Director/PDMR Shareholding

RNS Number : 9011I

Standard Life plc

30 March 2015

Standard Life plc

('the Company')

Notification of Interests of Executive Directors and Other Persons Discharging Managerial Responsibility ('PDMRs')

On 27 and 30 March 2015 the Company granted to each of the individuals noted below awards under the following plans:

· 2015 Group Long Term Incentive Plan (LTIP) - Awards in the form of nil-cost options ('2015 Group LTIP Awards') to acquire ordinary shares in the capital of the Company, subject to the rules of the Standard Life Long Term Incentive Plan and a pre-vesting operating profit performance condition as defined in the deed of grant and summarised in the Directors' Remuneration Report in the Annual Report and Accounts 2014.

The Awards will normally vest on 27 March 2020, but only to the extent that the performance condition has been met. Once vested, an Award may be exercised in the 6 months thereafter.

· 2015 Standard Life Investments Long Term Incentive Plan (SLI LTIP) - Awards in the form of nil-cost options ('2015 Standard Life Investments LTIP Awards') to acquire ordinary shares in the capital of the Company, subject to the rules of the Standard Life Investments Standard Life Long Term Incentive Plan.

The Awards will normally vest on 30 March 2018, conditional on continued employment and the performance condition defined by reference to the third party earnings before interest, tax, depreciation and amortisation generated by Standard Life Investments in 2015, 2016 and 2017 as defined in the Directors' Remuneration Report in the Annual Report and Accounts 2014. Once vested, an Award may be exercised in the 6 months thereafter.

On 27 March 2015, the Company granted to each of the individuals noted below awards under the following plans:

· 2014 Short Term Incentive Plan - 2015 Deferred Share Award - Awards in the form of nil-cost options ('2015 Deferred Share Awards') over existing ordinary shares in the Company. The level of shares granted to each individual was equivalent to a proportion of his or her annual bonus for 2014.

These Awards will normally vest on 27 March 2017 conditional on continued employment and subject to the rules of the 2014 Short Term Incentive Plan. Once vested, an Award may be exercised in the 6 months thereafter.

No consideration is payable on the grant or vesting of all of the above Awards. During the vesting periods, all of the above awards carry a right to receive dividend equivalents, to the extent that the awards vest. Further information on each of these Plans is available in Directors' Remuneration Report in the Annual Report and Accounts 2014.

The table below also includes the total of outstanding shares awarded to each individual previously granted under the 2012, 2013 and 2014 Group LTIP, the 2013 and 2014 Deferred Share awards under the 2012 and 2013 Short Term Incentive Plans, 2012, 2013 and 2014 SLI LTIP, any unvested Restricted Stock Plan (RSP) awards and awards under the Sharesave Plans.

	Number of Shares awarded under 2015 Group LTIP	Number of Shares awarded under 2015 Standard Life Investments LTIP	Number of Shares awarded under 2014 Deferred Share Award	Total number of outstanding Shares awarded under LTIPs, RSPs, Deferred Share and Sharesave
Executive Directors
David Thomas Nish	347,034		140,063	2,281,953
Norman Keith Skeoch	207,805	208,637	17,825	2,140,408
Luke Savage	155,853		30,076	375,374
Other PDMRs
Alexander Hugh McCormack Begbie	115,581		33,940	643,372
Paul Stephen Matthews	149,619		46,540	829,309
Ranjit Singh	118,149		36,809	466,154