Director/PDMR Shareholding

RNS Number : 2202J

Standard Life plc

01 April 2015

 



Standard Life plc

('the Company')

Notification of Interests of Persons Discharging Managerial Responsibilities (PDMRs)

Standard Life Long Term Incentive Plan (2012) ("Group LTIP")

On 29 March 2012, the Company granted options ("awards") in the form of nil cost options to the undernoted PDMRs under the Standard Life Group Long Term Incentive Plan (2012) ("Group LTIP").  These awards vested, to the extent that the agreed operating profit performance condition was met, on 29 March 2015.  No consideration was payable on the vesting of these awards.

Standard Life Investments Long Term Incentive Plan (2012) ("SLI LTIP")

On 29 March 2012, the Company granted options ("awards") in the form of nil cost options to Norman Keith Skeoch under the Standard Life Investments Long Term Incentive Plan ("SLI LTIP").  These awards vested, to the extent that the agreed SLI performance condition was met, on 29 March 2015.  No consideration was payable on the vesting of these awards.

2013 Deferred Share Awards

On 28 March 2013, the Company granted share awards ("2013 Deferred Share awards") over existing ordinary shares in the Company to the undernoted PDMRs.  The level of shares granted to each individual was equivalent to a proportion of his annual bonus for 2012.  These awards vested on 28 March 2015.  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.

	David Thomas Nish	Norman Keith Skeoch	Paul Stephen Matthews
Group LTIP
Date of exercise	31/03/15	30/03/15	30/03/15
Date of notification	31/03/15	31/03/15	31/03/15
Shares vested	763,719	418,811	251,286
Shares sold to cover tax liability	359,848	197,335	-
Shares sold	-	-	251,286
Shares acquired	403,871	221,476	0
Sale price	£4.7589	£4.8080	£4.8073
SLI LTIP
Date of exercise	n/a	30/03/15	n/a
Date of notification		31/03/15
Shares vested		349,914
Shares sold to cover tax liability		164,872
Shares acquired		185,042
Sale price		£4.8080
2013 Deferred Share Awards
Date of exercise	31/03/15	30/03/15	30/03/15
Date of notification	31/03/15	31/03/15	31/03/15
Shares vested	171,345	21,069	62,558
Shares sold to cover tax liability	80,734	9,928
Shares sold	-	-	62,558
Shares acquired	90,611	11,141	0
Sale price	£4.7589	£4.8080	£4.8073
Total shares acquired via the above transactions	494,482	417,659	0
Percentage of share capital acquired via the above transactions	0.0251%	0.0212%	0

Following the above:

	David Thomas Nish	Norman Keith Skeoch	Paul Stephen Matthews
Total Shareholding (including Connected Persons)	2,345,568	1,979,557	174,371
Percentage of Share Capital	0.1191%	0.1005%	0.0089%

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

1 April 2015

Enquiries:

Group Secretariat Paul McKenna

[phone]*

* Calls may be monitored and/or recorded to protect both you and us and help with our training. Call charges will vary.

 

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