ('PDMR')
PDMR participation in long-term incentive plan
On 17 March 2010, Christian Roy Torkington, Group Information & Operations Director, was granted a long-term incentive award as part of his recruitment terms. This award entitles him to acquire a maximum of 46,961 ordinary shares in the Company. No payment was made for the grant of the award and no payment will be required if the award vests because, in keeping with the Company's long-term incentive plan ('LTIP'), it has been structured as nil-cost share options.
The award will normally vest as follows
Maximum number of shares |
Normal vesting date |
46,961 |
16 March 2013 |
and is subject to continued employment.
This notice is given in fulfilment of obligations under DTR 3.1.4 (R).
19 March 2010
Enquiries:
Barry Cameron, Media Relations, 0131 245 6165
Gordon Aitken, Investor Relations, 0131 245 6799
Julie Durie, Group Secretariat, 0131 245 6772
END